<prompt> Human: Background - 24, making 70k per year, 780 credit score, 15 5 match into Roth 401k, well funded emergency fundIm strongly considering a brand new off the lot Chevy Volt as my next car. I know the arguments for and against new cars, primarily depreciation, and for me I tend to keep cars for a long time. Id be replacing an unreliable German sedan that Ive had since 2011, and have put nearly 100k miles on. Its worth maybe 2500 - 3000 and is generally a POS inside and out. I still live at home, and commute via public transitwork from home so while I dont really need a new car, it would be shared among family members who have a much longer commute than I do and drive similarly oldinefficient vehicles.Now, the Volt is not exactly my first choice as a young male but Im pragmatic and for that reason its an appealing choice one for a number of reasons 50 miles electric range, 350miles with the gasoline engine, hatchback so its relatively practical, can use the HOV lane with a single occupant. The model I want is the lower end model with a few options, so it would be around 36k without dealer incentives. The reason Im even looking new and not CPO is because of various credits, the Federal tax credit, StateLocal credits add up to 9000 back in my pocket at the end of the day, which makes a brand new car about the same prices as a CPO model, or anything in my local Craigslist. What do you guys think?  <response>: A 30k car sounds like expensive rent to live at home since theyre the ones that would be primarily driving it. Could get into a weird situation if it is insured in your name, but they drive it the majority of the time and they get in an accident. 