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4min chapter
How to Buy a Car the RIGHT Way! (20/3/8 Rule)
Money Guy Show
The 20/3/8 Rule for Buying a Car
This chapter discusses the '20/3/8 Rule' for buying a car, which suggests putting 20% down, financing for a maximum of 36 months, and keeping monthly payments below 8% of monthly gross income. It also addresses options for those who did not follow the rule and provides guidance on how to correct their situation.
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Discover
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