How old are you? I'm guessing this is your first car?
I don't think you really need a new car for your first one, it's just an invitation into debt, and the value of the car drops dramatically the second you drive away. You can get a decent, fairly new car for under 5 grand, and it'll serve your purposes (such as getting you to your job, school, etc) until you can afford a newer fancier ride.
my dad gave me my first car, it was only worth about 1500 anyways. a year and a half later it's still in great shape and running fine. best investment i ever made
