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I love when we get to say YES!!!! Here’s the framework to buy a brand new (year of) vehicle: ✅ Million dollar or more net worth ✅ You are paying cash ✅ Your spouse is onboard if applicable ✅ Keep combined vehicles values to no more than half your gross annual income. Basically if you can imagine yourself BURNING 60% of the cars value (so in this case $90k) in a bonfire and it changes nothing about your financial snapshot, you’re good. Most new cars loose 60% of their value in the first 4 years. #personalfinance #personalfinancetips #newcar #buyingacar #porsche
Duration: 84 sPosted : Mon, 11 Nov 2024 08:41:42Views
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