<prompt> Human: As I said Im a 19 year old who wants to purchase my first car. I live at home and do not have any expenses except for gas and buying food. I currently drive a truck which only gets 10 mpg, and I spend about 160 a month on gas. With a new car Ill be saving around 100 a month on my gas bill. I make about 20 an hour at my part-time job and have a decent amount of money in my debit account. I just recently got a credit card, but I probably have no established credit yet. Overall, Im wondering if I should put around an 8000 down payment on a 21,000 car so my monthly payment is low and hope they give me a decent interest rate, or if I should lease with an option to purchase. Im just afraid with my lack of credit they will give me an obscene interest rate. Any other ideas are welcome.Edit: Im starting to think buying a brand new car is a ridiculous idea. Ill start looking at some used cars I could buy for a lot cheaper. Thank you to everyone who has helped so far, I really appreciate it and you have definitely influenced my decision.Assistant: Barring any other advice, its a poor idea for someone your age and your financial situation to buy a 21k vehicle.Human: I guess this may be one of those situations where just because I can do something doesnt mean I should.  <response>: Kids your age place a far higher value on automobiles than they should.. Automobiles are depreciating assets.. I could add 12 dozen other psychological reasons not to buy a fancy car at your age - but it looks like most people are also convincing you its a bad idea. 