What can i afford for a monthly car payment?

Question

Alright. Here's the scoop. I am currently making 800 dollars a week. Assuming 4 weeks in every month I should make 3200 dollars a month. I have a current car payment of 180.35, but I am thinking about paying it off. My car insurance a month is 135 dollars. My cell phone is 50 bucks a month. I pay 600 dollars a month for rent. I pay about 175 dollars for gas right now a month. I think that is all I have for bills right now.

Answer 1

Remember some savings, too and there are always a few unexpected needs!  I would say, keep the payment under $320 a month.  

Answer 2

Sounds like you are a prime candidate for this video! It is simple, free, common sense advice. Follow this and you'll never ask about car payments again! Good luck!

http://www.youtube.com/watch?v=BoSkFGO0W...

Answer 3

The answer may vary by person.It would be a good idea to hear some of them and try to choose the best one.Here is a good one.http://car-insurance.easyideas4u.info/ca...

Answer 4

Check out bankrate.com

Answer 5

what's your electric bill?  how often do you go out to eat?  typically about 10% though, so 320 a month should be comfortable.