<prompt> Human: So here is the story. I do not have a car and I occassionally use my gfs car to go to places like once or twice a month. That car is a leased car and is under her name. She pays for its monthly lease gas 100 and uses it everyday. I take public transportation most of the time. Other than that, I usually bike or take taxilyftuber.A little bit about me and car... I hate the car buying experience. I hate doing research and negotiating on price. I leased a car a few months after graduating college and I felt like it was the worst decision of my life. I paid 700-750month gas insurance insurance included for a car that I used mostly on weekends. That lease ended earlier this year and it is one of better things that has happened this year. I feel like I am somewhat traumatized with the car buyingowning experience. My gfs lease will end next year and both of us will then be without a car. This situation will make a lot of things inconvenient for us especially if we want to go out with friends or go somewhere where taking public transportation becomes impractical. We have decided that itd be better for one of us to have a car. She has been nagging me that it is now my turn to pay for the car.Right now, I am thinking of getting a new car that is less than 23k navigation and rearview display are musts for me. I am thinking new because, I hate having to do the research on the car and inspecting all the dings, dents, and whatnot. This time around, I am thnking of buying it rather than leasing it. I see some special financing out there that offers very low APR for 5 years. If it matters. I make 140-160k per year and my current net worth is 120k.So here are some of my questions:- What would you guys do in this situation? - Car is a depreciating asset... should I lease instead?- Is this a wise decision?- What financing term should I go for? In my opinion low apr with longer terms allows me to invest my and make more return.- Should I put down payment? What are the pros and cons?- Should I aim for something cheaper?  <response>: What would you guys do in this situation? Buy something used and spend 100 to add a backup camera and mount for my phone to use for navigation. Car is a depreciating asset... should I lease instead? No. Is this a wise decision? You could do worse. However, you are unnecessarily restricting your options by requiring that it be new which also requires that you have particular factory installed options that arent cheap. What financing term should I go for? In my opinion low apr with longer terms allows me to invest my and make more return. If 3 interest as long as possible, if 4 as short as you can manage. Should I put down payment? What are the pros and cons? Yes. At least 20. You dont want to be underwater or need to pay for gap insurance. Should I aim for something cheaper? For just you absolutely. If its for both of you whatever you can afford it or more. Or just go carless and use taxisuberslyftzip cars if you dont need to get around much. 