[g_money]

Bottom line is the interest rate on a car means you pay back a fixed amount of money at the end of your loan duration, whereas the student loan debt never stops accruing and will only cost you more the longer you wait.

I'm 25 year olds now, graduated with like 26k in student loan debt in 2015, IT guy as well. 6K in savings, paid 1000$ a month towards loans as often as I could. I made the choice to cut into my loan payments for my 2015 FRS and house payments. No going back now, but I wish I had paid off the student loans before diving back into another kind of debt. I made it down to about 9k left within the 2 years since graduation.

The student loan debt sucks to pay off but you're literally losing money every month they still exist, and my loan interest was always based on the entire principal until the loan was paid off. So one year loan for 7.5K accrues interest at like 6.5% until paid off. It makes me feel like I'm bleeding money.

IMO pay off your loans and keep the remainder for your cushion savings. Seriously consider getting a used car, the money saved can be used to mod it to better suit you than a stock 2017 would. Either way take out a loan for the car and put down enough to get the best rate possible (check Credit Unions).

I wanted a new Focus RS so bad but I passed on it due to reality setting when my old car died and my funds weren't "in order" which was really just me trying to lie to myself and think I could do it. I've only had my FRS a few months now but I've gotten a promotion that allows me to consider the payments for a Focus RS, but after I finish my 9k student loan debt. In this circumstance I avoided losing money on buying new and still got a car with under 12k miles with 3 years of warranty coverage on the car (longer than I'll have it if things go well).

As inspiration I'll go pay off another chunk of my debt right now. Its about that time.