From the standpoint of someone who's gone through college, I'd say if this car is anywhere close to being your top priority as a college student, then you've probably gotta rethink what your goals are. Unless you're filthy rich or have filthy rich parents, or have hoards of grants and scholarships. I don't factor in student loans cause you'll have to pay those back eventually.
Cars can always wait. They'll always be there. I've gone through all these years lumbering around in my beat up 4runner, but it's served its purpose and got the job done, and it wasn't an extra bill for me to pay in terms of monthly payments and high insurance.
