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What can you do to figure out how much you can afford when buying a car?
Weegy: What can you do to figure out how much you can afford when buying a car? Answer: The #1 way to tell if you can afford a car or not is apply for a loan. If you are approved, you can afford it. You wont be, of course. [ But a secondary rule of thumb would be your payment should be no more than 15% of your gross monthly income. Which, in your case is about $110 per month. Very few lenders will lend to someone with such a small payment even with a cosigner with good credit. ] (More)
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