<prompt> Human: Hello All,In a few months time, I 21M single will have to buy a car. Currently drive a 2009 Corolla that my parents let me use which they also pay the insurance for. At the latest, I will be buying a car May 2017 and will have anywhere between 8-10k saved for a down payment. If everything goes well in my situation, then early next year Feb-May, I will be in my career earning 60kyear with guaranteed increases for the next few years. Currently, make a minimum of 800month and save more than half of it into a savings and Roth IRA. I try to live below my means with the occasional going out to bars etc.So, this brings me to the title question:If you buy a new car and plan on keeping it until it dies, is it a bad buy still?As much as I enjoy the current corolla I drive, I absolutely love the new 2016 Honda Civics, especially the coupe. I like the sporty look, fuel economy, and that historically much like Corollas, Hondas are reliable. I have a good credit score 750 with very little debt. If I do go with a new car, Im budgeting for a cost of 22k OTD cost and through Costco Auto, I think I will be able to swing that price without haggling. The loan I am trying to get would get would be 3 year loan at max 5 interest rate. Some goals I want to achieve is that I would like to own a home by my 30s and to continue adding to my Retirement Fund 2060 at Vanguard for my Roth IRA.Thoughts?  <response>: This forum will almost always says the smart thing to do financially is to buy used which is true. However, you only live once, and if it will make you happy to buy new I would say go for it.My anecdote - when I got my first real job after I signed the contract I went out and bought a new Acura and traded in my 15 year-old beater. I got pre-approved financing but ended up using Honda financing because the interest was slightly better. 3 year loan - I ended up paying a little over 1000 in interest charges total. 9 years later Im still very happy with my decision and hope to keep it for at least another few years waiting for a model 3...maybeFinancially I understand it probably would have been better if I bought gently used - but I have absolutely no regrets. 