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Listen to this guy if you want your life to be defined by only numbers
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Well, this kind of misses the point. Our financial lives are defined by numbers. Of course, that is not ALL of our life. But buying a car is fist and foremost dictated by affordability. First determine affordability, and then determine what is the best car for you, within the restrictions of your finances.
The question from the OP was not whether an FRS is a good value, or whether it was the best car to buy. The question he was asking was to determine the FINANCIAL feasibility of buying a new FRS.
So first, he has to decide if the purchase is of value to him. Assuming the answer is YES, then he has to determine if he can afford the purchase. This, of course, has NOTHING to do with its value. Someone might offer him something of great value for a great price, but that does not mean he can afford it.
The OP's question was based on his age, financial position, and his future plans for college. When these issues are considered, the value of an FRS in his life has no place, as he simply can not afford the purchase. Listen to some of the posters who gave you their experiences of purchasing vehicles out of their price range. It messed them up for quite a while.
Don't forget, a bank will be happy to lend you the money and put you in great debt. They don't care about you, just so long as they get their monthly payment. Just because the bank will give you the loan, does not mean you can afford it.
Of course, none of this is black and white, and all of it requires a judgement call. But don't let a beautiful shiny object like an FRS control your financial well being. If you can afford it, buy it. If you can't, don't. It's that simple. Whether you like the car or love it, has nothing to do with it.
That said, an FRS is a great deal and is of super value, but only to people who can afford it.