<prompt> Human: Hey guys, so Ive recently started working at an entry level job, thats about 41k a year. Im currently about 45k in student loan debt, and my loan payments come up to about 350 a month.The car in particular is used and is 15,000 and Im considering taking out a car loan from the bank. Im paying no rent, and would only be responsible for the insurance. EDIT: Current car Im driving is 20 years old and very rusted out. The car Im looking at to buy is a BMW 2013 328i 60k miles.  <response>: I wouldnt consider a new car an investment. Investments are supposed to make us money. New cars usually lose a ton of value the second they leave the dealers lot. Then theres the intrest on the loan youll need to finance it. Assuming youre not planning on paying cash. I recommend finding something used cheap to enough to buy on your own to avoid a monthly car payment. 