<prompt> Human: I plan on spending 10000 on a new car around the summer time. Im saving up the other 7000 needed to buy the car and plan on taking out the loan for the rest. Im 20 years old and earn about 300 a week on average maybe more.  <response>: get a 7000 car instead once youve saved up for it. or better yet, buy a 5000 one and keep 2000 for possible repairsmaintenance. dont start your adult life with taking debt, it will only get worse from there 