<prompt> Human: I am 30 yr old bachelor guy with net monthly pay of 5,360 i save about 60 of this Have never bought new car before, making do with cheap used plain ones.I have no debt, all paid offCash in bank: 17kLiquid investments: 98k Avg r 7-8Retirement: 42kCurrent car value: 2kThe car cost 38k all in, i have been okayed a 3.7 apr 5 year auto loan.1. What is the best way make this purchase. If i put 25 down and take the loan i will pay 680 per month which is 13 of my monthly income. Should i put a lot more down or liquidate investments and pay full cash. 2. Does it seem like i am buying too much car for my income level. I got feedback from others that its a bit stretch of a buy. I am not a car person by any means but it would be nice to have new car that all mine. Intend to use for 6-8 years or more.  <response>: First let me address some of the things that have come up in this thread already Yes a lot of people will say buy a used Honda or Toyota because most other cars are a purchase of want instead of need. If you want to sacrifice some of your fun money for a cooler car and not more dinner dates or travelling or whatever then go for it. The only issue is when you neglect future you which you seem to have taken care of Insurance costs are a valid concern but for some people its a non-issue while others its a beating. Just make sure youre not in that second category Definitely go back a couple years if you can, 2015 is when it got a bit of a facelift. This can save you anywhere from 5-15k. I bought my last car brand-new and itll be the last time I do so, it just isnt worth it While it is true Dodge is usually a car maker to avoid, they make their muscle cars a bit better than they make, say, their Dart discontinued now lol. Just make sure you look up common issues with the model year you go for. If its brand new then youll get to figure it out firsthand. Make sure you look up recalls too, they are free fixes in US at least 20410 is a good rule of thumb but its ok to stretch if youre saving correctly everywhere elseTo answer some of your questions: Dont liquidate investments on a 3.7 loan, just save cash for a couple more months and put down a bigger down payment 40k is on the expensive range but you can go for it. I would personally keep my vehicle purchases to 30k or less as an enthusiast which can still get me into brand new Challenger RTs, Camaros, Mustangs, brand new hot hatches like the GTI, FocusFiesta ST, Civic SI, less than 10 year old Porsches, Corvettes... etc. 30k can go far Unsolicited advice: Make sure you TEST DRIVE the car. Especially the multiple variants. Try the v6 and entry-level v8s at least Cross-shop with other cars. You heart may be set on the Challenger but its good to at least get perspective. Other cars you may be looking at could be the Charger, Mustang, and Camaro if you want to stay in the muscle car category. If youre in it for the looks check out the WRX STI, FRSBRZGT86 all pretty much the same, 370z... I guess what Im saying is you can buy a lot of cars for 40k so shop around! The Challenger is cool but its very big and heavy which impacts how fun it is to actually drive. Every car has its pros and cons well except for maybe Porsches and Aston Martins : Shop around a bit more on the loan and make sure you check out your local credit union. 3.7 isnt bad but it can be improved if you care to search for it No matter what you do read the owners manual and take care of the car. Theres usually a maintenance schedule you can follow. Save for your upkeep ahead of time and enjoy the car 