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Car Purchase Calculator:
How much should you spend on car?
The answer is 1/10 of your gross annual income. Yes,
there is a general rule of thumb that you should not
spend more than 1/10 of your gross annual income on
a car. If you agree with this rule then use our
free car purchase calculator to calculate the
amount to be used for purchasing a car.
How to Use Car purchase Calculator:
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Enter in gross annual income.
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Press calculate button.
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Wait for the result. Our free
car loan calculator will calculate the amount
for you.
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