Quote:
Originally Posted by wtwo3
Quote:
Originally Posted by FCX5
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Right. Although this "10% rule" is a bit extreme. So someone making $500k can't spend more than $50k on cars? These rules are obviously made for people who aren't passionate about cars  |
I think they were saying if you make 500K/year, your max payments on car would be 50K/ year. So 4K/ month. That can get you into a nice car. Yeah, limiting to 50K for 500K would be a bit extreme. LOL