I'll bet it won't be long before you can get a 1 year old Xfire with 18-20k miles for $20-22k...

By the way, I bought a brand new 2000 Turbo Beetle 2 years out of college for $22k, I kept it for 2 years, and I was paying about $400 a month. It was fun for awhile...Then I got a job offer in California and decided to sell my Beetle so I could put a down payment on a house. I ended up buying a 1994 Mazda Miata for $4500, cash.

Best decision I ever made! The Miata was a blast to drive, and it felt SO good to drive a car free and clear, plus I didn't give a crap about dings and damage, since it was dented when I bought it. It was some of the most fun I've had in a car...

But the best part is that I've made over $150,000 on my condo in less than 2 years!!!! I finally bought my Crossfire in December, and I saved enough to put $12000 down, so my payment is only $400 per month, same as my Beetle. My plan is to start using my equity in the house to invest in real estate. My goal is to retire in 5-10 years as a millionaire. I'll be in my '30's driving golf carts and wearing plaid pants!! It may or may not happen, but it's a worthy goal, and either way I'll be a lot better off than if I hadn't bought that house.

If you're just out of college, get a house as soon as you can! Don't dig yourself a hole and fall into permanent debt, it'll trap you for life in the middle class, living paycheck to paycheck. Buying that Miata and getting rid of a $400 a month payment felt so liberating. As much as I love the Crossfire it was very difficult for me to want to pay monthly again, but I'm in much better financial shape now to handle it. No car to me is worth selling your freedom for!!!