<prompt> Human: Recently we purchase a band new car for my wife. We have the cash to pay for it outright, however we opted to finance at 0.9 interest for 36 months. Thats around 600 in interest over the full term, we can earn more than that just keeping the funds in the bank and a lot more investing so while I hate carrying debt it makes sense in this instance. I know this is a optional, luxury purchase and we looked at newer used vehicles, however Hondas tend not to lose value as rapidly as many other brands so it was hard to justify going that route. My wifes drove her old car for 11 years which is a reasonable life to get out of a vehicle, she is likely to drive this one at least this long, perhaps longer. In the end I believe this was the correct move to buy new vs a few years used.We did not buy any of the warranty extras, got 6k off sticker, and by taking a car on the lots vs ordering we were able to get a top of the line 2018 model for the same cost as a mid line 2019 model. All the features were identical, though we got extra stuff that we dont care about for free. Overall, I think we handled this purchase is a responsible manner. It just kills me to spend this kind of money on a depreciating asset. Guess Im writing this to see what the general consensus is here, was this an entirely stupid financial move or was this sensible given the circumstances. x200B;  <response>: As others have said, buying a new car is almost never the best financial decision. But when it comes to the car that you will be driving for the next 3, 5, 10, or more years, it is reasonable to consider factors beyond what is the best decision financially. Personally, I bought a new 36k car. I could have gotten a car with the same utilitarian value, new for 26k, or used but low mileage for maybe 20k. But, it was a car Id wanted for the better part of a decade, I could afford it, and understood the decision I was making is not ideal when it comes to optimizing my finances. I have no regrets on the decision. 