<prompt> Human: So my parents are giving me 5000 for my first car which I am very thankful for. I was thinking if I should use the 5000 to buy a car cash or use it as a downpayment when I get my first job. Which would be the better option? Of course I would not even think of a down payment until I get a job.  <response>: You dont have a job, so dont even consider using the cash as any kind of down payment.What about insurance, tags, and other fees? Do you have money to pay for these? If not, then I would get a vehicle for less than 5k and use the additional funds for the auxillary costs of having a vehicle. 