Originally Posted by taleof2bricks
Cash here, but I'm sure any who chose to lease/finance were bringing in far more than $3200/month. Spending 1/4 to 1/3 of your net income on a car payment is just silly! Recent events have shown that this can be a bad strategy for home purchases as well. Lose your 'good paying job', miss a payment or two, and ..........
Correct me if I'm wrong, but you're saying to buy a new M3 "comfortably," one must be making 400k/yr... Serious?
Do people agree with this? That you should spend less than 1/4 of your salary to buy a car?