In this video, we go over how much car you can afford by salary and important car buying rules when buying a car that can save you a lot of money.

I also share my monthly car payments and go over whether paying cash for a car, Financing a car, or leasing a car is a better option based on my real-life experience with each one. So you can determine if you should buy a car in cash, finance a car, or lease a car.

When buying a car, you should consider the 35% car buying rule and the 20/4/10 car rule because they can save you money on car interest and principal payments, help you pay off your car loan quicker and be debt-free, help you buy an affordable car, and help you keep up with your car-related payments while leaving room for other financial expenses.

Your credit score also plays a big role in how much down payment you put on a car, what car interest rates you qualify for, and what your monthly car payments will be, so it's important to have a good credit score.

By the end of the video you should understand the following car buying rules:
35% rule
20/4/10 rule

This video answers the following questions and topics:
Should you buy a car in cash
Should you finance a car
Should you lease a car
How much car can I afford
Pros and cons of buying a car in cash
Pros and cons of financing a car
Pros and cons of leasing a car

A BIG thank you to @humphrey for the inspo! Make sure to subscribe and check out his video on the same topic here:    • How Much Car Can You Really Afford? (...  

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