Should I buy this car?
For context I’m a 23Male, live with my family work two jobs I’m never at home since I’m a contractor who steps away for long periods of time.
When it comes to finances I think I’m at a decent spot even though I could always do better. Currently have around 70k on my brokerage and 23K on my ROTH. Adding up all my non-tangible assets I’d be at around 110K.
NOW! The point of this thread. I’ve been driving a beater 2009 Honda Civic for multiple years and for the past few months live has been getting repetitive and kinda of boring, I find myself at this point where I’ve been talking myself into a buying a 2026 Tesla model 3. Out the door price for this vehicle it’s around 40K and to be honest this is more a want than a necessity but for the past few years since I’ve been working I have never really given anything in general, no expensive flights, no multi state trips just nothing in general.
I wanted to get different points of view, my idea is that getting this car will motivate me 1000% more to keep putting in that work and keep growing my accounts and investment. Also something to mention if I do get this vehicle I’d paid it off anywhere from 2-5 months since I’m not a huge fan of getting in debt. Currently making anywhere from 7-9K on my civilian job.
Any advice or thoughts on this are highly appreciated 🙏