So what about this car?

So that is pretty much what my car looks like. It is a 2005 Mercedes-Benz E500. It only had 27,000 miles on it when I purchased it. The dealer was asking for $24,999 and I paid $22, 995. Over all I spent a little over $25,000 with taxes, title, and registration included.

So how and WHY did this happen?

First you have to keep in mind that I have wanted a car for the longest time anyway. Before I purchased a car though, I wanted to save money each month in the amount of a car payment so I could be sure I could afford it. Well that definitely did not happen!

My bf had an accident in my car Fourth of July weekend, and it was then that I decided to go ahead and get a new car. I started looking online and saw a 2008 Pontiac G6 convertible with 48,000 miles for $20,995. I went to the dealer and test drove it and realized how compact the covertible was on the inside. I did not like it at all! I told my bf that I wanted something to show out in (bad I know!) and he told the dealer. I was so embarrassed! But the dealer then said that he had just received my E500 yesterday and showed it to me. I instantly fell in love. I couldn't drive it that day because they hadn't serviced it yet.

The next day, the dealer called and told me they had fixed it all up and I could test drive it. The drive was so smooth and I just had to have it. Against the advice of my bf (he told me to leave the dealer and come home) I purchased the car with a blank check from Capital One.

...

In a way, I'm glad I have a car that I'm proud to have instead of something I really didn't want. I test drove plenty of cars during the few days I was car shopping and I'm pretty satisfied with my choice. There are some things I wish I would have done differently, but as a first time car shopper, you live and learn.

• I should have let the bf take over negotiating and purchasing the car. I'm sure the dealer knew how excited I was and threw anything at me.
• I should have waited instead of buying the car the very next day.
• I should have had a stronger idea of what I wanted going into negotiations and held firm.
• I should have had anything I had an issue with be taken care of (battery light) and had all dealer promises in writing before purchasing.

With this car I have no choice but to cut back on spending. I do plan on putting every extra money towards my car payment. I want to be done paying this within three years time. I know I'll be receiving extra money this year, and next summer, I'll work at the school and part-time to pay it off as soon a possible. Pray for me please!