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Is It Ever Okay to Break the 20/3/8 Car Buying Rule?

Is It Ever Okay to Break the 20/3/8 Car Buying Rule?

Money Guy Show · Brian Preston and Bo Hanson

June 12, 202425m 15s

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Show Notes

"I’m self-employed and the vehicle I drive is 100% work-related. I’m not trying to buy anything new, but I will need a car that’s somewhat expensive. Can I break 20/3/8 since it will be depreciated over 6 years?"

We'll walk you through that question and more in today's Q&A episode!

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