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  1. Ace in the Hole

    The Maximum You should spend on your car(s)

    Agree on 5 years gross household income would be about right, more or less. Problem is, on lower incomes or those with dependants will have trouble saving any money at all. The minimum cost of living makes it difficult, especially if you are renting and have no deposit.
  2. Ace in the Hole

    The Maximum You should spend on your car(s)

    1% of net is my comfort zone for a car. 5% of net seems way too much, except if you really love cars and the expenses which come with them.
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