Really? :
I managed without a car just fine while living in Canada when studying and working.
Having a car costs more than a mortgage payment on my downtown Toronto condo where I can use public transport and go practically anywhere.
So, what would you rather have? An asset like real estate which is more likely to appreciate unless there is a market crash.
Or a car that is 100% guaranteed to depreciate?
But maybe you are rich.....
Just mentioning this for people who have their priorities wrong.