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Based on what you are saying, I think it would be a poor decision to buy a new car. You do not have to buy new to get a dependable vehicle. Like you, I did not have a lot of money coming out of school, so I was forced to looking into the used market. Fortunately, all of the used cars I had were great and never gave me any problems or cost me a bunch of money to maintain. If you stay away from sports/musclecars and some of the rally cars (yeah, I know, all the cars that would be cool to drive) you stand a much better chance getting a car that has not been driven hard/abused and will last you for years.
I know it's hard to go down that road, especially coming out of college and getting into the workforce, especially when you may see so many of your peers buying those cars but, as Dave Ramsey says, it's better to live like nobody else today so you can live like nobody else later. (i.e. not loaded down in debt with little spending money between checks and no retirement plan to speak of.)
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