>>799169
Tell me that again while holding a pencil.
If you buy a bomb you pay through the nose for parts and repair, but you're only 10k hanging out.
Spend 60k and you're 60k hanging, insurance costs a fortune, you're still left with a depreciating asset even during the warranty period, and you've got to pay servicing. It's 60 of liability.

No, buy a cheap car outright, only get third party, put your money in a term deposit, shop around for servicing.