Colorado Springs resident? At AutoFoundry, we allow you to view the current listings of dealerships all over the state of Colorado. Simply find the car you want, then arrange a viewing appointment. If you’re considering a car having more than 150,000 miles, you may want to have a technician perform an inspection. This could save you a whole lot in the long run.
Income is the primary factor when determining how much you should spend on a car. Here’s an oft-mentioned guideline among personal finance experts: spend roughly one-third of your annual salary on a used vehicle. For instance, if you earn $20,224 annually, the average in Colorado Springs, this is just $6,067.
- 30% of Income: $6,067 (Good)
- 50% of Income: $10,112 (Average)
- 75% of Income: $15,168 (Unhealthy)
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