<prompt> Human: First and foremost, Im a car guy. I love driving cars so its a little more important for me than just getting a car to go from point A to B but Im also not going to dump half my income on a car. Ill be finishing undergrad school in a few months and have a job lined up with a starting salary of 65k. Ill be graduating debt free with probably 10k in the bank. Im a little torn on what kind of car to buy. The car I really want is a few years old and around 20k. Im not sure if its wise probably not to buy that car straight away. It seems like a waste to buy a cheaper 5k-10k car and wait a year or two, might as well spend that money on the 20k, right? I also dont want to get stuck in a 250-300month lease for 3 years where I have nothing of value at the end. I think I could put down maybe 5000 and pay the other 15000 off in 3 or 4 years. Assistant: It really depends on what youre buying for 20k. A 10k car that is 2 years old with 15,000 miles on it will be a better choice than a 20k car that is 2 years old and has 60,000 miles on it. You also need to be taking insurance into account if youre young; thats yet another good reason to have a cheaper beater car when youre in the higher risk pool for insurance.Human: Im looking for a late 2000s Porsche Boxster ranging from 15000 to 20,000 most of them have mileage around the 80,000s. Those are all probably some huge red flags. Yes its got high mileage, yes insurance is going to be super high how much do you think it would be btw, and yes maintenance is going to be expensive. Assistant: You already know this sub is going to berate you for such a frivolous purchase. I have no idea about your insurance; I know that around that age in a low cost insurance state, I was paying 110month on a 3 year old basic sedan with a 100 clean driving history. A luxury car being driven by a high risk individual no idea of your driving history or where you live could be hundreds more per month. Thats actually low mileage for the year but I think you severely underestimate how expensive a luxury car is to maintain, especially one with higher miles on. You need to be saving money, setting yourself a budget, and getting your life started - not sinking money into an expensive, depreciating, unnecessary luxury. But thats just my opinion.Human: This is my first time on the sub, but I had a feeling. I feel like Ive run the numbers pretty well and on around 4000m after getting the full match on 401k and spending around 1300m on a nice apartment, I should be able to afford it. What would you do instead? Just buy a cheap used car?Assistant: I should be able to afford it.How much are you budgeting to keep this on the road? A 10 year old, 80k mile Porsche isnt exactly the cheapest vehicle to operate even if it is just a Boxter.Human: Between insurance, gas, and putting money aside for repairs. Like 600 bucks. Pay 350month on the car so around 1000m all together i guess. Im counting on 4 years down the line when I have no car payment and my insurance goes down and Id be making more money.Assistant: 1000month is 25 of your take home... thats pretty high for transportation. I take that back. Thats ludicrously high. Human: I guess it just doesnt seem that high to me. Im probably wrong. But if I spend 2300m on rent and car that leaves me with 1700m. Between utilites, insurances work should cover most, Im not sure yet, and food I feel like I would still have some money leftover.  <response>: Nobody can stop you. But I can damn near promise you that youll feel poor and regret spending 1000mo on a car with your salary.Heed the advice in this thread. 