How much should you make to drive a G Wagon? Lmk which car to do next! #gwagon #personalfinance

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⏱️ Timestamps:
0:00 – Start Here

Joe Lilli
 

  • @dylanmeeks54 says:

    So no G Wagon for me then

  • @mattl165 says:

    These rules don’t make sense above a certain point. If you’re making over $200,000 a year you shouldn’t be financing vehicles. I mean, everyone should try to avoid car loans at any income level, but if you’re making $400k/year and you have an auto loan you shouldn’t be embarrassed.

  • @ayianab0hc says:

    XAI21S and ETH together? Bro, this combo feels unstoppable. 15x is just the start 🚀

  • @43DW says:

    Now do a slightly used 2002 Toyota Camry

  • @matw1x says:

    I only make 50K per year, but I live with my mom and have no expenses, so I think I can manage.

  • @christianktm2910 says:

    I’m ok taking the bus 🚌

  • @brock5946 says:

    Why 10%? What if it was 30%? Would that mean the person would go broke or has he/she less money to spend on other unnecessary things

  • @Dreamers-63 says:

    The monthly payment alone without gas, maintance or insurance is higher than my monthly income…🤯

  • @liveandletlive2894 says:

    $391 is the average car owners insurance payment. Not a G wagon owner

  • @TheRealFrostysaur says:

    No way insurance for that thing is that low, unless the only thing you have on there is roadside assistance for almost $400 a month.

  • @Remo1147 says:

    Working my way backward I can’t afford my legs to carry me 😅

  • @shashankshekhar2611 says:

    My neighbour, few doors down has an older one but it looks super nice and shiny 🙂 he must be doing well!!

  • @grant1499 says:

    Hi Humphrey. I seem to recall that because the G Wagon is over a certain weight threshold, there’s a tax benefit that factors into the economics. Is that right?

  • @gilberttakyi3265 says:

    Is this before or after tax?

  • @a.v.k.7263 says:

    Do you really like that car???

  • @michaell1744 says:

    Weird calculation when it doesn’t factor in any other expenses like housing, etc

  • @Iamlemonbliss says:

    I think i can afford it as a Walmart employee 😂

  • @xiphoid2011 says:

    My wife and I make more than that, but we would never buy something like that. Cars are depreciating assets. Just because some people have high income doesn’t me we spend lavishly. Smart one put money to work, to make even more money.

  • @PaddyMc5th says:

    I wouldn’t drive one because I’m straight.

  • @aston4736 says:

    G wagon is a luxury vehicle so using the money guy method you need to pay it off in a year in cash

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