View Single Post
Old 03-18-2013, 09:34 PM   #20
Sigh-on-Rice
Waited 5 years for this
 
Sigh-on-Rice's Avatar
 
Join Date: Jan 2012
Drives: '18 MX-5 Club
Location: IL
Posts: 1,257
Thanks: 901
Thanked 801 Times in 281 Posts
Mentioned: 8 Post(s)
Tagged: 0 Thread(s)
Garage
Quote:
Originally Posted by mrybczyn View Post
i would never pay more for a car than 6 months of net pay. so 12k for you.
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.
Sigh-on-Rice is offline   Reply With Quote