<prompt> Human: Why are new cars always mentioned as terrible purchases? Are there any situations when a new car can be a good purchase?Thanks.Edit:So far, thank you all very much for your input.As a follow up question, what would be an appropriate yearly average amount to spend on a car? Obviously, this is different for every person considering their budget.I guess what I am really asking is the following: approximately how much have you spent on your car, annualized? everything: cost of car, maintenance, tires etc.It seems a lot of the comments are pointing towards this as the deciding factor.My current used car is on its deathbed... it has cost me about 2500 or so per year Ive had it 2years -- bought for 4000, needed tires this year and just other odds and ends and maintenance was probably about 1k, but I think it is getting close to needing some major transmission work... I dont even know how much that will cost, but I dont think it will be worth fixing it. I think when I sell it I will get 500 to 1k. so 2000-2250 annualized with selling valuetl;dr: 2500 annualized for old used car owned it 2 years2000-2250 per year if including value left in the car to sell it.Assistant: Sorry, I should have included more info. Considering this deal: 0 interest on a new car. Toyota CamryI have a 1 year old -- the hope is this car will be hers when she is 16ish.Included in the price which is a good price on the car is a lifetime warranty on the transmission, the engine, and the axels. This doesnt include minor repairs or maintenance, anything rubber or plastic... this covers the failure of the parts. Essentially, I will drive this car as long as possible.I have looked at used cars, and they seem to be expensice for what you can get right now...  <response>: Under these circumstances there is nothing wrong with buying new, as long as you can afford it without it being a major hit on your budget. 