Ok little bit about me. I am 25yro, male, single. I look like one of those guys who's got their stuff together: muscular, clean cut, fashionable, well spoken. Until you see my car: 96 honda accord with duct tape covering some rust. I live all by myself, I pay for everything, but I am unemployed. During the last 12 months, I embarked to find a job 3 times and I got callbacks 3 times, so I am very employable. But I disregarded the offers excusing myself with school. Fall is approaching so job should be not as difficult to find. I recently went back to school, next spring going to be my third year of electrical engineering. Worked for couple of years prior to that saved up $33k played with stock market, ended at $25k from, at some point, $48k (yes lost over $20k in a span of a 5 days, I was double short through 08 thanksgiving week, remember that?) and payed for school, rent, food now down to $7k. I didn't care for cars or fashion in my early twenties. Only dreamed about going to college. Now I am going to college, hanging out with people of my age and they all drive nice cars and only me seems to drive a shetty car. But I have better education outlook than any of them: engineering and they all have their families to support them. I recently met a girl, she always wows at nice cars when they pass by my 96 accord. Is it just me or generally people seem to judge you by what you drive. I was brought up on that pop culture philosophy of "money doesn't matter", I guess real world isn't like that. I belong to a small ethnic group, most of them drive newer imports and I always feel out of place when going to gatherings and festivities. I am sure the girl feels little embarrassed riding with me. Call me crazy but I really like that girl and she knows lots of people who drive nice cars, when I ride with her, I feel like I am degrading her. So I just got approved for 10k loan car from Chase at 5% for 48 months at $223/monthly. I could pitch in 6-7k from my savings and 1.5-2k for my accord and be on the reach for 05-07 Infiniti or Acura. I am at the age where feeling and impressions matter. But next year I am most likely heading to UIUC for engineering (or stay in Chicago where they are jobs and go to UIC or IIT) and obv the school is not cheap (15k/year) and jobs are hard to come by in Champaign, IL. I might have to get a loan to finance my education. My accord got 144k miles on it and its obv near the end of its life. One mechanic advised me to quickly sell it as the engine is "shaky." I have $3k in credit card debt (I am aware I should pay it off with my savings). However, once I graduate and working these will be not that difficult to pay off, as I will be an engineer. Besides my first two years of education basically been free. I'll graduating with $40k in hole from top 5 engineering schools. Now that you know my situation, should I get that loan and find me a late model Infiniti or Acura? (crazy but partly because of that girl) Or stick it through two more years of college on dying 96 accord and mostly feel like crap on the road and with girls thinking to myself I'll be ballin in 2-3 years? I'll be 27-28 by then, thats little disturbing.