<prompt> Human: Hey everyone. I am 20 years old, currently on break from school and will be returning in September.Background information for context.3,000 in savings. 600 a month after I take into account all expenses.May - August I will earn 10,000 working my usual summer job and then return to around 400 take home in September.My question is. Is it realistic to expect to be able to go out and buy a brand new baseline car for around 15,000 - 20,000? Currently my parents are paying for my car insurance as I am simply an occasional driver, but I would not want to be a dick and ask them to pay for my actual insurance if I got myself a car. But I also dont know how much that insurance would be monthly Maybe 200?. I have a clean driving record and got my licence as soon as I turned 16, and have had my G since I was able to get it. What sort of options would I have for a down payment and monthly payments if I chose to pay for it over, 5 years for example?I truly appreciate ANY and all input. Thanks. Edit. I guess it is important to state I live in Ontario, Canada. Assistant: Cars are a terrible investment. Id drive your car till it simply cannot be driven anymore and costs more to repair than its worth. Obviously 20 year olds want some flash car to show off to their friends girls but honestly with the cost of everything now days its not worth buying a car when you only have 3,000 in your savings. Human: Hes planning to earn 10k in the summer. But still, buying an expensive car would be a waste of money, even if he has the money.Assistant: Is a 15k car considered expensive? Thats really low end for a new 201617 vehicle in Ontario as far as im aware. On the mazda.ca website for example, the cheapest 2017 mazda 3 starts at 15,900. Human: Generally, you can buy a very decent secondhand car for 8k to 10k. Those cars are probably 3-4 years old and will last for a long time. If you buy new, you lose 10k of value in the first year, or in the first two years. You actually lose the most value on the first day that you have your new car, because on that day it becomes secondhand. So why not let somebody else lose that money and buy the 8k-10k car instead? Is it about having a new car or is it about reliably meeting your transport needs?Assistant: Ive always had a huge problem with buying second hand anything. I am pretty clean and like to keep to my own business so as soon as something is second hand A million things are running through my head and I cant shake the feeling that something is gonna be wrong with it or break because of something the previous person did. And just the general idea that if it is new, it should cause less trouble.If I could go to a legit dealer, and buy a car thats only a few years old and has very low mileage for a few grand less, that is definitely something I will consider.Edit. Do most dealers carry cars a few years older as well? Or is that really an option better suited to a used car only dealer?  <response>: You need to get over this. Learning to buy only new cars is a habit that is almost guaranteed to keep you working your entire life. Its incredibly expensive, and there is very little you get in return. 15,000 seems cheap to you for a new car because the car companies have done a masterful job at selling everyone on new cars at only this low monthly payment. Dont do what everyone else does. Buy a car you can afford for cash. Its a life lesson worth learning early.FYI, studies have shown that a large majority of wealthy people spend less than 1 of their net worth on their vehicles. Most of them spend well under that. That means with a net worth of 2mil they would buy something for about 20,000. You might ask yourself who is buying all those expensive vehicles in that case? Most people earn decent incomes but have little actual wealth. New cars are a big reason why this is so. 