Quote:
Originally Posted by byroncheung
personally i don't think i'll buy a car that costs more than half my annual income...
spending a third of my annual income on a car is probably as high as i would go...
i guess each to his own... i got kids and stuff so gotta save for the future, if you're younger risk tolerance level is probably higher...
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I have always used the ‘less than half’ of gross salary philosophy for car purchases and even that is prob too high.