Quote:
Originally Posted by SakhirM4
0% - both my cars are paid for.
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Exactly why this doesn't work unless you ask it differently. What % of your gross income do you spend on car costs over the time of ownership. So paying off 2 80k cars that you own for say 5 years and then sell for $40k each means you spent 80k over 5 years. That divided by your gross should. E what everyone calculates.
My cars are typically about 3-4% of gross taken that way.