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I made the mistake of buying a $40k car right when I graduated high school. I was making $50k a year, but was also paying for my college, and working full time. It was IMPOSSIBLE to keep up with everything. I wanted to enjoy college life, make $$ and didnt really focus on school.
I ended up loosing my job, my car, and having to drop out of school. And I regret to this day. It took 10 years to rebuild my credit.
I am lucky because I have been able to keep a stable job for the last 9 years that pays me well. But I also have no education, degree or much to fall back on.
You're going to be in school for along time (med school), which means you will be BROKE for along time. I have to agree with the others, wait on the car. Get something cheap and reliable for now.
Use the car as a motivator to finish college! Nice Z28 to reward yourself.
Seriously, I know the "gotta have it" feeling, but it will be better to wait.
Jason
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