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re: What is the ratio of the price you paid for your car to your annual salary?

Posted on 3/16/15 at 12:05 pm to
Posted by TigernMS12
Member since Jan 2013
5534 posts
Posted on 3/16/15 at 12:05 pm to
So a person making 100K is supposed to spend no more than 10K on a car? I suppose a family making a combined 150K is supposed to split 15K on two cars, and I hope they never have to buy a kid a car. This is just not possible to follow.

30% would be a more attainable goal, but most would not fall into that, especially if you consider multiple car families.
This post was edited on 3/16/15 at 12:08 pm
Posted by BayouBengal0505
New Orleans
Member since Feb 2013
2686 posts
Posted on 3/16/15 at 12:07 pm to
quote:

So a person making 100K is supposed to spend no more than 10K on a car?



Dumbets shite I ever heard. I wouldn't buy an $80k car but only $10k... right.
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