Still, the culture surrounding spending so much of your money on a depreciating asset just to have fun or maintain appearances is crazy.
Americans are spending $1000/month for 6+ years to drive a car that mostly sits in driveways, parking lots, and traffic.
Made trillions.
Kidding aside, if the item wasn’t such a significant chunk of one’s earnings and also wasn’t on the never ending purchase cycle perpetuated by advertising and culture I’d feel differently.
Buy a nice car that fits your budget and provides satisfaction. Keep it for long enough that it doesn’t impact your family’s financial stability.