Calculate Your Car Net Worth: A Comprehensive Guide to Determining Vehicle Value
Comprehensive Guide to Calculating Your Car’s Net Worth: Enhancing Financial Stability The Net Worth Rule: A Path to Responsible Car Purchases Knowing your car’s net worth plays a crucial role in making informed financial decisions. The Net Worth Rule, a widely accepted guideline, recommends allocating no more than 5% of your total net worth to car expenses. This prudent approach helps you avoid excessive debt and keeps monthly payments manageable....