<prompt> Human: I will try to make this a brief as possible. Im 20 years old; my annual salary is 18.7-21.4 and my credit score is 733 with no debt. Recently Ive been tempting the idea of buying a car I really want Honda S2000 fyi which the price range from 11k-20k but I will try to spend the least possible. Also, I wont move forward unless I can make a down payment of half the amount. Lets say the car is 17k; I will make a 9k down payment and finance the rest over a 48 month period. I used this BBT calculator to give me an idea and monthly payments seem to be around 200. I will end up paying 1.3k in interest for the loan.One question I had is that I read you have to get full coverage for a financed car; is this true? Also, will getting a co-signer help? Again Im just thinking about it; havent came to a concrete decision. Moreover, I dont know everything about auto loans and financing so if I missed something please point it out. What do you think of this idea? Im looking for more experience and wise opinions. Thanks in advance! Cheers.Edit: I forgot to mention that the 9k are what Ive been saving.  <response>: Read this thread It should be the answer youre looking for.For 15,000, youre probably looking at about a 2006? With 50K miles? Insurance will be 150 month for a 20 year old driving a sports car, plus gas, plus planned and unplanned maintenance. Tires are 600 every couple of years, plus the inevitable 3,000 timing belt at 80K.Its not 200 month to own the car, its closer to 450 or 500. The Federal Highway Administration estimates the cost of owning a car is about 0.50 mile. Yours would be significantly more than that because its a sports car and youre a young male.Is it a good financial decision? No.Will you do it anyway? Probably. But make sure to save up an emergency fund for when you blow out the transmission, ok? 