<prompt> Human: Ive never posted in this thread before, but Id really like to hear what people smarter than me have to say about a car payment this big. Ill take this down if its the wrong place to post it.My husband bought a car a few months ago, a 2011 Cadillac. He paid 50,000 for it. He currently has a 500 monthly car payment, and owes 25,000 on it. Hes also paying 230 a month for insurance on it.Were both idiots when it comes to money, but I think this is an outrageous amount of money to be paying for a car every month. As background, Im a grad student who will have massive amounts of student loan debt; hes the sole money-maker until I finish school. He is responsible for half the rent and our other expenses, which comes out to about a thousand per month.I didnt find out until today that hes paying so much every month for the car. I think his best bet would be to trade it in for something with lower insurance cost and that wouldnt require a car loan. Hes adamantly refusing, saying the car is an investment, because it wont depreciate that much. I dont really have a lot of background in car loanspersonal finance - is he right, or is this a bad idea?edit: so as a lot of the comments have pointed out, the car is a cts-v, which seems to make a little better case for having it. I really appreciate all the advice here, its been super helpful and weve been reading through and trying to decide whats best to do. obviously, were both really young and dont really have anyone to ask for financial advice, so this thread is a gold mine for us. thank you to everyone who took the time to post!!  <response>: Your husband doesnt have a good understanding of the term investment if hes justifying it by saying it wont depreciate that much. If it depreciates, its not a good investment.You could buy 3 18,000 cars over the life of that car and still come out with less in interest paid and insurance paid.edit: just read down where you said hes taking home 40,000 after taxes and retirement... so its not as bad as I thought. Its pretty selfish and not very forward thinking but youre probably alright. Just remember to remind him every time he complains we cant afford this or that ;- 