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Always pay cash for a car. If you got $350/month to make a car payment, you got $350/month to put into savings to pay for your next car and/or a big repair on your current car. The first big loan I took out as a young guy was for a car and I bought the car with zero down (good credit and a good credit union) and it was a five year loan (loan was for $11,000). It wasn't a bad deal and it was a great little jeep. That being said, I've never again financed a vehicle. I have paid cash ever since.
Now, granted, I don't drive a big fancy vehicle. But I got a nice car, and I take good care of it. And it works great for me. I also have a savings account that I can go out and buy another car if I want (or, fix this one should it need a big repair). If and when I want another vehicle, I buy it, then I sell the car I currently have, and that gives me a chunk of change to start all over again with saving for another car.
Anyhow, I don't sweat my car. It is what it is. If it gets wrecked, I have insurance. If it gets dinged up, meh, I don't care. I park where I want to park, go where I want to go, and no one takes a second look at me or my car. That's the way I like it.
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ORANGE COLORED GLASSES ARE ALWAYS ON!
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