WebOct 20, 2024 · Experts recommend that you spend $5,000 to $10,000 on your first car. But honestly, it all comes down to what you can afford. Here are a few simple tips to help you calculate a figure that would work well for you: Don’t spend more than 15% of your gross pay or 20% of your take-home pay. Ensure you can make a down payment of at least 20% of ... WebMay 25, 2024 · The average price of a used car in 2024 is $34,429, according to iSeeCars. That's up considerably from 2024; the average retail selling price of a used car in 2024 was $26,709, according to the National Automobile Dealers Association (NADA). The average price of a used car in 2024 was $22,027.
Average Cost for Car Repairs: How Much Should You Budget for Car …
WebJun 18, 2024 · How Much Does Professional Car Detailing Cost? Car detailing costs around $160 on average, according to a 2024 study by Mobile Tech RX. The price varies based on the size and condition of the car. SUVs and vans may cost about $50 more. Professional car detailing companies typically offer different service packages that can range from $20 to ... WebApr 5, 2024 · Depending on how much and how far you drive, this could be at least $100-200 per month. You also need to pay car insurance. If you’re financing a car, you need to carry full coverage. For newer drivers, insurance is very expensive. You might have to spend at least another $300 per month on auto insurance. This may be as high as your car payment. dane brown linkedin
How Much Does Car Insurance Cost? Average Prices By State
WebFor example, a car buyer considering a $40,000 new car loan with an 84-month term at 9% APR would have a monthly car payment of about $623 and pay $12,369 in interest over the seven-year loan. WebApr 3, 2024 · At the end of 2024, the average new car cost about $47,000, and the average used car approached $27,000. Financial experts generally recommend capping auto … WebJul 28, 2024 · This fee can range from as low as $35 to as high as $100 and doesn’t include actually towing your vehicle. You’ll also pay a per-mile charge that can vary from one towing company to another.... dane boyington