<prompt> Human: Hello experts of personal finance, Im here seeking some advice obviously. Im currently deployed and I just received a bonus of 30,000. I want to get myself a nice car when I get home without blowing most of that money. Now, I already have one car that my fiancé is driving. I currently owe about 10k on it. The car itself is only worth about 5k. I want another car for myself so we dont have to go through the struggles of sharing a vehicle. But Im stuck between either leasing, financing or paying cash for another vehicle. I want something nice and reliable without breaking the bank. What would you do?  <response>: Finance a brand-new Mustang GT or Camaro SS at a rate no less than 30 APR. They dont call it the straight outta basic starter kit for nothing!In all seriousness, 5000 underwater on a 10,000 loan sounds like you bought that car at a time when you could barely afford it, either because of bad credit or a low down payment. Cut your losses and pay it off, then spend the remainder buying your next car in cash.With 20k in your pocket, you can definitely buy something reliable brand new, or something fun just a couple years old. You tend to get really shitty rates when you finance smaller amounts, so if you end up deciding you want to stretch your budget to 25k which, coincidentally is the going rate around here for a late-model base Mustang GT that was probably owned by an enlisted soldier who couldnt afford it, youre often better off borrowing 15k instead of 5k and then immediately paying the other 10k against the principal. Just make sure theres no prepayment penalty in your loan its rare for auto loans. 