How much will a car cost in 2024? Experts suggested three options

Choose according to your taste.

We live in amazing times – a car that was bought for a million deals in 2020 can now be sold for almost twice as much. Car prices are consistently high, and not everyone can “catch up” with inflated prices.

The media “TZ” his experts asked how much is a reasonable amount to spend on buying a car. And we have chosen three common options.

Based on salary or housing cost

The average price of a new car is less than one person’s annual income. For example, if you earn 1 million rubles a year, it is unlikely that you will be able to afford Lada Vesta​​​​​​​​​​​​​​​​

There is also an opinion that a car should cost 20% of the cost of housing. The author argues that you spend about a fifth of your time in the car. Nice theory!

Calculate car maintenance costs

Estimate how much you will spend on your car – add the costs of fuel, maintenance, insurance, tax, parking, washing and so on. And then think if you can handle the resulting amount.

Therefore, the price of the car does not matter much. “My salary allows me to buy a good used car with thousands of miles,” said the anonymous expert. And he notes that he prefers to travel by public transport and invest money for free.

Look at the amount of annual savings

According to the third expert, salary may not matter in this case if no one knows how to save money. Or forced to spend a lot of money on loans, mortgages or education.

Usually the first car pulls out the highest amount of money, because there is nothing to offset the costs. Then it’s easier: you can sell your old car, pay extra and get a new car.

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