<prompt> Human: Hi guys, first time posting in this sub. Wanted to see if I would be able to afford a 35k car at appx 350 a month after a down payment. FICO score 795Monthly income 3750 after taxRent appx 1,400Student Loan - 0Credit Card - 0Insurance - 300ElectricityNatural GasCableInternet - 300Gas - 100GroceryOutingEntertainmentClothing - 250Hobbies -75I know I have money left over every month, but is that car feasible with my income, I know there is a rule somewhere on comparing your car price to your income but cant find the source I got it from.  <response>: Good rule of thumb I heard here recently is to spend 3 months of gross income on a car as a limit. You dont state your gross income, but assuming you make in the 70 range, then no, this car is too expensive. Your rent is already kinda high for your income, and adding over 700 in car expenses puts you in a spot where half of your work life is done to cover 2 expenses. 