<prompt> Human: I want to buy a new 2018 Honda Civic LX sedan on Memorial Day weekendish for an estimated Out-the-Door price of 20100, but 16400 with a down payment. edited typoIm Active Duty in the Air Force as an E-3. Make 23,100 a year before taxes. I have 17,662 in four federal student loans with APRs ranging from 4.41 to 3.51. 6620 4.41 7507 4.04 2572 3.51 963 3.51Im paying just above the minimum at 220 a month using the Snowball method. The avalanche method only saves me 100, and doesnt change payment length.My assests are: 1000 in an emergency savings 1000 in a 2 yr CD For a Secured CC that I pay in full every month edited Another 3600 in savings Im planning on using 2500 as a down payment for the car. 251month 13 into the Roth TSP Im planning on lowering to 10, but with a new 5 match, Itll still be a 2 increase edited 175month 9 into a Trad IRA w Vanguard 100month in a savings accountIm estimating the total monthly ownership of this car to be 460 a month 290 car loan payment at 1.9 for 60 months parents will cosign, so Ill be able to get HFS 1.9 60 months 97 Insurance Already have a policy with Gieco for 100300100 and uninsured matching w 500 deductible both compressive and collision plus others pretty good price for a 23M 70 Gas I only see my self driving to the city on some weekends. Everything else is close by, and its a Civic. 5 MaintenanceRepair Its a brand new Civic.Ive done a budget, and with the total monthly cost of ownership, Ill still have 280 to myself after all the bills have been paid for eating outfunshopping etc...In addition to my 2500, my parents will also put down 1500. And being military, HFS will take off another 500. In addition to my parents cosigning, my mom is friends with one of the sales person at out local Honda dealer. Also I found another Honda dealer in the same city selling their LX Civics at 17000. Ill just show them that and tell the to match that dealer.It being my first car, Im planning on keeping it for a while, so Im not too worried about have negative equity on it. My only reservation is that Ill be doubling my debtI honestly believe that I can afford to purchase a new car, but please tell me your honest opinions.  <response>: No way, dont do it. Go find a cheap used car. Pay off debt, then save up to buy a new civic. Dont buy a new car yet. Make it your SrA or SSgt gift to yourself. 