How much should I spend on a car for my teenager?

And for low-budget cars, such as those in the $5,000 range or less, plan to spend $1,500 to $2,000 on maintenance right away to make sure the brakes, tires and other features are safe for your teen.

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How much should I spend on a used car?

How Much Should I Pay? According to the 36% rule, it isn't wise to spend more than 36% of your income on loan payments, including car payments.Another rule of thumb says that drivers should spend no more than 15% of their monthly take-home pay on car expenses.

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How much of my salary should I spend on a car?

According to the 36% rule, it isn't wise to spend more than 36% of your income on loan payments, including car payments.Another rule of thumb says that drivers should spend no more than 15% of their monthly take-home pay on car expenses.

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How much of my income should I spend on a car?

It all starts with what we call the 20/4/10 rule, which says you should: Make a down payment of at least 20%.Finance a car for no more than four years.And not let your total monthly vehicle expense, including principal, interest and insurance, exceed 10% of your gross income.

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How much should I spend on a bucket truck rental?

Depending on the length of time you need it, leasing may be a better option if your project lasts longer than a couple weeks. Get a few quotes from some rental companies before making a decision.

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How much should I spend on a car if I make 60000?

The general rule of thumb is that you should not spend more than 20% of your monthly take-home pay on cars, according to Edmunds.com (via Bankrate).So if your after-tax monthly income is $4,000, your total cost of car ownership for ALL of the cars you own should not exceed $800 under this rule.

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How much should I spend on a car if I make 40000?

The general rule of thumb is that you should not spend more than 20% of your monthly take-home pay on cars, according to Edmunds.com (via Bankrate).So if your after-tax monthly income is $4,000, your total cost of car ownership for ALL of the cars you own should not exceed $800 under this rule.

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How much should I spend on a car if I make 100000?

The general rule of thumb is that you should not spend more than 20% of your monthly take-home pay on cars, according to Edmunds.com (via Bankrate).So if your after-tax monthly income is $4,000, your total cost of car ownership for ALL of the cars you own should not exceed $800 under this rule.

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How much should I spend on a car if I make 80000?

The general rule of thumb is that you should not spend more than 20% of your monthly take-home pay on cars, according to Edmunds.com (via Bankrate).So if your after-tax monthly income is $4,000, your total cost of car ownership for ALL of the cars you own should not exceed $800 under this rule.

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How much should I spend on a car if I make 20000?

You can spend between 10 and 50 percent of your gross annual income on a car.That's a big range, we know, so if we had to set a rule, it would be this: Spend no more than 35 percent of your pre-tax annual income on a car.

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How much should I spend on a car if I make 50000?

Expert estimates range broadly.Greg McBride, a senior financial analyst at Bankrate.com, advises that a car payment should equal no more than 15 percent of your pretax monthly pay.That means that if you make $50,000 a year, your monthly car payment could be as much as $625.But for many of us, it ...

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How much should I spend on a car based on salary?

Rules of Thumb The general rule of thumb is that you should not spend more than 20% of your monthly take-home pay on cars, according to Edmunds.com (via Bankrate).So if your after-tax monthly income is $4,000, your total cost of car ownership for ALL of the cars you own should not exceed $800 un...

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How much should you spend on a beater car?

The cost of a beater can vary, however, from the $500 to $2,500 range.The lower the cost, the more problems and higher likelihood of it dying sooner, rather than later.At the higher end, slightly above $2,000, you can actually get a car that could last you many years if it's treated right.

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How much should I settle for my car accident?

Your average car accident settlement might be approximately $21,000.It is likely to fall somewhere between $14,000 and $28,000.The settlement is generally higher for more severe or permanent injuries.You'll also get paid more if the other driver was found to be driving under the influence.

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How much should I save for my first car?

Set a Goal You'll need to save a whole lot.Most financing requires at least 20% down.So if you are buying an average car at around $30,000, you'll need to come up with at least $6,000.

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How much money does the average teenager spend on clothing each year?

The average teenager spends between $500 and $1,000 per year. The total depends largely on where they shop and their personal style.

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How much should you spend on your first motorcycle?

Everything You Need to Know Before Buying a Motorcycle.Motorcycle prices can vary wildly, but on average, if you're buying a new motorcycle fit for a beginner, you're probably spending anywhere between $5,000 and $10,000.

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How much should I pay for a car monthly?

It all starts with what we call the 20/4/10 rule, which says you should: Make a down payment of at least 20%.Finance a car for no more than four years.And not let your total monthly vehicle expense, including principal, interest and insurance, exceed 10% of your gross income.

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How much should I save for a car?

As much as you can afford.Depends on your needs and if new or used. You only get what you pay for when buying used cars and usually no warranty, but then lots cheaper than buying new. Contact your bank or credit union to get pre-approved for a loan amount, that way you will know how much you can ...

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How much should I pay for a used car warranty?

Typically, the average extended warranty for used cars cost ranges from $350-$700 per year, but every person and policy is different.But a higher deductible will result in a lower extended warranty for used cars cost.Just like your insurance, how much you pay is determined on how much your deduct...

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How much should I pay for a car?

According to the 36% rule, it isn't wise to spend more than 36% of your income on loan payments, including car payments.Another rule of thumb says that drivers should spend no more than 15% of their monthly take-home pay on car expenses.

Read more

How much does the average person spend on a car?

The average person tends to spend about 15k to 25k on a new car. This is why most automakes i.e. toyota, honda, nissan, try to price most of their family cars in this range.

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How much antifreeze should I put in my car?

Vehicles, such as cars and light trucks, require an antifreeze to water ratio of 50/50.This gives the coolant an adequate amount of freezing and boiling protection while also providing the corrosion protection the engine and radiator need.

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How much should I put down on a 30000 car?

Lenders may require more money down on a new car than a used car to offset its quicker depreciation.Typically, an initial payment of 20 percent or more of the purchase price is wise.This works out to $6,000 down on a $30,000 vehicle, resulting in a financed amount of $24,000.

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Can i get a decent sound system in my car for 800 I want it to be crisp but bump Im thinking i should spend 200 on Headunit 200 for speakers 200 for sub and 200 for amp brand suggestions?

You can probably buy a decent headunit for $200 but amps and subs are expensive. MTX are very good. I also have a BOSS Class D amp (powers subs only) that is unbelievable. Alot depends on how big a car is and what size the OEM (stock) speakers are. Component sets (separate woofer and tweeter) are...

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How do I rebuild my relationship with my teenage daughter?

Here are 10 ways you can improve parent-teen relationships starting today: Remember that you are the parent. Remain calm in the winds of change. Talk less and listen more. Respect boundaries. They're always watching. Make your expectations clear. Catch your child in the act of doing som...

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How much should i pay to get my timing chain replaced on a Buick la Sabre?

The timing chain should last the lifetime of the engine. I would like to know the symptoms.

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How much should I expect to pay for car insurance?

For minimum required coverage, the average cost is $676 per year, on average across states, or about $56 per month for drivers with good credit and clean driving records.But averages don't say much about your own car insurance rates.

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How much should I pay for car maintenance?

Here's some more specific guidance.While maintenance costs vary, depending on the age and condition of your home and car, a decent average is to assume vehicle maintenance expenses of $75 per month per vehicle and at least $100 per month in home maintenance.

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How much should I budget for car maintenance?

Here's some more specific guidance.While maintenance costs vary, depending on the age and condition of your home and car, a decent average is to assume vehicle maintenance expenses of $75 per month per vehicle and at least $100 per month in home maintenance.

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How much should I be paying for car insurance?

For minimum required coverage, the average cost is $676 per year, on average across states, or about $56 per month for drivers with good credit and clean driving records.But averages don't say much about your own car insurance rates.

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How much should I pay for tires?

According to CostHelper, a standard, all-season tire costs between $50 and $200 each with an average price of $80 to $150.For a pickup truck or SUV, drivers may pay $50 to $350, with an average cost of about $100 to $250.

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How much money would I spend on gas if I travel 100 miles per week?

It would depend on the MPG (miles per gallon) your vehicle gets and the price of gasoline in your area.

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How much money would a boy racer spend on modifications?

There is no deffinate answer to this question. Some people will spend just a few £100's on their car, however other will spend ten's of thousands on modifications. Although I wouldn't class myself as a boy racer, I bet others would as my second car is a modified fiesta, that, although it only cos...

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How much should I pay for a speeding ticket?

While the cost of a speeding ticket varies by region and offense, most sources say that the average cost of a speeding ticket is $150, including court fees [source: The Auto Insurance].

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How much should I pay for a 2019 Honda Civic?

The least expensive 2019 Honda Civic is an LX sedan with a manual transmission.Including destination charge, it arrives with a Manufacturer's Suggested Retail Price (MSRP) of about $20,350.Civic coupes cost a few hundred dollars more, and the hatchback Civic starts under $21,500.

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How much should I pay for a travel trailer?

A new travel trailer typically costs between $11,000 and $35,000.An average 24′ travel trailer with decent construction will cost approximately $23,000.Obviously, the price depends on a lot of different factors–not the least of which is the size and construction quality.

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How much should I pay for a used bike?

Buying a used bike is one of the cheapest ways in the world to save money and have fun.For between $100 and $250 you can find a decent used bike that should not require much fixing; and for $250 to $500 you could find a really great used bike that would cost you well upwards of $1,000 new.

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How much should I ask for a Personal Injury Settlement?

A general rule is 75% to 100% higher than what you would actually be satisfied with.For example, if you think your claim is worth between $1,500 and $2,000, make your first demand for $3,000 or $4,000.If you think your claim is worth $4,000 to $5,000, make your first demand for $8,000 or $10,000.

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How much should I pay for a motorcycle?

Motorcycle prices can vary wildly, but on average, if you're buying a new motorcycle fit for a beginner, you're probably spending anywhere between $5,000 and $10,000.

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How much should I pay for a golf cart?

The average golf cart - electric, with a top and windshield, goes for between $5,000 and $7,000.This will get you a basic electric cart and some useful add-ons such as a cooler or club covers.Buyers reported purchasing used vehicles for between $2,500 and $5,000.

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How much does Massachusetts spend on education?

Massachusetts school districts across the state spent an average of just over $16,000 per student during the 2016-2017 school year.The total cost of an education varies widely by district.

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How much does average person spend on gas a month?

Your monthly gasoline bill: $368 These are just a few of the things you could have bought if you weren't spending $368.09 a month on gasoline.That's the average amount American households spent on gas in April, according to an exclusive analysis of data by the Oil Price Information Service for C...

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Should I stop my car for a yellow signal?

Slow DOWN, but don't completely stop. And I mean SLOW DOWN. Not just like, 2mph, but like, 10 mph. GRADUALLY. Not just all the sudden, BAM, you slam on the breaks and are now going 10 mph slower after conviently giving everyone in the car your in and the one behind you a heart attack.

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How much air should I put in my Tyres?

On newer cars, the recommended tire pressure is most commonly listed on a sticker inside the driver's door.If there's no sticker on the door, you can usually find the specs in the owner's manual.Most passenger cars will recommend 32 psi to 35 psi in the tires when they're cold.

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How much air should I put in my rav4 tires?

Recommended tire pressure level on the 2019 Toyota RAV4 Depending on your usage and the air temperature outside when you fill up, you should aim for an inflation level between 32 and 40 pounds per square inch (psi).

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How do I stop my husband from spending money?

How to Deal with an Overspending Spouse Approach Your Spouse Lovingly. Do not begin by accusing your spouse of wrongdoing or by pointing out faults. Set Up a Budget. Decide on How to Control Spending. Set Realistic Goals. Hold Regular Financial Meetings. Cut Up Your Credit Cards. Use a ...

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How much will I get for junking my car?

The prices go up and down, but you can expect about $250-$500 for your junk car, depending on the vehicle's weight.Other factors to determine junk car value include year, completeness, and damage.

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How much money spends a German citizen in a car?

I don't think money can spend a person, in a car, in Germany.

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How much can I deduct for donating my car?

Find out how the organization intends to use the car.If it's going to sell the car, the IRS limits your deduction to the sale price, even if it's below the market value.However, if it sells for $500 or less, you can claim a deduction for the lesser of its fair market value or $500.

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Should I get a warranty on my used car?

In general, we don't recommend buying an extended warranty on a used car.Warranty companies are in business to make money, and they've usually done their homework.This means you'll likely spend more on the warranty than any repair costs your car may accrue during the period when the warranty is v...

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Where should I put a sticker on my car?

You must attach any windshield stickers to the lower left-hand corner of the inside of the windshield.When you see the windshield stickers from the driver seat, make sure that the registration sticker is located to the right side of the inspection sticker.

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Why should teenagers drive a car?

TO get away from there parents. That's why so if this is a parent asking the question there is your answer.

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How much i should put down a deposit for a car to buy?

The more you put down the smaller the monthly payments will be.

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How much should I put as a downpayment on a car?

This means buyers who want to finance the purchase of a $15,000 used vehicle should plan to put at least $1,500 down.Lenders may require more money down on a new car than a used car to offset its quicker depreciation.Typically, an initial payment of 20 percent or more of the purchase price is wise.

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How much are people willing to spend on a new car?

About 8,000-15,000 dollars.

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How should I value my used car?

The best place to find the value of your old car is to get the Kelley Blue Book value. You will find this at www.kbb.com, and enter the car's information on the website in order to determine the car's value.

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How much should I get for pain and suffering from a car accident?

Most car settlements are between $14,000 and $28,000.If you want to get a rough estimate on your own car accident settlement, then add up your expenses and multiply that sum by three.For example, add up your expenses for medical bills, car repairs, and lost wages, then multiply that sum by three.

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How often should I polish my car?

Our recommendation is to do a full and thorough detail twice a year.This includes claying, polishing, sealing—the works.However, once every three months you should do a refresher detail, including sealant and wax as well as treat any leather.You should thoroughly clean the interior of your car on...

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How often should I wax my car?

How often to wax your car.Smith recommends waxing four times a year, or every three months, to protect the vehicle's finish.James Carter, owner of highly rated Paradise Mobile Detail in Las Vegas, agrees that a vehicle should be waxed every three months, or a minimum of twice a year.

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How should I set my car mirrors?

Side-view mirrors To adjust the driver's side-view mirror, place your head against the left side window and set the mirror so you can just barely see the side of the car in the mirror's right side.To adjust the passenger's side-view mirror, position your head so that it is just above the cent...

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How much do americans spend on gas each year?

its hard to say because of the gas price is going up each year

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How much money on gas would you spend?

it really depends on which car you have. search it up

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How much money would people spend on the '' Model T''?

The Ford Model T was produced for the model year 1909 - 1927. The Model T runabout sold new for $825 in 1909 and $360 in 1927.

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How much should I charge for shredding papers?

The cost is approximately $30 for a 30-pound box of paper and $45 for a 65-pound box of paper.You can take them to a shipping location or have them picked up from your location and shipped off to be destroyed.

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How much does average American spend on gas?

The average is $ 3,000 dollars a year

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How much should I charge to detail a car?

You should expect to pay more for high quality service.Basic car detailing service should include a wash, wax, interior vacuuming, interior polish, window wash, mirror and trim cleaning and tire cleaning.You can expect to pay $50 to $125 for an average sized vehicle and $75 to $150 for an SUV or ...

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How much should I settle for whiplash injury?

Settlement values or trial verdicts for whiplash vary greatly, but most cases or mild to moderate whiplash will be valued between $2,500 and $10,000.More serious cases involving treatment (typically physical therapy) over several months may cost the defendant upwards of $30,000.

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How much should I pay for whole life insurance?

The whole life insurance has an annual premium of $8,230 per year (you can pay monthly but it costs slightly more).The 20-year term life insurance costs $672 per year.After 20 years the expected cash value of the whole life policy (the amount you could withdraw) is $236,679.

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How much should I budget for auto repairs?

Average car maintenance costs Budgeting for vehicle maintenance means having enough money set aside to cover annual tune-ups as well as any surprises that might come up.According to CAA, routine maintenance can range from $500 to $700 each year, or $42 to $58 per month.

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How much oil should I put in my car when low?

How much oil a car requires is determined by the make and model of your vehicle.Most engines require anywhere between 5 to 8 quarts of oil, depending on your car's engine size.The smaller the engine, the less oil required to fill the volume of the engine.

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How much money should I budget for gas?

For maintenance and repairs, you should budget at least $500 a year, or $42 a month—maybe more if you're buying an older car.For gas, let's assume you drive 1,000 miles a month and your car averages 23 miles per gallon.You'd need to budget $117 per month with prices at $2.70 per gallon.

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How much cash do people typically spend while on holiday?

It really depends on where you go, where you will stay, what you intend to do, and how you get there. Will it be a cruise or a trip abroad to see another country? A trip to Vegas will require renting a hotel room or a room at a resort. Will you fly or drive there? Do you plan to gamble or take in...

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How much should i pay to have my front wheel bearings replaced on a 2007 Mazda 6?

Aprox $275 per side parts and labor.

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Whats a good car for a teenager?

Best-cars for teen drivers 2016 Ford Fusion.2014 Chevrolet Malibu.2015 Chevrolet Equinox.2014 Chevrolet Equinox.2014 Kia Optima.2014 Honda Accord.2014 Ford Fusion.2015 Nissan Altima.

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What should I have in my car for emergencies?

Vehicle emergency supply kits should include: A properly inflated spare tire, wheel wrench and tripod jack.Jumper cables.Tool kit and/or a multipurpose utility tool.Flashlight and extra batteries.Reflective triangles and brightly colored cloth to make your vehicle more visible.Compass.

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What should I keep in my car for emergencies?

A couple of containers of oil (in case you run low) An extra bottle of windshield washer fluid (if you've had too many bugs on the windshield) Snacks and water (to keep you fed and hydrated in case of a breakdown that leaves you stranded for a while) Car charger for your phone (so you can always ...

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Should I purchase an extended warranty for my used car?

In general, we don't recommend buying an extended warranty on a used car.Warranty companies are in business to make money, and they've usually done their homework.This means you'll likely spend more on the warranty than any repair costs your car may accrue during the period when the warranty is v...

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Do I have to insure my teenage driver?

In fact, insuring your teen is typically required by law (once they are licensed).Most states require drivers to have auto liability insurance before they can legally drive, according to the Insurance Information Institute (III).The student driver is covered by his/her parents' policy as a househ...

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What should I get for my first car?

Top 10 best first cars for new drivers 2019 Volkswagen up!/Skoda Citigo/SEAT Mii.Ford Fiesta.Kia Picanto.SEAT Ibiza.Volkswagen Polo.Hyundai i10.Toyota Aygo/Peugeot 108/Citroen C1.Dacia Sandero.

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How much does the average person spend on gas monthly?

I work 30 miles away from work and drive a car that gets pretty good gas mileage (I drive 28 of those miles highway). The rest of the days I am not working we usually take my vehicle since my husband's is a gas guzzling suv. I spend just about 225.00 montly on my gas bill. --beth

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How much does someone spend on gas monthly?

Depends on how much they drive. I take the RTD bus to and from work, so I don't spend more than $20/month. Others may spend more.They say that cars in the US average 12K miles a year. Now you need to know what the average fuel mileage your car is getting and what the price of gasoline is going fo...

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How much money does Kenya spend on education?

Government expenditure on education, total (% of GDP) in Kenya was 5.27 as of 2015.

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What type of gas should I use for my car?

What octane you need will be stated in your car's manual.You'll see instructions like, “Use unleaded regular gasoline with an octane rating of at least 87 to 91,” or “at least 91 to 95.”

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Where should I list my car for sale?

Here are some of our favorite used car websites for sellers, along with some other sites where sellers can unload cars and trucks quickly. Cars.com. AutoTrader. eBay Motors. Hemmings. Facebook Marketplace. CarGurus. TrueCar. Craigslist.

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Best car for a teenager?

Anolder Saturn is what I have got all of my kids when they get there license. Slow and dependable. Good in a crash. Inexpensive. The perfect starter car.

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How often should I change my oil if I don't drive much?

How Often to Change Oil if Don't Drive Much? According to car experts, it is recommended to change your vehicle's oil after every 4000 to 6000 miles or four to six months, whichever comes first.

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How much will you spend on oil changes?

I change my own oil and pay $24 for the Pennzoil Synthetic oil and $5 for the Purolator filter for a total of $29.

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Should I cosign a mortgage for my daughter?

Cosigning a mortgage for an adult child is a big decision.Your child may have employment and income to support a mortgage payment, yet other issues prevent an approval.His credit score might be too low to qualify, or he might need a cosigner to qualify for a lower rate mortgage.

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Do I have to add my teenager to my car insurance?

Insurance coverages your teen should have You are legally required to have to have at least state-minimum auto insurance coverage, but that is really not going to cover your needs as a parent of a teenage driver.First and foremost, your teen driver needs liability coverage – and lots of it.

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Should I use wax or sealant on my car?

When applied, carnauba wax adds a very warm glow to your paint coating.Unfortunately, even the best wax has natural limitations.The major downside of car wax (compared to paint sealant) is its lack of consistent durability.

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What should I put on my car ad?

Below are several additional tips for what to include in your ad: Provide a detailed description. List your asking price. Explain why you're selling the car. Show off good gas mileage. Highlight modifications. Include any warranty information. Provide an honest assessment of the car's c...

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How should parents treat their teenager?

Communicating with Your Teenage Son Keep it short and sweet. If you have something you need him to know, offer a series of clear points. Don't overdo the eye contact. Talk while you're in action. Stay calm. Give him time to process.

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How much should you charge for a car wash?

Well, it honestly depends on how much your spending for supplies, how much you want back in profit, and how many costumers you think will come.I would personally charge about $7 if your doing a car wash at a big facility. But if your doing a "Self Serve" Car wash, then probably about $2.If your w...

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How much should you settle for after a car accident?

Your average car accident settlement might be approximately $21,000.It is likely to fall somewhere between $14,000 and $28,000.The settlement is generally higher for more severe or permanent injuries.You'll also get paid more if the other driver was found to be driving under the influence.

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How much should you budget for a car?

If you don't want to worry about buying more car than you can afford, here are the optimal budget guidelines that most experts recommend: Monthly car payment should be no more than 15% of your gross pay or 20% of your take-home pay.Down payment should be at least 20% of purchase price.

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How much should you buy a decent car for?

Used from $15,000- $25,000 New from around $28000- ...

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How much should you get paid for washing a car?

A basic mobile car wash can go from $20 to $50.Exterior Wash only will cost you between $20 to $30.Exterior and Interior (vacuum and wipedown) will cost you between $30 to $40.A full car wash with the trunk rims and tires usually cost $40.

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Do I need to add my teenager with a learner's permit to my policy?

do teens with a learners permit need car insurance? Most states don't require drivers with learners permits to be individually covered.So your policy will likely protect your young driver until they're licensed.That said, always check with your insurer.

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When should I have my brights on?

If there are no oncoming vehicles, turn on your high beam headlights.In general, you should always use high beams outside cities and in rural areas, as long as there are no other vehicles around.Dim your lights when there are oncoming vehicles, or when you are approaching another vehicle from beh...

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What should a teenager have in their car?

10 Things Every Teenager Should Have in His or Her Car An Aux Cord/FM Transmitter. Car rides are always better with music. An Emergency Kit. Clothes and a Bathing Suit. Chapstik and a Hair Brush. A Pack of Gum. Air Freshener. A Pair of Shades. A GPS.

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