Ep. 5 How Much Car Can You Afford?

Text me your episode idea or comment!Budgeting for Your Dream Car: Essential Tips for WomenIn this episode of 'Women Buying Cars,' host Meredith Reynolds, a former teacher turned used car dealer, shares necessary financial strategies for women to confidently purchase the right car without breaking the bank. She recounts personal experiences, including falling in love with a Range Rover, and emphasizes the importance of setting a realistic budget before car shopping. Meredith advises spending no more than 10% of take-home pay on monthly car payments or 35% of gross income if paying cash. She suggests using free budgeting apps to track expenses and avoid being 'car poor.' The episode also features a shout-out to the Subaru Crosstrek for its safety and style. Meredith urges listeners to make smart financial decisions and find great deals on used cars that fit their budgets and lifestyles.00:00 Customer's Dream Car Hunt00:47 Introduction to Women Buying Cars01:04 The Importance of Budgeting01:56 Calculating Your Car Budget03:06 Financing vs. Paying Cash03:53 Realistic Car Shopping04:20 Using Budgeting Apps05:29 Avoiding Financial Pitfalls07:00 Exploring Affordable Alternatives08:52 Cars I Love: Subaru Crosstrek11:52 Final Budgeting Tips14:32 Conclusion and FarewellCheck out our inventory: www.reynoldsautomotivekc.comwww.youtube.com/@ReynoldsAutomotiveKCwww.facebook.com/ReynoldsAutomotiveKCwww.instagram.com/women_buying_carshttps://www.etsy.com/shop/WomenBuyingCarsEmail me: [email protected]