You can afford the car, but it may negatively impact your debt to income ratio when it comes to buying a house. If you only need a car for transportation and you happen to kinda like a new luxury SUV that costs 80k, I’d probably pass. However if it’s a car you’ve been dreaming about owning for awhile and makes you smile every time you see one on the road, I’d say go for it. A car for me is a purchase too expensive to be something that doesn’t make me turn around and smile whenever I’m walking away from it in the parking lot.