<prompt> Human: Okay so Im starting my new job this month and Ive worked hard to get here. Before this job I was only bringing home 1,300 a month.With my new job I will be bringing home around 2500 a month. Right now Im driving a old Jeep that is about to explode.Id like to either lease or buy a newer vehicle. All my bills together a month are only 900 maybe 300 for groceries..Could I afford a car payment? How much can I spend?  <response>: You can in a cashflow perspective, but you shouldnt. 30k a year is way too low to be thinking of a new car. Ideally you should spend no more than 20 to 25 of your annual gross income on a car, so that puts you at 6k to 7.5k, which is enough to find a reliable older car. Otherwise you will just have a car by the time its paid off and no savings for the future. 