No wonder so many Americans are sinking further and further in debt, if a company like Chase would allow somebody who makes $100,000 a year (probably only $70,000 after taxes) to go into debt up to $70,000 for something like a car. I can understand making a stretch to buy a home, business, or education. Going into big debt to buy a depreciating car is not very wise. Just my opinion.
I hope no one was looking for a blessing in my post. I was simply stating the critera the bank uses regarding income to debt on a vehicle.