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Pencil-Necked Finance Dweebs Suggest Anyone Making Six-Figures Should Only Buy a $15,000 Car

The Truth About Cars

Setting some variables in this equation, they propose a monthly insurance rate of $147, fuel costs of $260 per month, and maintenance pegged at $95.50 If I made $100,000 per year, I sure wouldn’t be tooling around in a 2016 Equinox. At the gross income of $100,000 annually, this shakes out to $10,000 per year or about $833 per month.

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