Hey Everyone, hopefully some of you more "car-smart" buyers out there can point me in the right direction. Or offer advice if any of you have these cars! Here's my situation. I'm a 22 year old recent college grad who is looking for a better car. I just got a decent job, and I currently have a 2001 Hyundai Elantra with 167,000 miles on it. While I can say it runs fine, I know it's not worth much and don't want to spend any more money on it in the future. I need something more reliable and want something more sophisticated. I'm looking at cars in the mid-size category. I've narrowed it down to an '09 Malibu or a 2010 Fusion. (I would go with an '09 Fusion, but I like the new '10 styling). I would like to buy used at all possible, but I realize there are not many used '10 Fusions out there yet. I would have it financed, payments of $250-275/month is ideal for me for 60 months. I will probably sell my current Elantra privately in order to get more than I'd get in a trade. I'd also put down about $1,500 cash. I am looking to spend no more than $17,000, (including trade, cash, tax, rebates--everything)...although part of the reason I am posting here is to figure out if it is smart to go with a new 2010 Fusion over a used 09 Malibu, and spend a little more to get a new car. I've found a 2009 Malibu LT w/1LT sticker price of $14,995. It has 30,000 miles and in excellent condition. I've found a 2010 Fusion SE invoice price of $20,500. I basically have 2 things I need to decide. Can I afford the Fusion? The rate the dealer gave me is 4.99% @ 72 mos (~$300/month), vs. my 6.5% used car loan @ 60 mos (~$260/month). And, which make would I choose? I have to say I like the Fusion a little better (more sporty), but is it worth the extra price? I have never bought a new car before. I'd obviously take the depreciation hit, but maybe it would be smarter because it has less miles, better APR, etc. Right now the Chevy dealer is searching me for the best equipped Malibu they can find in that price range. I'd love to get a car with (in order or pref): Satellite Radio, Sunroof, alloy wheels, heated seats; while I realize I will have to compromise some of these features due to my price range. Sometimes I wonder whether I should be buying anything now at all, and just save my money. My way of looking at it is: I am back to living with my parents (for the next year at least), and so my only bills are phone, insurance, and student loans. If I have extra cash, I'd probably spend it rather than putting it to a car payment. Also, if my current car breaks down, say...next Tuesday... I will have to scramble to find a new car that I want quickly, and may not have time to shop around or find one with all the features I want. And it'll make the value of my Hyundai less. On the flip side, I can maybe get a used '10 Fusion in March/April. I am stuck! If anyone has suggestions, please let me know. Thank you!