What Is the 20/4/10 Rule for Car Buying?
“Okay, I’m ready to buy a used car… but how much can I really afford?” If you’ve ever stared at your budget spreadsheet with glazed-over eyes or done late-night math in your head, we feel you. With car prices rising and interest rates bouncing around, it’s easy to feel overwhelmed. But don’t worry—there’s a budgeting trick that can make this whole thing way less stressful. It’s called the 20/4/10 rule, and here at Auction Direct USA in Raleigh, NC, we break it down for customers all the time. So, if you’re wondering, “What is the 20/4/10 rule for car buying?”—you’re about to find out.
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