How Much Should You Spend on a Car?

A car is a big purchase that will go down in value, and so we want to minimize the losses to an amount that is acceptable based upon our current net worth. So how much should you spend on a car? I want to give you three suggestions. The first suggestion is you should spend the amount of money that you have. In virtually all other scenarios, you're better off simply paying cash. And what i mean is you should limit your purchase to the amount ofmoney that you have saved.