<prompt> Human: So im 26, have a 48k salary, pay 500 a month rent, and bought a new 37k car with a 580 monthly payment. I just bought the car 2 weeks ago, but am starting to realize how much of my income the car is costing me. I really like the car but am concerned about having made a really bad decision. My goal was to be able to rent a 1800 2 br next year but im now realizing i ruined any chance of that. Is there anything i can do to lower my monthly payment ? Should i take a hit and return sell the car? Should i just suck it up and keep on paying it off?  <response>: You couldnt afford 1800 rent on a 48k salary even without the car payment, unless you meant youd be splitting the rent with someone else. Spending 45 of your income on housing is way too much. 