It would happen quicker than you think. In my situation, financing is not even an option, for 2 reasons. One, my credit sux balls, second, since I've gotten into too big of a mess too many times, I've decided that credit is not a good thing for me to be using. Besides, I can have money in the bank MAKING money, instead of paying someone interest. If I had a NEED for a vehicle, I might think a bit differently, but I don't need a bigger, better, or more expensive vehicle to live my life! My car is worth maybe $1500, but it's paid for, still runs great, and looks decent. It also helps that when anything breaks on it, I have the resources to fix it! New cars = loss all around, just something I'm not in a position to take on.