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Car Buying Rules: Tips for Buying A Car - How Much Should You Spend on a Car?

1,008 views · Published 15 January 2018 · 15:04 · Indexed 10 November 2026

Channel: Canadian Real Estate Channel · 2018 · Education

How much should you spend when buying your first car? What rules of thumb should you use when buying a car? Should you buy a new car? New vs Used Cars - which should you buy?

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Be sure to check out Michael's blog www.25andfree.com

Check out Financial Samurai's article here: https://www.financialsamurai.com/the-110th-rule-for-car-buying-everyone-must-follow/

Matt McKeever
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Matt McKeever is a CPA, CA and Real Estate Entrepreneur in London, Ontario. On this YouTube Channel Matt will walk the viewer through how to invest in real estate using such strategies as the BRRRR method while also documenting his personal experience as a real estate investor. Matt began investing in real estate at age 25 by purchasing a student rental near Fanshawe College. In 2016 he's acquired over 25 unit and in 2017 acquired over 25 units.

As well on this channel Matt will share his personal monthly spending and discuss the strategies and tactics needed to reach financial independence (retire early) at a young age. We’ll discuss such topics as safe withdrawal rates, how to build passive income streams and how to reduce your personal consumption.

Car Buying Rules: Tips for Buying A Car - How Much Should You Spend on a Car?

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