Re: Financial question

["Kathryn M. Lyle" <lyle@xxxxxxxxxxxxxx>]

Tamar asks:

> >From a sound financial planning point of view, what do you think the right
> allocation for total car(s) expenses to net income should be?
> 
> What I mean by total car(s) expenses are car payments if financed, or lease
> payments, insurance, maintenance expenses, gas, state registration, parking,
> and traffic tickets, etc. Assuming you use the car(s) for non-business use
> only.
> 
It may not be sound, but my rule of thumb is about 98% assuming no
traffic tickets.  Went up to 99% the year I bought the V1.  Hope this
helps.

Kathy

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