<prompt> Human: I have a 1968 mustang that Ive put about 5k in to restore. Its in great shape and I think I could get a good price for it. Im 23 years old. I have about 20k in student loans that I absolutely hate. I make about 80kyr Im desperately trying to get out of my parents house so I dont have to drive 3 hoursday for work and get my life started. I think the car could cover the loans and in a few months Ill have enough for a 20 down payment on a modest house closer to work. I dont want to buy a home while I have these 7 loans. Buying now seems better than renting in my area because home prices are down and interest rates are low and I will have equity rather than flushing rent payments. I will eventually have to leave home but I dont know if I will have anywhere to store the car.  <response>: 80K at 23 I would recommend renting - you are in a high paying job in a competitive field. You may be getting better job offers in the future. I wouldnt bother buying a house.Renting is not flushing money down the drain - you are paying for convenience, flexibility and not having to deal with maintenance.Sell the car and pay off the loans. 