<prompt> Human: Note: Im not buying shit. I have a paid off reliable old Toyota suv. Two of em actually. So anytime someone asks on here can I afford this Camaro mustang corvette wrx bmw Audi whatever shiny new car, 99 of the time everyone says no buy something cheaper. Yet you see these cars every day. Are the people driving these nice cars all earning 150k or in debt up to their eyeballs?I earn about 5k a month after taxes and would like to drive a nice vehicle like most people, but the financial aspect of it kills me. A new 30k car for example would be worth 15k in 3-4 years. My old Toyota was 10k and will be worth 10k in 3-4 years. How do people stomach this depreciation? Am I just poor?  <response>: Personally I purchased a 40k new truck. I took out a loan and recently paid it off. I take home 4kmo. I justified it because Im single and want nice things. I could afford to pay it off in a reasonable amount of time 5 year loan paid off in 4 years and I plan to drive it another 5 years 100k miles. The longer you keep a vehicle, the less the initial depreciation hurts. It is the people who buy new every other year who are insane. 