<prompt> Human: Hey guys... another question.I am in a position where I have 2 decent jobs and fairly decent income. When all is said and done I probably exceed 40K a year. Anyway, I never really had a sports car or anything like that. I have an explorer that is probably worth around 1,500-2,000 - that will end up costing me around 1K-3K in repairs a year and which is also a gas guzzler. I also have a down payment I can make of around 4-5,000. That being said, I was looking at a car that is new around 25K. In 3 years, this car will likely be worth around 18K or so. Would it be a smart financial move to purchase this car? Or should I forgo the car payment until absolutely necessary and my current car stops working?Assistant: Dude you just posted two days ago that: The thing is, I owe about 30K in student loans, 3K in a personal loan, and 45K in restitutionAnd you want to add another 25k on top of that?...What?Human: Low monthly payments on everything though. its definitely within budget for me. Im in forebarence on the loan until next spring. I pretty much have this car paid off. I have a monthly payment of 170 for the loan, and pay 100 a month in restitution since there isnt interest. Car payment can easily be around 200.When student loans hit again I should have my loan paid off and the SL are only around 200 a month so Ill pay around 300-350. So if I buy the car within the next few months, Im still only looking at around 600 a month for these set expenses, and I make around 3.5-4K a month.  <response>: Hold up. Payments would be 200 a month? If you put 5k down on a 25k car, youd need an interest rate of 0 AND a term of 96 months to get payments that low. Something doesnt add up here. Do not ever finance a car that long.I know it sucks to hear, but you should not buy it. Not on your current income. Id go for something more like a 10k used car. 