How Much Car You Can REALISTICALLY Afford (By Salary) #shorts

In this video, let's discuss exactly how much car you can afford based on salary. With the average price of a car hovering around $48,000, interest rates between 7 and 11%, monthly car payments sky-rocketing, people defaulting on loans, and inflation impacting everyone in 2024, make sure your next car-buying experience goes smoothly, and you're setting yourself up for financial success. Whether you're planning to buy in cash or finance your purchase, buying a car is a huge decision. I'll go over three car-buying strategies to help you stick to a budget and potentially invest some money that your future self will thank you for.