<prompt> Human: First, I know that buying a car with private student loans is against the terms and conditions. That being said, I frankly dont care. I wont get caught haha. So if you are here to lecture me on that, its falling on deaf ears. My situation: I am going to medical school next fall. My parents have already promised to pay the full cost of my tuition--books, housing, classes, etc. They have already paid for the entirety of my undergrad education. I have a sibling, who went to an Ivy, and they paid the entirety of that. I have no doubt in their word. I want to get a car in medical school. In undergrad, I had no car. I purchased my bikes with my own hard-earned money; my parents helped me out with tuition but I still took a part-time job and paid for my discretionary spending. I feel that I missed a lot of social opportunities in undergrad because I lacked a car. I am determined to not miss any more social opportunities in medical school if there are any by not having a car. I have taken up a job before medical school, and I will probably have about 10k saved up by the time medical school rolls around. I want a nice, sporty car. I plan on getting an entry-level Lexus for its low maintenance costs and sporty image. I understand that itll cost about 30-40k new. The way I see it is that many of my classmates will be graduating with 200-300k worth of debt or more, and they dont seem to end up homeless. A loan of 30-40k pales in comparison. Why I am so deadset on a car? I wont elaborate here, but my post history should provide some insight into my life and rationale. I can definitely say that I really know that money doesnt buy happiness; that basically sums up my life. I grew up in a well-off household in which both parents are plagued by mental health issues, and I am similarly afflicted. Ive also been babied all my life by helicopter parents and I just want a modicum of freedom and I believe that a car will provide that. The fact that they dropped me off at my job interview a few weeks ago is the icing on the cake. The job interview was less than 2 miles from my place and traffic was light. My questions are:1 Is this a good plan?2 Is this a feasible plan? 3 Any gotchas to worry about when taking out student loans? Ive never done it before.  <response>: 1 Absolutely not2 Sure3 Life in general has a habit of being one long-ass gotcha 