@eddified Some people are strict on the “never finance a car” mindset and that’s fine. An alternate perspective is to look at the 20/4/10 rule to ensure that payments don’t stretch you thin. If you want to be a little more conservative you can also modify this to a 20/3/8 rule.
The way I see it some people really value cars, and at the end of the day personal finance is personal. If you’re frugal in other areas and are still saving enough for retirement, I don’t see anything wrong with spending a little more on a car.
@eddified May want to just ask your insurance agent to quote a similar car. Depending on your age and the car. It could be way over 200 bucks to insure.