<prompt> Human: Hey rpersonalfinance,Like the title says, I am a recent grad who is looking to get a new car. Currently I have a 2005 Mazda 6 with 59k miles which is worth 6,900 according to KBB. I have a salary of 60k with an average of 1,500 in savings per month after rent, utilities, gas, food, and 10 of my check going to a 401K with a 30 company match. The only debt I have is 33k in student loans that will begin in two months. The cost of that will be about 160month. The car I am looking at is a 2014 Ford Mustang GT. I am able to get x-plan pricing which makes the cost after incentives come out to 26k. I would apply the 6,900 for the Mazda to that and pay another 5-6k from savings and finance the rest. I need to get a hard quote on what the insurance increase would be but my estimate is that it will go up about 30 a month by doing a online quote request. As far as life events, I do not foresee any events coming up that would incur additional costs. My SO is planning on moving in soon but if anything that would bring costs down cause she already stresses she wants to pay for her portion of the rentutilitiesfood.What is the reason I want to buy a car? I wanted to get a more sporty car as a gift to myself for finishing school at a top rated engineering college with a decent GPA. I know buying a new car will not get any kind of ROI and I am prepared to accept that. Just want to get something that I will enjoy driving day to day, unlike my current car. Also just to note, this will be a car I will drive for at least 4 years.Thoughts or comments? Any feedback would be greatly appreciated.Thanks!  <response>: Do you have a question? Because heres the feedback youre going to get.Buying a fancy sports car on credit when you have a car with literally nothing wrong with it and outstanding debt is like grabbing a big pile of your savings and lighting it on fire, then rolling up the ashes and smoking them. This is a terrible idea. If youre saving 1500month you could knock out those loans in two years. Plus, then youd be able to buy a 2016 Mustang! 