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sephiroth3650 t1_iy9wbb9 wrote

It is never recommended to buy a car that equals your annual income. Most recommendations are that you spend 20-30% of your annual income (conservatively), and no more than 50%. So most people would recommend that you be making at least $200k before you consider a car that costs that much.

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lainey822 t1_iyb2m2d wrote

I would venture to say 200k after tax to be safe. 200k gross is not enough to take on a 100k depreciating asset and still have enough leftover for retirement and other life goals. Unless you are planning to live in the 100k car, then ok.

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