<prompt> Human: So I went to look at purchasing a 2015 Honda civic SE today, list price 21,000. With 0 down on a 72 month loan I was quoted at 450 payments at 13 interest. credit score 606. I was considering refinancing after a year, I have marks on my credit that get removed in January 2016, roughly half to 34 of my report. Has anyone else had any luck with this? I could put down 1000 and have payments at 400 a month as well. I was thinking that a refinance would put my interest rate around 7 after that year. No I cant wait until next year to get a car because the one I bought a while back needs major repairs and is not cost effective to maintain anymore. 1998 ford taurus needing a new transmission. Any comments or help would be greatly appreciated. EDIT: so a lot of people mentioned certified pre owned, I checked it out online and see some 2014 Altimas going for 16,500 or so. So which is better to get them from, dealer or used car lot? Carmax? Which would be less predatory and offer the best warranty? As far as salary and debt, I grossed 77000 last year and took home around 63000. I get 25hr plus overtime which varies week to week and becomes a ton in the summer. I get a raise to 31 in October. Debts I do not have much of, a small loan for 1500, CC at 500, Zales account with 1000. I have medical bills in collections that are dropping off in June and the rest in January of 2016 so I was advised to not pay on those and let them fall off lest I restart the debt clock on them. I have some recent debt added in collections that was old medical that they have tried to re age and is currently being disputed. Monthly expenses are rent, Internet and tv, phone bill, water, garbage, food, insurance, and chiropractic. All said and done is around 2700 a month.  <response>: Dont mean to beat a dead duck here, but that would be one of the worst financial decisions you ever make. 