How much should you spend on a car?

[@canbefit]

Great perspective on justifying net asset position and using capital wisely mate.

[@GuidedInvestor]

Thanks mate! Hope you're keeping well

[@Dougzed]

Right now I'm trying to decide between spending 10,000 or closer to 20,000 on a used Toyota Camry. I'm leaning towards spending more so that I can get a newer car but still has low KMs and a reverse camera. The 2012 to 2015 Camry's would have been 35 to 40K new, and now they're down to 20K so I feel like it's already depreciated. 20K ain't 10% of my asset share though! However, I won't go into debt for it.