<prompt> Human: Basically, I want to buy a nice new car for the first time in my life, but I see so many posts on here telling people to buy only what they can pay cash for. I want to know why, and if I would be making a huge mistake. I make between 80k and 110kyear, depending on how good a year I have. Im in lab equipmentmedical sales; and manage a very stable territory. I have a 401k and a 2,500 emergency fund that I do not touch. Now for expenses: My mortgage is 1256.00month live in the Southeast US, and other bills and expenses bring me to around 1900-2100 total out of pocket every month. I am single with no family anywhere in sight. Paying bills is never an issue, and I always have significant money left at the end of each month. However, its hard to nail down an exact amount because my business is somewhat seasonal because of university accounts that I cover.Now heres where I get killed on here: I just want a nice new car, period. I drive a lot for my job, so I want an onboard nav system, leather seats, etc. Just a semi-high end driving experience I know that I could get a Corolla and add a TomTom for 300; I dont need to be told this. The vehicle Im looking at will come in around 35k. I plan to put somewhere around 20k down on it, and then get financing for the rest through my local credit union. I grew up in somewhat humble beginnings and although I never wanted for anything, I never had the nicest or the newest of anything. I feel like Im finally at a place in life where I can afford to get exactly what I want for a change, but Im torn mostly from anti-new car posts on here. Ive just thought and thought about it and I simply want something brand new and semi-high end. Theres really nothing more to it than that.Would I be making a terrible mistake that I will regret for years to come, or does it sound to more experienced folks on here like Im in a position to comfortably make this decision if I choose?EDIT: I forgot to add that my employer provides me with a 400month car allowance to spend as I choose, in lieu of a company vehicle.SECOND EDIT: Im getting killed for the 2,500 emergency fund thing. I have around 16k in savings total, and should be at 20k by years end. I depleted my savings earlier this year when I bought my home. I meant to say that I will keep 2,500 out of that for emergencies and planned on putting the rest into a down payment along with my trade-in. I can get the savings built back up to 10k in probably 6 months after the purchase, if not sooner.  <response>: Financing a car in your situation, especially given the car allowance, seems not terrible. I would put at least enough down to cover the first years depreciation. Make sure you dont end up underwater on the car loan, so if something did happen to your job, you could get rid of the car and its payment.The only red flag here for me is you say you only have 2500 in your emergency fund. If you spend about 2000month and how will the car paymentinsurance add to that? I would have at least 6k for an emergency fund, and preferably more like 10-12k. 