Just to clarify - I don't have any problem with loaning money for a car - I did for my second car (first was an old clunker I paid cash for) - I would never, however loan a ridiculously large amount of money to own a 'fancy' car or to keep up with the Jones' so to speak... I personally can't justify investing large sums of cash in something that loses money as soon as you drive it off the car lot.