That's a good point Glamourcide. I often say a car is an expensive toy, but I wouldnt be without one, so it's more than that. It is not an asset though. I went into debt for my first car - just $12k. I wouldnt have been able to buy without taking out a loan. Paying it off taught me about saving etc. That and getting hypnosis to help me sort out my spending problem. My goal is to not take a loan out for another car, but having a decent car that runs reliabley is important too. If I needed to get a loan, I'd want the option of paying it down faster. I just hate how much I've wasted in interest for things over the years.