<prompt> Human: Hello Reddit! Im a big car aficionado so I thought maybe I could burn some cash on some really good car!! I dont have a long driving history so most probably my insurance cost is going to be high. But I live in Orlando where the rent and other costs are cheap compared to other places. Is it a viable option?. Also my credit score is 700ish. Edit: Okay everyone confirmed my suspicions, buying a 40k car is a stupid idea. Thanks  <response>: Can you technically? Yea probably. Should you? No.Make sure you recognize that a payment like that is going to be about as much as your housing. If youre okay with that, then fine. My advice is to finance cars, but not to buy them until you have enough cash on hand that you COULD buy your way out of it if youre ever in need to. 