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My car payment alone is almost that much. Then my insurance is also almost that much.

Oh, and about $5,000/yr in gas.

> My car payment alone is almost that much. Then my insurance is also almost that much.

Are you in Europe or the US?

My insurance at age 20 with an accident under my belt was under $3,000 a year. My 50k mile Corolla cost less than your annual car payments.

> Oh, and about $5,000/yr in gas.

That's $100 or two sedan sized tanks every week at US prices. At 30 MPG that's over 30,000 miles a year.

Try having a family.

Anecdotally - I bought my car for $7,000 cash, about four years ago. I guess that's about $1,500 a year plus gas and maintenance.