Automobile

The Fastest Cars You Can Afford on a $60,000 Salary

Many factors go into shopping for a used car beyond the car itself. There’s insurance, gas, and of course, payments (if you’re not buying in cash). It can be tough to calculate, and by the end, your options might seem limited. Thankfully, several websites have calculators to help you figure out how much car you can afford. Let’s say if you make $60,000 per year, you won’t be buying a new M3, but there are several fast options within your price range. Plugging in a $60,000 salary into one of those calculators yields an affordable budget of $24,827, and that’s with a $0 down payment and a 48-month loan. It calculated $899 per month, which includes gas, insurance, and the monthly payment. Here are a few cars that fit well within a $24,000 budget that you can buy right now.

2016 Acura TLX: almost sports luxury

2016 Acura TLX racing at Road America | Brian Cleary/Getty Images

The Acura TLX is an entry-level sedan bordering on sports luxury. It uses all-wheel drive and a 3.5-liter V6 that produces 290 horsepower, which gets the car to 60 mph in 5.8 seconds, according to Car and Driver. It won’t break any records, but it’s no slouch. Honda reliability is a big factor as well, along with decent gas mileage. Acura TLXs are relatively comfortable, yielding lots of interior space for front and back passengers, with semi-agile handling and comfortable suspension.

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