<prompt> Human: Hey,This would be the first time Im buying a new car and I obviously would like a smaller monthly payment and 72 months obviously sounds nicer... Now my question is... Is it smart to take the smaller monthly payments and try to pay more than my set monthly price? or pay more monthly for a 60 month? I want to pay more some months than others .Additional info:Im looking to get a 2017 Mustang when it comes out and Ive been saving up and will put down a good amount for it. Ive always wanted it. I save about 1.2k a month after all my expenses are paid and some goes into savings401k. My credit score is in the mid 700s. Assistant: Almost all car financing questions about interest rate, term, etc. are natures way of saying you are planning on paying too much for transportation.Why dont you share with us what you are considering buying, and well give your our thoughts on that. Human: Updated OP.Assistant: So, a quick back of the envelope says you will turn 20,000 of your hard-earned after tax money into just a memory before the term of the loan completes.You can do that if you want to, but be sure you want to. Its not a smart financial move, its something to do to fulfill a dream. Human: Sometimes you have to enjoy life while you have it I suppose. I understand its not really smart but Im young and dont have a family, doesnt justify this kind of purchase but yeah.  <response>: hey, I just bought a 2016 GT Premium. I make decent money, save a lot, have no other debt other than a reasonable mortgage. My kids are well provided for. not a great financial decision, but man that car is fast and fun to drive. So here is the voice of frivolity in a sea of reasonableness! Down vote me to hell, mates! 