<prompt> Human: I have 30k in student debt. I recently got a new job that I need a car for. I will be making 61k a year before taxes, which where I live comes out to about 3,700 per month after tax. I am currently on an aggressive student loan repayment plan which will have me pay off the total balance in a little under 3 years. Ive calculated all my expenses student loan, food, entertainment, gas, insurance, 401k etc. and I would be able to afford a 500 car payment a month while still saving 400 monthly. This would allow me to pay off both the car and the student loan in 3 years. However, I could easily get a car for 10k or under and pay my student loan off in a much shorter time, maybe a full year quicker. I think it would be cool to have a nice car obviously but I know cars depreciate quickly and are considered a horrible investment. Would it be irresponsible for me to get a nicer, expensive car when I could pay off my students loans quicker and have more for savings?Edit: Thank you for the responses. Most people have confirmed what I suspected which is that its not the best idea to purchase a relatively expensive car like this while in debt. How about leasing? I could get the same car I wanted to buy which would be a 500 month payment to lease for 260 a month. Any thoughts on this?  <response>: Yes very irresponsible. I literally just shook my head reading this, sadly youll probably go and get this car anyway. My advice is if you can afford a Ferrari buy a Mercedes, if you can afford a mercedes buy a Honda..Get where Im going with this?.. Good luck to you. 