If you have to spend more than 100% of your total yearly income on an item that rapidly depreciates in value then yes it's not affordable.
People scoff at multi millionaires spending hundreds of thousands or a million dollars for a sports car. But that's a small amount of their total net worth or even their yearly salary.
Cars are so expensive to own too. I don't think people realize how much it costs to operate a vehicle let alone but it. The AAA says it costs about $7,000 per year in expenses; gas, maintenance, insurance, depreciation.