Leasing Cost Rule of Thumb
My question is what is a good rule of thumb for what my monthly payment should be. I'm not looking for a "whatever you can afford" type answer, rather as a % of my net monthly income.
I googled it and a few sources suggested as high as 20%, which seems way to high for me. What do you guys think? For those of you that lease, what % of your net monthly income is your lease payment?