Veeky Forums what percent of your monthly pay do you spend on a car?

it's an insane amount to pay for a car. Even rent should only be 30%

$40+$50 insurance on the two cars. Plus probably $30 for fuel and $20 for general repairs.

So 2% or so.

my rent is $100/month right now. I rent out a condo and have roommates. I also live with my gf of 3 years who makes 3x more money than me.

so you make $7000/month take home and drive an '81 honda?

why

>my rent is $100/month right now
wew, jelly as fuck, keep living the trailer park ferrari dream.

If you don't mind me asking what do you drive?

Because why not? And it's a 1991 Nissan

>trailer park ferrari dream

hahaha, nice

I actually live in a nice rural area away from mexicans and niggers outside Sun City, Arizona. The rent is 1050, but worth more than that. It's a long story but I know the owner and so I got a good price to rent the place.

If you don't care, I don't care.

I just know that if I were making that much money I'd be driving my dream car.

42% - as the full price
>taking a loan for a car
ishygddt

Heh just because you make money doesn't mean you should just buy all the toys you want.
I am little over 600k and I am not going to spend money on my dream car.
Going to wait few years for fun daily, I just can't see myself spending lots of money on cars

What's your dream car? I get a little anxious driving expensive cars around. A beater is liberating.

nothing really expensive, just the T/A 392.

~0%

I'm too lazy to do much work on it, so I don't buy parts often.

> $5000/month
> $1000 project shitbox that hasn't left the driveway in two years
> ride a bike to work

I'm sort of waiting for the RX-9.

Maybe 10% if you include insurance. I have some months where I do special projects for it or the regular maintenance that raises that but it's not by much

600k?
600k what? Yen?

>$100 a month on insurance
>$80 a month on gas
>$50 a month on miscellaneous (repairs, oil, washings)

I bring in about $2000 a month net, so about 11% of my monthly income.

I make about 50k pretax and spend about $400 with insurance

>borrowing money for a depreciating asset

>600k what? Yen?
>$5500 usd
Miata fags pls go

My dti is currently 0. You'll be hard pressed to find a good lender about 60%. I think I'm going to finance a used abarth though soon and I'm looking to have a dti of about 15%, which is entirely reasonable

>Not investing and beating your loan rates.
>Not taking free money to make money.
>Spending your capital now on a depreciating asset

If you are willing to spend a certain amount of money on a car, and you can get a loan that is cheaper or on par for inflation, financing is totally fine.

Besides, good credit and having a long file will help you get a mortgage

>get a mortgage
>spending more on the cost of borrowing and maintenance than rent
shiggy diggy

Yet then you end up with a tangible asset you get to keep and sell.

>Not enjoying your life when you're able to

Obviously things like housing and food comes first, but you can't take your money with you once you're dead. Buying a nice car makes some people happy.

And I'm the guy with the cheap 2012 Focus a few posts up. But eventually I plan on buying a car that I actually want.

do you mean fuel or just general maintenance, bc if it's the former probably 120-140 dollars a month

Ontario fag

Whats good homie

>loancucks

On the essentials (fuel, insurance and maintenance) about 2.75% on my main car. About double that on each project car.

Doesn't understand percentages or the difference between car and bus pass. What an idiot.

Loling at your insurance right now

Outside of petrol and occasional maintenance, 0%.

Owning all your vehicles outright is a nice feel.

there really is nothing wrong with this if you know anything about finance

4% on fuel
1,6% on insurance
0,2% on maintainance
calculated on pay after taxes

That isn't my pic, I just own a BRZ. I didn't mean to get your hopes up. I am in the Northeast US tho.

>falling for the insurance meme

3500/month
260 for car
175 for insurance
Roughly 50 per month of fuel

So 14% all that included

Not sure the percentage but I pay like $70 for insurance. About it right now.

Soon I'll be spending.. uh roughly 25% I think. My cars kinds falling apart so I'm financing out a "used" car through my bank.

100% of my monthly regret

14% of my net take-home, including payment, insurance, and fuel.

5%

A lot because I'm still in training and paid like a slave. But it's not that much in absolute numbers, maybe 40 eurobucks each for fuel and insurance, plus whatever the irregular stuff adds up to. Maybe 120 eurobucks a month, depreciation notwithstanding. I'd have to drive a scooter if I wanted even cheaper transportation.

I spend ~$30/mo on bike insurance, and maybe $50 in fuel