<prompt> Human: I just finished university and got a good job paying 45,000 annually, I have zero student debt and still live at home so my only expenses right now are gas 200mo driving my parents car for the time being and phone bill 70. Im worried about the financial burden that financing a car for 4-5 years with monthly payments around 450 will have on me and how it depreciates in value like crazy as soon as you drive it away from the dealership. But I also feel negative towards buying a used car by not fully knowing its history and worry about maintenance issues, what do you guys think would be the best option for me?  <response>: You seem to have already made up your mind on this...I did the same thing right after college. Just to give you a heads up of what the next5 years down the line may bring on ya. House payment, car payment, car insurance, thankfully no credit card payments...but I was in the hole for YEARS, life insurance payments, IRA accounts, water bill, gas bill, cable bill, power bill, cell phone, gym membership, groceries god I hate grocery shopping savings contributions, emergency fund savings, saving for an engagement ring, saving for the future wedding, vacation fund, home repair and remodel fund, dinner out with the SO once a week, and so on. Good luck. 