[quote=kev374]
it’s not a linear scale that way. It’s needs vs wants. The first $15-20k of car may be a *need*, you need decent transport for work etc. But the other $40k is then fluff that can be afforded only if you have all your other more important financial priorities set…savings, retirement, emergency fund, kids college, home paid off, investments etc. etc.[/quote]
You don’t NEED a $15k-$20k car. You can get a decent used civic that runs well for $3k-$4k. So, a $20k car is a luxury. You don’t ever need to buy a new car.
