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 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 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 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 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 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 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 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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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 oil should a used car use?

All engines use a little oil, even new ones. As they wear with use, their oil consumption will increase. Should it get to the point were the exhaust is permanently smokey or consumption is high,maybe a litre every 1000kph, its time to do something about it.

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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 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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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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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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How much should a used car extended warranty cost?

Typically, the average extended warranty for used cars cost ranges from $350-$700 per year, but every person and policy is different.

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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 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 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 does average American spend on gas?

The average is $ 3,000 dollars a year

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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 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 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.

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How should I pay for a used car?

If you're buying a used car at a reputable, licensed dealership, you can use just about any way to pay you want, whether by personal check, debit card, credit card, cashier's check, or even cold hard cash.Just make sure you get a bona fide receipt if you pay cash!

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How long should I test drive a used car?

Most test drives are probably less than 20 minutes, and that's really not long enough.You will want to give yourself a little more time if you're going to be driving this vehicle for a few years.If you can have the car for an hour you'll have a better chance of picking up on things you don't like.

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How much cash do people typically spend while on holiday?

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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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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 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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How much tax will I pay for a used car?

When you purchase or lease a new or used car, you'll probably have to pay a sales tax or use tax.For example, in Florida you must pay a 6% sales tax for vehicles purchased, including cars, trucks, motorcycles and truck tractors.

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What percentage of your salary should you 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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When should I use gears on a bike?

Once you feel more comfortable, you can start playing with different gears in different situations.When riding uphill or into a headwind, it's best to use the small or middle front chainring and bigger rear cogs.When riding downhill, it's best to use the front chainring and a range of the smaller...

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How much do you spend on gas in a year with a hummer?

it would depend on how many kilometers you travel and how you drive in a year

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How much does the average person spend on car maintenance per month?

Depending on how much you invest in your car's maintenance and performance, most people spend about $100 a month. Some cars, particularly sport models, can have additional maintenance challenges and costs.

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How much gear oil does a 1996 Yamaha blaster use and what type of oil should I use?

alittle more than a half of a quart 650ml is the exact quantity, i.e. engraved on the side of your engine will be "650cm3" which is the same as 650ml

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How should a twelve year old boy spend 354 dollars?

Don't spend it. Save it for that car you are going to want when you get your driver's license.

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How much should offer when negotiating used car price?

Depends on your style of negotiation, the car itself and how much you want to end up paying for it.If the liabilities seem high, offer a really low price.If the seller is desperate, stick to a low price.If your at a good dealership, negotiate the price around anywhere from 5-25 percent lower then...

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How many miles should be on a used car?

You should consider the current mileage when purchasing a used car.Of course, the fewer miles it has been driven, the better.An average of 12,000 miles per year is considered the norm.Of course, some cars are driven less than that, but many are driven much more due to long commuting distance.

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How much time do Americans spend in cars?

The AAA Foundation's American Driving Survey shows that on average, U.S.drivers spend nearly an hour behind the wheel each day and travel 31.5 miles- a five percent increase from 2014.Men spend 19 percent more time behind the wheel and drive 27 percent more miles than women.

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How much can one expect to spend on a 2009 Ram truck?

One can find the prices for a 2009 Dodge Ram in a variety of places. It's general price will sit around twelve thousand dollars. This price can vary from seller to seller depending on the condition of the car.

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How much time does the average American spend on facebook in a lifetime?

Average of four hours and 39 minutes on the site a month.Surveyed June 2009May be more by now.

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How much does the average person spend on gas a year 2018?

Those figures are based on the Energy Information Administration's estimate that gas will cost an average of $2.79 a gallon in 2018, up 37 cents from last year's average.The calculation also assumes you're doing as much driving as the average American — about 13,000 miles a year.

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How much money does an average person spend on car mechanic education?

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How much on average do Americans spend in going to the car wash?

If you mean everytime they go to the car wash then its 5 bucks usaully.

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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 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 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 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 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 does the average American spend a week?

Too many variables to answer that one.

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When driving a 36 hours road trip how much money would you spend on gasoline?

Depends, what car, how many people in car, engine size, how fast, how slow, weather conditions, how long are the rest stops, road conditions, type of road, etc, etc..................?

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How much does the average person spend on gas in a year?

Hey, with the average American spending over $2,000 per year just to fill up the tank, we can't blame you.Based on recent estimates, the national average for a gallon of gasoline is roughly $3.74, FOX Business reports.

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Should I buy a used car or a new one?

A good used car with the balance of a factory warranty. The biggest depreciation "hit" has already been taken by the first owner. A current model year demo or program car would probably be one of the best deals

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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 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 fuel pressure should I have?

The amount of amps/current your pump will pull will depend on how much pressure your fuel pump should supply to the rail.A good rule of rule of thumb for this test is as follows: 14 to 15 psi 3 to 4 amps, 30 to 45 psi 4 to 7 amps, 45 to 50 psi 7 to 8 amps, 50 to 70 psi 8 to 12 amps.

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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 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 often should I use diesel Kleen?

Our recommended Year-Round Maintenance Schedule is: Every time you fill up: If temperatures are above 30°F, add Diesel Kleen +Cetane Boost (silver bottle) for maximum performance.This Max HP Formula is loaded with cetane, detergent and lubricity improver to provide peak diesel performance.

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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 is taxes and fees on a used car?

California Used Car Sales Tax & Fees DMV or state feesTitle Transfer Fee$15.00Registration$58.00Vehicle License Fee0.65% of vehicle valueSmog Transfer Fee$8.0012 more rows

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How many miles on a used car is too much?

Here's what to know before purchasing a used car.As a general rule of thumb, 15,000 miles a year is considered an “average” number of miles per year.So, a car that is five years old would have about 75,000 miles to be considered “average.” Anything significantly more, and a car is considered to b...

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How much is mileage worth on a used car?

Price Drop in Used Cars Per Mile For the first three thousand miles or so, cars usually drop about $5,000-$10,000, so it averages out to around $1.50 to $3 per mile.

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How much is gap insurance on a used car?

If you purchase standalone gap insurance online, it'll typically cost around $200 to $300 one time.Adding gap coverage to an auto insurance policy is typically the best buy.You generally need it just for a few years until the gap between what you owe and what the car is worth closes.

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How much are taxes on a used car in Illinois?

Cars bought from dealers are taxed at the basic 6.25% Illinois sales tax rate, plus any local taxes.That's applied to the purchase price of the vehicle.The dealer is supposed to collect the tax from the buyer, and pay it to the Department of Revenue.

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How much profit is made on a used car?

The average retail net profit in 2016 from selling a used car was $65.The dealership's ability to make money selling used cars depends on many things, starting with how much money the dealer “has in it.” This number depends on the trade allowance made to acquire the used car.

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Why should I buy a used car instead of new?

Automakers offer attractive car-buying incentives and new car loans have better interest rates.You'll need to wait several years to get them in used cars.Peace of mind: A new car will likely be more reliable than a used one, even though pre-owned cars are much more dependable than in the past.

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When getting a used car what should I get fixed?

Anything which needs to be fixed, especially if it affects the safe operation of the vehicle.Have the car safety inspected, make a list of issues then repair the issues in order of importance.

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What should I know before buying a used car?

10 Things to Consider Before Buying a Used Car People will purchase a used car for a very obvious reason: it's cheaper than a new one. Determine a range of cost. Always test drive the car. Research the vehicle. Consider the Cars Best Suited for You. Review the Vehicle History Report. Re...

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Should I pay cash for a used car?

Cash gets you the discount price, which is the cost you pay for taking advantage of zero percent financing.And when you pay cash, you may even be able to negotiate a better price, particularly on a used car.3.If you don't finance your purchase, you won't pay any interest.

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Should I buy a used car with 50000 miles?

In general, it's a good idea to assume the typical driver puts on about 12,000 miles per year, which can be a good guideline for determining the value of a prospective used car.For example, a two-year-old single-owner commuter might have 50,000 miles on it, most of it highway miles.

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What should i pay for a used car?

It depends on what kind of car your searching for and how you get it. This is a very broad question. Most used cars can range from 2500-14,000. Its rare but they can even go up from here.

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What should I look for in a used car?

Try watching this video on www.youtube.com, or enable JavaScript if it is disabled in your browser. Inspect the Car's Exterior and Interior. Go for a Test Drive. Consider the Mileage. Check for Leaks. Have a Mechanic Inspect It. Determine a Fair Purchase Price. Do Your Research. Consid...

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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 tax do I pay on a leased car?

This means you only pay tax on the part of the car you lease, not the entire value of the car.For example, if your local sales tax rate is 5%, simply multiply your monthly lease payment by 5% and add it to the payment amount to get your total payment figure.

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How much time does the average American spend driving or in a car each day?

The average US citizen spends approx. 3 hours per day in their car. This is due largely ti the factors of congestion and urban sprawl.The figures will of course be different for other countries in America

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Should I use overdrive?

Even if you are traveling consistently at high speeds, overdrive can be a hindrance on steep hills, or in situations in which you are trying to pass another vehicle.Basically, overdrive should only be used for cruising, because that's where it can truly help preserve both your engine and limit yo...

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How can I save on used cars?

When you haggle for a car you never want to say yes to the first offer. Let the dealer feel like he is winning and wait for his offer.

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What grit sandpaper should I use on primer?

Great Paint Repairs Start With Sandpaper GritHow It's Used320 gritFor final polishing sanding before the primer coat. Also good on spot putty.400 gritUsed for rough sanding primer. Also used for fine sanding spot putty.600 gritUsed for final sanding primer before applying the basecoat color.1...

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How much should a fuel pump cost on a camaro?

You don't say the year ? - Difficult to say without knowing that

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