Quote:
Originally Posted by Gerbs
So house poor too, when would you guys considering buying a p car like a used GT4? Around what net worth or income?
Always thought it was possible once you made like $120,000ish and had your own place but feels like you have to double that to do it reasonably comfortably.
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For cars, many people follow the 20% down, lease for four years, no more than 10% of net income rule aka 20/4/10 rule.
With a lease of about $1800 for a GT4, you'll need at least $18,000 net a month to do it comfortably.