the one thing that is consistent across the board of majority of people out there teaching about personal finance is that the car loan is a ripoff to the average American it just is like you are borrowing money paying interest on something that's going down in value just because it's a car and listen a crappy car A5 $6,000 car can get you to the same place you got to go as a $60,000 car right now I understand it is nice and if you have the money and you want a great car that's what you choose to spend your money on fantastic but don't go into debt for it cuz on a mathematical basis it does not make sense