<prompt> Human: I recently sold a car I was making payments on. The 400 monthly payment was well within my budget, but with 10,000 cash budgeted to be on hand after paying off the lien I should be able to buy something basic yet reliable to fit my needs... instead of my wants with the previous car. Id like to build up my emergency savings further, and begin investing for the future.The only debts I have are student loans. I graduated in December of 2008, and began paying these back the following June. Using minimum payments Yes I know, but my income used to be hit or miss Im on track to pay everything off in June of 2019. These are the remaining loan balances with their interest rates.6.80 - 552.276.00 - 1364.935.25 - 1300.834.80 - 2465.394.80 - 1703.254.80 - 794.373.75 - 1286.10Total - 9467.14My monthly payment on these are 218.90 with 50 months left.My questions is, are there any reasons not to borrow say 5,000 for the car at 1.49 interest, and only put 5,000 down cash? The remaining 5,000 could knock out my 6.8, 6. 5.25, and a chunk of my 4.8 loans.For the 1.49 interest rate Id need to have a maximum loan payment time of 36 months, but increasing my monthly payment regardless of using the auto loan to help isnt a problem for my budget.Id love the thoughts and opinions of others on doing this. Since I plan on paying the loans down faster regardless are there any downsides here? Would the interest saved be worthwhile?Also, with the lien I realize I have to carry full coverage insurance, but I would already be doing this.TL;DR - Should I use a 1.49 auto loan rate to use less cash on a vehicle to in turn pay off higher interest student loans?  <response>: Looks like a good, well reasoned plan. Do you have an emergency fund set up already, though? That should come first. 