Depends on many different factors. If your only bill is your $100 rent then to be honest I wouldn't purchase a car for more than 10k just based on your income alone. You make about what I make per year and I made the mistake of buying a car that costs the same amount as my net income. Yes, it was stupid but I learned my lesson. I'm no longer struggling since I got my car refinanced with DCU.
You can try DCU for an approval. You should also try and put down as much as possible as a dp. When I give advice on these issues, I tend to be restrictive. If you think you can afford a more expensive car, say 15k, then go for it. But I recommend 10k or less based solely on your income and what you mentioned in your post.
You can try DCU for an approval. You should also try and put down as much as possible as a dp. When I give advice on these issues, I tend to be restrictive. If you think you can afford a more expensive car, say 15k, then go for it. But I recommend 10k or less based solely on your income and what you mentioned in your post.
You can google "auto loan calculator".