<prompt> Human: So I am interested in buying a 35k car, i am 20 years old. I plan to buy a new car because my current one is constantly having issues, and I want to have an extremely reliable car for the future. But while Im already going to likely spend 25k for a new car, why not buy the car of my dreams? My question is, can this be made a reality at little cost to my future... or is it a bad decision that I will regret? How much do I want this car? Pretty bad.My backgroundsituation: I am 20 years old, going to community college, about to head into my last quarter for my Business DTA. During the fall of 2016, I plan to transfer to University of Washington Tacoma to earn my Bachelors in Business, commuting 30 minutes every day, while living at home. I currently live at home with no bills to pay for besides a 30 monthly gym membership, and I plan to live at home for another 3 years or so before moving away to my own place. I currently work at Target making 12 hour, getting as many hours as I wish, as they are very flexible with my schedule and how many hours I desire to work. My plan is to work 20 hours a week so I can go to school full time and be able to focus, grossing a monthly income of about 800. Of course that will fluctuate, as when I have my breaks from school it will allow me to work 30-35 hours and earn more money during those times. During these times, I plan to pour that large amount of extra money into my savingsemergency fund ill get to that in a second. Getting a car at 35k, my mom would be getting loan through her bank, while financing for 72 months. I plan to place 10k down on the car, which will total the payments at 400 monthly for 72 months. She is willing to pay half of the bill, which leaves me to pay 200 per month for 72 months. My dad has also said that he can continue to cover the insurance as well. My gas bill will total about 100 per month, leaving me about 500 left over for the month, or 250 each 2 weeks the time i get paid. With that extra money there, I will probably need to spend some of it for food and miscellaneous things, while the rest goes toward savings, and what will probably be my emergency fund, in case anything happens and I lose my job, or I am unable to work enough hours to pay 200 per month. This emergency fundsavings will be a cushion so i can insure that I will always be able to pay for the car. My thought process is that, isnt this the ideal time to start paying for the car? I have no bills to pay for and my parents are offering to help me. If I wait until later, even if I get an actual career, wont it be even harder to buy one? As Ill have actual bills to worry about, until I am able to steadily save up enough money which wont be for another 5 or 6 years even. Sorry for the long wall of text. But based on this information, what advice can you guys give? Is this a horrible idea or is this doable. I really do want that car, if I need to make a little sacrifice then it is fine by me. Feel free to be honest and if my thought process is completely wrong, dont be afraid to say so. ps: i wanting to buy a 2016 Subaru WRXTLDR; I live at home, with no bills. I need a new car. I want my dream car which is a little more. I will make 800 per month on average. My parents will pay half the car bill and insurance. I have to pay 200 per month for 72 months.  <response>: I was in your exact position a year ago. Was in 2nd year of my undergrad, worked retail pt for 14hour and did 20-25 hours weekly. Had no debt, only a phone bill and Netflix. I only financed a 16,000 car when I was already given a 4k worth car that probably had at least 5 solid years of life left. Although in your situation you have your mom to pay half and youre getting a car more than twice what I got, our payments are probably the same as I pay for insurance and whatnot on top. If you were to ask me, making about the same amount of money, making the same commute to school, and paying the same amount monthly as you would, I regret getting that new car. School got harder. I needed to spend way more time at school. I worked in retail, shit happened and what seemed to be a cushy and stable job turned into a mess. I miss knowing what it feels like to know that I could drop work at any time and focus on school full time without worry. A new car feels amazing at first, then life goes back to normal and youre stuck paying bills for the next 5 years digging yourself out of it. Go with what everyone else says, buy a cheap and reliable car and get over wanting the nicer car. It becomes old really fast anyway. 