What is the most amount of money you would spend on a car?

Answer 1

80% of my gross annual income financed for 4 years, 5 years at the most. This is assuming my other bills are just the basics and the interest is reasonable. Good luck and happy New Year.

Answer 2

it depends on the amount of money I have at my disposal.

I just put $17,000 down on a $26,000 vehicle. I am only financing a small amount to keep the credit bureaus happy.

With that much saved up, I could have gotten a much higher priced vehicle. But I choose to live well within my means and piss away my hard earned dollars on interest.

But if I had a lot more disposable income, I would willingly spend $85,000 or so on a new M5!

Answer 3

Of course it depends on the type of car you want. I have spent as much as $35,000 for an SUV recently, and as little as $1,000 for a car when I was a teenager many years ago. I personally don't purchase cars that are very luxurious, just ones that provide the basic needs to get me to and from work and everywhere else. A car is just that, a car... although some people think of them as an extension of themselves... some flashy and fast, others boring and economical... it's really a personal decision whether to spend a fortune or not !

Answer 4

Depends on how much you would use the car... and on how much money you have :)

If I had 100000000000000 dollars I would spend as much as possible ^^ hihihihh

But if you have an ordinary job and aint getting so much money... It would be good to first save like maybe 10 - 20% of your salary a couple of months and take those money and buy a car ;)

if you like aint gonna use the var so much dont "waste" so much money on it...

I am only 16 and dont know so much about cars but my friend bought a car he didn't use so much for about 30'000 and he regret it very much, he said that it would be better if he had spent like 1000 !! ^^

Answer 5

$10,000 will buy you a fine used car that will do everything great for you and save you thousands on depreciation. get a one owner american car or toyota about 3 years old with less than 50,000 miles(especially american cars)
I never spend more than that and have had very good luck for past 30 years this way. I started at $3,000 but have had to bump it up over the decades. I get 5-6 years of good use before selling for about 25% of purchase price and buying again.

Answer 6

for me i bring home about 4000 a month and i wouldn't spend over 27000 on a car a suv thats another store. I bought my 02 honda accord for 16707 and i went and looked at the brand new ones and mine is just as nice.

Answer 7

Depends on what car I wanted and how much money I had

Answer 8

2002 Porsche Boxster S.. $46k
2004 Audi A6 2.7t... $48k
2006 Lexus RX400h... $51k

Answer 9

depends on car and my resources, wouldn't over pay for one as rather buy a house.

Answer 10

I just got through paying over $50,000.00 for my new Dodge pick-up truck. Not cash....financed