<prompt> Human: So Im starting college soon and Ill need my first car to get there, Ive decided on a Volkswagen Tiguan and Im set on it. I have around 8000 saved, I just really need help choosing the better option to go with Option 1 Ill pay cash 8000 on an older model maybe 2009-2011 and buy the call full. By going with this option I have the intent to sell it in a year for hopefully the same price I bought it for 8000 and by then Ill have around 5000 more saved and pay off a 13000 newer modelOption 2 Put a 8000 down payment and finance on the 13000 newer model over 12 monthsI keep going back and forth thinking of the pros and cons of each but Im really torn Id like to hear your advice!  <response>: Im 28. Ive financed a couple cars and bought a few more cash. I always regretted the ones I financed. Theyre expensive and theyre just one more thing that restricts your freedom by the nature of having to make payments. Personally, Id go cash, and not on a Tiguan. Crossovers tall cars are often surprisingly worse on gas in the real world than the EPA ratings. My vote would be for a 5k Civic or Corolla, and enjoy the financial security of having no payments and a healthy emergency fund. 