<prompt> Human: I just bought a 2016 honda civic LX coupe with 34 miles on it. I bought it for 17,000 at a honda dealership. I got 1000 on my trade-in and gave 6,000 as down payment and am financing 10,000. I was offered a bumper to bumper warranty for 7 years for 1250 which adds 20 a month to my payment which I thought might be a good idea. My payment is 206. I plan on paying off this car within a year. Ill be paying the payment plus 1000 every month comfortably. Did I over pay or mess up on this deal. I am currently driving a beat up 2003 ford explorer which is horrible on gas and has the check engine light on and windows are starting to not work. Im 22 and make between 75k-85k but am scared as hell to get into debt. I wanted a new car because I test drove and looked at so many cars over the weekend and just didnt really like anything and didnt feel comfortable paying a few thousand less for a used car than i would for a new one. So I decided to get the civic which gets 30mpg and is known to be reliable. I plan on using it till the wheels fall off honestly. Let me know if I did a big mistake  <response>: You did fine. Extended warranty is always dubious , but gives peace of mind, so meh. Like you said, pay it off in a year, drive it till the wheels fall off. Money well spent. 