<prompt> Human: Hey all! Looking for some guidance. I know conventional wisdom is to leave your 401k alone however Im in need of a new vehicle. I currently have 3000 in a savings account and 1000 in my checking. I have 22,000 saved in my 401k. Take home pay is 2000 monthly. My current debt situation is this. I owe 3500 in Student loans and 1500 on a bank loan which I used to pay off all my credit card debt. My current vehicle is in need of some pricey repairs which exceed the value of the vehicle itself. After all my monthly bills are paid and my groceries are bought I have around 700 left over for additional savings and entertainment. Is it worth it to take the loan through my 401k and pay myself back with interest or is it better for me to get a traditional auto loan through a credit union or local bank? Also with these numbers in mind is a 20000 dollar vehicle to much of a financial burden for me to bear?Any advice is appreciated and if more info is needed Id be happy to include it. Edit: Thanks for everyones insight. I think the right thing for me is to accept the fact that Ill be driving a beater for a while until my finances get better. Paying off my debts and buffing up my emergency fund is my top priority now. All of your comments have been very helpful and I appreciate them.  <response>: You need to buy a vehicle for less than 5,000Getting an auto loan for a vehicle worth 20,000 is the worst financial decision you can make 