<prompt> Human: Im curious, what do you guys consider is a manageable car payment? About what percentage of your annual or monthly income is a safe amount to spend?I have an old vehicle, and Ive never been one for having a car payment. Ive had 2 beater cars since I started driving at 18 years old. Im now 29, and my truck is wanting to give out. Its still running good, but I know I just have a year or 2 left in driving her daily. I love this truck, but it wont be too long before Ill have to swap out the engine or something else drastic in order to keep her running.  <response>: The better way to answer this question is how it fits in your budget, as opposed to a rule of thumb. If a 500 a month payment means you have 5 dollars left at the end of the month it doesnt matter if thats 5 of your income or 25. Likewise if you have very little expenses, and are saving 30 of your pay every month, who cares if a car is 30 as well. So heres my advice. Figure out a budget of your expenses based on what you spend each month. Then figure out an amount you can afford that still leaves you comfortable each month. Then put 10 down on a 2-5 year old car and try to get a loan 6 and 5 years. If you have to take a loan for 14 and 84 months, dont do it. If you want to see if you can afford it, try it for a few months. For the next 3 months take out your target payment and stick it at the bottom of your sock drawer. If at the end of each month you arent reaching for that money, you are probably okay. 