How much should you spend on a car Dave Ramsey?
How much should you spend on a car Dave Ramsey? On his website, Dave Ramsey explains that the total value of all your vehicles shouldn't exceed half of your yearly income. For someone who makes $50,000 a year, all your vehicles' value shouldn't exceed $25,000. Why? Vehicles as investments go down in value. What are 3 financial things to consider when getting a car? Getting a New Car? 5 Financial Factors You Need to KnowYour income. The most important factor that affects your bottom line when it comes to purchasing your first car is your monthly income — especially if...