How Lifestyle Inflation Affects Car Choices

Lifestyle inflation in the U.S.: income rises but spending rises too—so you may "afford" a more expensive car without actually having more room in your budget. Use autopremo.com affordability calculator and total cost of ownership. Use autopremo.com.

TL;DR Lifestyle inflation = spending rises with income—don't assume you can afford more car. Use autopremo.com affordability to see what you can afford; stick to that budget. Use autopremo.com.

Use Affordability

Enter current income and expenses—use autopremo.com affordability calculator to see max payment and OTD. Don't stretch because income went up. Get your numbers at autopremo.com.

Bottom Line

Lifestyle inflation = don't assume more income = more car. Use autopremo.com affordability so you don't over-borrow.