[Jgresch]

Stay out of debt.

What happens 2 or 3 years from now when you decide to move out and can't afford the car payments anymore? You'll be forced to sell the car and take a big hit on it.

If you're saving a lot of money by living at home, spend a year using the car they gave you and save up as much as you can. Then decide if you want to splurge on a car. Maybe sell your current car and use some of your savings to buy a new car then.

For the majority of the finance period, you will owe more on the car than it's worth. (Not true for all cases, but most.)

Unless of course you make a big down payment and only finance for say a year or something so there will be minimal interest and you won't be held down for so long.


Just my .02