<prompt> Human: Background: I am a 17-year old guy, under some lucky conditions. I live at home, very little expenses. I pay for my gas, and books for college. Cant emphasize how lucky and thankful I am for such loving parents. Right now Im in a program thats letting me be at college for free excluding books until fall 2016, at which point Ill start paying about 7500 a year. In other words, I am one of the luckiest kids around for the next year and change.So I am looking at this car and I need some sane people to talk to me. I have talked to my family...my mom says do it, my dad says save it or get a similar car to what you havebut he is very frugal, and my brother and sister both say follow your gut. I need some other thoughts and opinions.I have 2500 saved right now. I am starting a new job that will get me about 12 grand after taxes by January as compared to my min wage job at Chic Fil A.... So I will need to take a loan, approximately 17 grand, to make sure I have cash behind me in case something stupid happens. Costs for the car: I will need to get all-season tires for it approx. 650 to get and install. It takes premium gas, and has a bigger tank than my Civic which I dont really like. Approximately 50 extra a month in gas ish. I understand most of the expenses I will be undertaking.Expenses in total if I get the car as far as I can see: 16 grand for the car650ish for tires50 extra a month for gas x 10 months 500 not included in loanI think I would be able to pay about 250-300 a month and still keep my emergency fund which I will use for books, as mine havent been super expensive yet.Talk me in or out of it. I am blinding myself because I want it so badly.And if I were to get a loan...My parents will help me out with acquiring it, but not with paying it. Theyre just a safeguard. Im paying for everything on my own.Some base knowledge will be helpful. What kind of payment plan would be good to look into? As in, how much should I am to pay a month, and what is a good balance of interest rate and time? I did read the 15-20 year olds read this and I realize this falls under dont buy cars you cant afford. I guess I just might not understand the meaning of afford. I can afford to get a loan and slowly pay it back, but I dont have 16 grand, and I wont have it in a year. I just really want that car...HELP MEEdit:Thank you uSubject_Beef. That Dave Ramsey video made me realize just how bad this decision would be in comparison to what could be. I used to watch his stuff when I was younger, at the command of my mother...But on top of that, I called the guy, and it turns out that this thing has some water damage. Not going to get it. Thank you.Saving is more important.Thank you for all your replies to keep my head level. I really appreciate it.Assistant: I wouldnt be purchasing a car like that with your income is the first thing. The 2nd thing, is, go ask your insurance agent to quote you insurance on that car. How much are you going to be paying for insurance? Are you Ok with spending say, 300 a month on the car payment, 150-200 on the car insurance, and then gas? Insurance could be even more than that as youre only 17. Human: A bunch of people asked about insurance. Actually, it only goes up 100 every 6 months my payment cycle for a total of 300 every 6 months because Geico doesnt list the Speed3 as its own car, so you have to list it as a regular 3.It was part of the reason I had my sights set on this car.  <response>: About that...I can almost guarantee you once you give them a VIN, theyll know its a Speed3 and charge you for it.I had a GTI. They didnt insure it as a Golf. They insured it as a GTI. I currently have an WRX. Again, its not insured as an Impreza. Its insured as a WRX. Insurance companies arent stupid. Once they know its a Speed3 and a 17 year old driving it, theyre going to bend you over with insurance premiums.I pay 600 every 6 months to insure my WRX, and Im 29 years old with a clean driving record and getting a discount for having homeowners insurance with the same company. There is no way in hell Geico is going to insure a 17 year old on a practically brand new Speed3 for 300 - unless thats for bare minimum liability coverage, which you cant have because you would have a loan, you need full coverage.Hell, 300 for a 17 year old on a regular Mazda 3 seems low. Id love to see the details of that quoted policy.Edit: You werent looking hard enough. I just went on Geicos website to get a quote. A Speed3 is absolutely listed as a different vehicle than the 3 for the 2013 model year. Its MAZDASPEED3, in case you were looking in the S section. 