<prompt> Human: So I make around 30k and I am planning on buying a car for 28k. I live a very frugal life and dont really spend money unless I need to. I already have 7k saved up that I would be putting down. I dont have a lot of living expenses. Maybe roughly 350. Im comfortable with paying 370 a month for the car and still being able to save at least 200 into my savings. I know people in my income bracket shouldnt be buying a cars much cheaper than this. I just want to know how crazy would this purchase be?  <response>: How do you live on 350mo? Rent, food, cell phone, utilities, health insurance, dental insurance, etc. If youre being supported by another person - like your parents - this is a terrible idea imo. Focus on becoming independent before buying an expensive toy. Do you have an emergency fund? If not, that 7K should become your emergency fund. Do you have any debts? Buying a car thats as much as your annual income is generally a bad idea especially a car that will come with some hefty insurance premiums, but you didnt give enough info to say how bad of an idea it is. 