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Modern cars are so safe that comparing one to another is like comparing the acceleration of a porsche and a ferrari.

My grandfather once told me I should be spending 1 years income on a car and 5 years income on a home, and that these were the 'right numbers'. He was a wonderful man, but full of **** financially.

No particular rule, but single digits. I am also an itinerant worker, and so get considerable tax benefits from driving a newer vehicle. I made a taxable gain on my last car.

I don't tend to look at car buying in terms of % of net worth, but rather in terms of cashflow. These days I manage pretty much everything in terms of cashflow, figuring that if my strategy and cashflow are correct, everything else will follow.