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

quote:

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Financial gurus suggest you live most of your life in poverty and hope you're alive long enough to enjoy retirement.

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Exactly.

Regardless, I pay cash for the cars I drive now. My current truck is a 2005 Avalanche with 180,000 miles - I paid 3k for it. It's nice enough for me I suppose.

The wife on the other hand? 2013 Jetta TDI, granted we got it for 17k last year (financed). So all in all, 20k for both our vehicles.