<prompt> Human: I graduated May of 2013 with a degree in Business Information Systems and 34k in student loan debt with interest rates ranging from 3.3 to 6.7. I was fortunate to be able to stay at home for a year and a half after college, minimized my expenses and paid off 26.5k of the debt, which leaves my last 7.5k 3.3. After taxes and 401k 6, my monthly take home is 3500. As I recently moved out into an apartment in the city, my monthly expenses are 600 rent have one roommate, 350 car note mothers car, 60 on gas, 50 cell phone bill, 30-40 on electric bill, 25 on internet, 300 on food, 500 student loan payment, 100 on insurance, 200-400 on miscellaneous home goods, travels, clothing, shoes, electronics, books. This leaves me around 1000-1100 left per month. I currently have 8k in my checking, 3k in my emergency fund, 7k in my 401k and 3k in a Roth IRA. I am currently driving a 2004 Honda Civic with 182k miles, which is starting to have major mechanical issues upcoming maintenance 2-3k in total repairsmaint. Due to the costs of repair and overall value of the car around 3-3.5k for private sale I am considering selling the car and purchasing a used 2011 Infiniti G37 Coupe with 30k miles for an OTD price of 25k, putting a down payment of 5k and financing the 20k over 5 years 1.99-2.99. My insurance premiums would increase to 150month and I would spend more money on gas, but this is definitely a passion purchase as I am a huge car enthusiast.Any thoughts on my situation? I feel reasonably comfortable with purchasing a new car at this time, but appreciate any advice to help me make a wiser financial decision.Edit - To clarify, the 350 car note is for my mothers Honda Accord financed at 0.93yrs and has a remaining balance of around 5000 - will be paid off by May 2016. I do not have an open car note for the Honda Civic.  <response>: How long do you have left on your mothers car note? Id want to get that paid off before getting a lease.If you spend 2-3k on repairs, how much longer would you expect the car to last? If the answer is maybe another 100k miles Id probably do the repairs. Those cars hold value pretty well, iirc, so you still might be able to privately sell it for 1-3k. Especially if gas goes back up at some point. And in the time it takes to burn through those miles, youll be able to build up enough cash that you wont feel pressured to sell the car quickly - you can get your new car and hold out for a private buyer willing to pay near your asking price. 