<prompt> Human: 23 years old, employed full time as an engineering consultant in the Washington, DC area. Salary: 60,000yearRentUtilsParking: 1,100 I share a 2bd2ba, this area aint cheap and I have standardsStudent debt: 28,000 the majority of it is being taken care of by savings and bonds which started when I was bornI put 6 of my salary into a Roth 401k, which is just enough to take full advantage of my companys matching. After tax and retirement savings, my average take-home is about 3,100 per month. Currently saved 10,500 in cash over 8 months of employment. No stock options since Im still technically in debt and have no idea where to begin on those. I consider myself a gearhead and have been driving the 2003 Volkswagen my dad transferred to me after I began working. While its reliable and suits my needs, its not exactly an exciting car. I pay 125 on insurance per month, in addition to about 70year on property tax. Recently have been shopping around for a new car, now that Im taking in money and spending far less than I earn. Very strongly considering the new Ford Fiesta ST. This car, optioned as I would like, has an MSRP of around 24,000. Not a major selling point for me, but it is a bit better on gas than my current car. Considering that I could get between 2-3,000 for the Volkswagen selling privately, monthly payments on the Fiesta ST would be about 300 for the time frame Id like. So, rpf, your wisdom or advice? Can I? Should I? Talk me intoout of it. Assistant: pay off your existing debt.do not take on ANY new debt - namely credit cards.Save up at least 6 months worth of monthly expenses in a savings account.Young people movetravel more often than older folks with kidsfamily.Consider getting a mid-sized used pickup truck, but buy it for cash - no new debt.Face it. You are crazy lucky to even have a solid car and a good job.Dont be stupid and go into debt in order to feel special.Human: Im the type who takes pride in my vehicle and sees driving as an experience meant to be enjoyed. A pickup would be difficult to drive around in and would also bore me.  <response>: Its a pretty common feeling dude, the majority of people, Take pride in their vehicle thats why you see a lot of Lexus and BMWs at shitty low income housing. 