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  2. How to save for a car: A step-by-step guide - AOL

    Calculate your down payment. Determine what monthly payment you can afford. Consider additional costs. Establish a savings plan. Trade in or sell your old car. Learn how to negotiate a deal. A car ...

  3. How Much Car Can You Afford? - AOL

    If your gross salary is $60,000, your take-home monthly pay is probably around $3,750, assuming about 25% of your pay goes toward taxes and other expenses. Based on the 10-15% calculation, you ...

  4. 7 Things You Must Do When Your Car Payment Exceeds $535 ... - AOL

    The U.S. Census Bureau found that the real median household income after taxes is around $64,240 annually, or $5,353 a month. Given this, your car payment should ideally be between $535 and $802 a ...

  5. Amortization calculator - Wikipedia

    An amortization schedule calculator is often used to adjust the loan amount until the monthly payments will fit comfortably into budget, and can vary the interest rate to see the difference a better rate might make in the kind of home or car one can afford. An amortization calculator can also reveal the exact dollar amount that goes towards ...

  6. What is the Cost of Owning a Car? - AOL

    Average used-car monthly payment. Average monthly premium insurance. $112. Monthly average gas cost for 15,000 miles per year. $270. Maintenance and repairs. $119. Monthly registration, fees ...


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