What kind of car can i afford if i make about 30k a year?
- EdnaLv 72 months ago
You might be able to afford a 3- or 4-year-old used Ford Focus. But, don't despair. A car dealership will be more than happy to put you in a $50,000 auto. How you're going to pay for it will be your problem -not his.
- The DevilLv 72 months ago
Depends if you're going to live in the car or in a house.
- KY-ClayLv 72 months ago
A monthly payment of no more than 10% of you gross income.
- Jay PLv 72 months ago
Is that 30K a year gross or net? Do you have any other fixed expenses ( rent, utilities, etc. )? Are you saving up for anything else ( house, apartment, vacation, etc. )?
The answer to your question depends on many criteria but the short answer would be either a used vehicle or you cannot afford a vehicle at all.
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- Aster RhoidsLv 72 months ago
A used car in decent condition.
- Anonymous2 months ago
See a financial counselor. Or compute your monthly bills and expenses and see how much money you have left for a car payment, insurance, gas and maintenance.