The True Cost of a Car (It's Not the Price)

Описание: The price tag says $30,000. That's not what the car costs.
In this video: the 4 hidden costs of owning a car (loan interest, depreciation, insurance, running costs), what one car really costs per month, the 20/4/10 rule, and the smarter way Sam buys his next car.
Example: $30,000 at 7% for 6 years = about $511/month and about $6,800 in interest. Add insurance and running costs and it's about $911/month.
All numbers are examples for illustration only. Educational content only, not financial advice.
Narration and illustrations are AI-generated.
Also on TikTok: @stickmoneyhq
#personalfinance #carloan #budgeting