<prompt> Human: Basically title. Graduated and am in my first job. I currently drive a beater than could disintegrate any second, and I really would like to buy a new car. It doesnt have to be fancy, but something more reliable would be nice. I know most of the people on here recommend never buying a new car unless youre old one is finished, but I feel like I can afford this.Thanks!Assistant: Neither. Read the sidebar. You probably want a big chunk of that 15k to be your emergency fund. Then you can save up for a new car by setting money aside every month.Human: Shouldve phrased better. New car means new to me, used is fine. I know I need an emergency fund, but I truly dont know how much longer my car will last.Assistant: Thats what I meant as well. Ifwhen your car does fail, then you can use some of your emergency fund to fix it or buy a newused one. In the meantime, I would keep saving until you can buy something outright without using your emergency fund ideally.Human: That sounds fine I guess, but could I possibly just finance a car instead? I can afford it quite easily.  <response>: Of course you could, but you came to a forum asking for financial advice. Financially, it would be wiser to continue saving until you can afford to buy a car outright. However, that doesnt mean that there arent other non-financial factors to take into consideration, but I cant advise you there - only you can decide how to weight those. I can tell you that it wouldnt be catastrophic or anything to finance a car - it just wouldnt be the most financially-sound decision you could make. 