<prompt> Human: I am 19 years old and going to school with a 40k year job. I make more money than I know what to do with and I have been putting away at least half my paycheck. I would like to do something nice for myself with my money, but Im not sure how to go about it. Im in the first year of my credit cycle, so I dont have any credit, but I would like to treat myself to a nicer car. I can put the 14k from my truck down and easily pay the monthly payments but my question is whether or not any certified pre-owned dealer would even finance to me with proof of income and no credit?  <response>: If youve been putting down at least half your income as savings and make 40k per year, youve got plenty of savings, and if youve got a functional car youre in no rush... Why not just wait until you can buy a car outright and save yourself all of the interest and financing costs? As an aside, if you own a truck worth 14k used, youve already got a perfectly nice vehicle. I know what its like to have a lot more money than your peers when youre young - and 40k seems like a lot of money to you now, but in time youll kick yourself for spending so much on a depreciating asset, rather than investing it sensibly.tl;dr This is personal finance, and an expensive car is one of the biggest money pits youll ever consider: Good option: Just keep the car you have or move across to something more economical and good for the environment! Less good option: Wait until you can afford to buy the car you want outright - then do that. bad option: Unnecessarily get financing at a very high interest rate because you have poor credit, and pay even more than is necessary - which is too much to begin with. 