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The Fed Just BROKE the Car Market! (What You Need to Know)

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The Right Way to Buy an Automobile

There's not a consensus across the financial world and across financial minds that fall into this, but we're going to tell you our rules. The very first one is to follow what we call 23, 8. We don't want you to finance it for any more than three years or 36 months. All of your car payments and aggregate cannot exceed 8% of your monthly gross income.

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