When scouting out cars to buy, do any of you have a rule regarding how much cash you invest in your vehicle based on your net salary/worth?

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Unless it's a classic car it's not an investment, it's an expense.

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Just decide what's important to you. For me I just wanted an A to B car. So I got a stripped down Altima. If you feel you need more then get more. If you are single and use it to show off, then get more if you can afford.

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Or you can just really like cars like me and not give a fuck

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Car is an expense not investment, but I see no use paying the steep part of the market depreciation curve (first few years) so I buy nice cars that are a few years old (3-6). My current car (which I love) was purchased for about 5% of my NW. All cash.

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I used to be a proponent of buying only, but now I'd advise leasing and keeping it reasonable.

Always lease, definitely advise going with leasing company rather than dealership

^make and model. You can't drop "all cash" and not tell us

I really hope you're not in NY

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Fishes,

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