Is buying a new car a really bad idea?

Is buying a new car a really bad idea? I make 80k pre tax. My month paycheck is $4800 after 401k, HSA and health insurance. Additionally I can afford to save $2000 out of the $4800. But I’m planning to not have the minimum car payment for more than $500/month. I am planning to keep this car for 10 years at least. Car insurance will be $1400 per year for this new car. I’m also moving ...

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