<prompt> Human: Over the last 8 or so months Ive saved around 12k dollars. My total savings is around 20k now, which is a few thousand over my 6 month goal for emergency savings. I drive a 1997 civic that leaks water in the rain and is super ugly, but otherwise does the job. I dont drive much since I walk to work. My dream car is a 40k Jeep Wrangler that Id use, fully admitting, as mostly a toy to explore and recreationally off-road with. I dont plan to have children and am not planning on buying a house in the next five years. My job is stable and my profession is decently in demand web developer. I go to school full time and have 2 more years till Im done. I have about 30k in student loans. I currently have about 2,500 in monthly expenses, sometimes I spend 3,000 if Im frivolous with Amazon purchases. My take home is around 4,000. I can afford the roughly 750-800mo car note, insurance, gas, maint., but Ive never had a car payment before and the only other expense Ive ever had near this would be rent about 1,350. I would be very happy to have this vehicle and feel it would bring me joy and entertainment, so Im just wondering what I might be missing that would turn this from an admittedly stupid but doable idea into a life changing regret. If there was a serious change in my life Id plan to sell the car and take the value loss.  <response>: Its a toy. Dont buy a toy with debt. Save up for it and then buy it. Once you have the money saved up and are 100 ok spending it, get a low interest rate loan if you want. But the point if dont buy it until youre fine paying cash for it.Buy a newer used car in the meantime if you want something that doesnt leak.Would you recommend someone take out a 5k loan to go on a vacation? This is no different. 