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 cars higher than annual salary formula

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ktek
post Jan 29 2024, 07:30 PM

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nobody using ur formula tbh
ktek
post Jan 29 2024, 07:41 PM

小喇叭
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13,215 posts

Joined: Jul 2006
QUOTE(zero5177 @ Jan 29 2024, 12:14 PM)
Buy car price not more than your annual salary just a simple reference so you don't overcommit to the car.
If your annual salary is low but you have tons of saving that can cash out the car u bought although it is already over your annual salary, you can still buy it.
The key is how much u can afford a car without it taking a big chunk out of your income/savings.
If there is people with 3k salary went for 100k car, by all means if they do not have any commitment or future plan, doable but not a wise thing to do in life. But hey if you have a dream to own 100k car and willing to sacrifice your entire saving for it and face the consequences, why not?
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i did what ur last sentence mentioned. so far the car is paying its own installment, and get extra profits for me.
a good work horse

 

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