Quote:
Originally Posted by mrybczyn
i would never pay more for a car than 6 months of net pay. so 12k for you.
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I'm with mrybczyn on this.
I've read somewhere that the affordable car means your net annual income divided by 2, which is same as your monthly net pay x 6.
Considering that, $25k car is not affordable for you. You still will be able to do it, but you will end up giving up other things.