Certified financial planner Lauren Lyons Cole talks about how to know if you can afford that dream car or not. The following is a transcript of the video.
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A financial planner shares how to avoid ending up with a car you can't afford
Certified financial planner Lauren Lyons Cole talks about how to know if you can afford that dream car or not.
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if you're going to take out a loan to pay for the car I would recommend limiting it to three, four years at most. And if you can't afford to pay off the car in that time frame then you can't afford the car unfortunately.
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