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I think it is up to you mate!
If I was you I would invest 80k and try to double my money in 1-2 years if possible and then splash it on a 30-40k car and reinvest the rest.
Put it this way: some people would spend 500k on a car if they would win 1 mil, others only 100k. Some will need to win 5mil to buy a 500k car. What I am trying to say here is that there should be a balance on how much you earn or make and the amount you're spending. I would recommend you (and I am not going to be the only one) to invest your money in goods that will gain value with time.(land, properties, shares, gold, silver, etc) rather than goods that lose value in time (cars, etc).
Personally I am a strong believer in work and reward system: double 80k and reward yourself with a 40k car. triple them and reinvest the rest. It takes money to make money. It takes big money to make big money, but i guess you will have to start from somewhere.
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