Buying a vehicle:

The 20/4/10 rule

20% : You should at least pay the 20% of the total price of the vehicle [ DOWN PAYMENT ]

4 Years : You should finance the car for no more than 4 years.

10% : Do not spent more than 10% of your net income on transportation costs.

NOTE:

Depending on your situation, these numbers might not be realistic for you.

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