<prompt> Human: I need a car because my lease is expiring in June. Im looking at a 2008 Lexus ES 350 with 107k miles, for 11k. Ive been approved for a 12k loan through my credit union at a 1.5 interest rate on a 48 month term Id aim to pay it off between 24 and 36 months. I want to put 3000 down on the car. Insurance will probably cost me 180mo for my first 6 months because Ive never owned a car or had insurance in my own name and Im a mid-20s unmarried male.Im interested in the Lexus because of its reliability and the fact that its a nice car. I dont want to ride around in a beater, although I dont exactly need a luxury car. I want something that I feel confident riding around in, that I enjoy, and the way I justify this to myself is that if the car is nice enough I wont get the itch to buy a nicer car for at least 4-5 years - getting the most out of the car. My financial situation is OK, but in flux. I have recently received a job offer that increases my COL adjusted take-home pay by 35 and Id be getting a 13k sign-on bonus as well, which I plan on socking away in an emergency fund. Gross Annual Income: 60kNet Monthly Income: 3770Monthly Side Income from Web Design: 150Current Bank Account Balance: 5700 before the down payment on the carStudent Loan Balance: 23840 at an average rate of 4-5. I pay 315 a month on theseRentUtilities: 1000Credit Card: I use this for subscription services only so my monthly balance is always under 200.GroceriesDining OutDrinks: This fluctuates and I dont stick to a budget, but I forecast about 1000 a month on these. I could definitely be a lot more frugal here if I tried. Question is, what should I do? I really like the car and I need to make a decision soon. I am daunted by taking on such a large debt but I am also really uninspired by economy cars like corollas, civics, etc. I feel so torn, like on the one hand Id like a nice car and on the other I dont need it and its a huge expense. Please let me know if there are any questions you have. This is the biggest financial decision Ive made yet and I want to make a decision that Im happy with. Thank you in advance.  <response>: Thats a lot of money for a 10 year old car.Youll still be making payments on a 14 year old car.Gas mileage on that car isnt that great. 