1st IB paycheck… car purchase…

I’m not a cultured person in high finance or luxury items but I am obsessed with the new 23 prius. I have a decent 50 mi commute to work every day and I think its a clean car and worthy of its $30K price point. Thoughts on this as my first big purchase?

22 Comments
 
Most Helpful

Personal preference but I’d personally seek a more exciting car than a Prius.

Then again, you are “obsessed” with it and it’s only 30k so I don’t think it would be a bad idea.

 

I think you should consider Acura too as a bit of a cooler car.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Lots of cars cooler than acura, only the NSX is a good pick. Imo the alternatives to Acura's cars are better, but that's just my personal preference.

 

50mi seems like a long way. Why don't you move closer? It is 100mi roundtrip or 50mi roundtrip?

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 
yung buck

Id rather ride the bus than drive a prius

Cool Prius Said Nobody Ever! Funny Truck Hunting Diesel Vinyl Decal Sticker, Die Cut Vinyl Decal for Windows, Cars, Trucks, Tool Boxes, laptops, MacBook - virtually Any Hard, Smooth Surface

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

Is prius birth control? 

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

This of course would depend on what kind of cars you'd like, but the new prius is a pretty economical car and not super insane MSRP-wise, so as far as new cars go it's probably one of the safer choices you can make. Hybrids save quite a bit of gas, and if you like the car, it seems like a good move. Still take a look around for options, like if you're a big car guy maybe the prius won't be the most exciting thing to drive, but since everyone has a different set of priorities it might be the right car for you.

image-20230724103316-2

The new Prius looks a lot nicer than previous generations for sure, I quite like the look of it.

image-20230724103358-3

 
Funniest

Prius is def a prestigious car. It is competitive and is climbing the league tables competing with the big guys (think Honda Accord, Nissan Versa, and Ford Focus)

 

Voluptas doloremque ratione modi laboriosam architecto. Quo aut maxime eum voluptatibus voluptas necessitatibus. Qui laboriosam voluptas laborum quaerat dolor.

 

Et sequi porro esse. Itaque id ut quas nostrum. Similique sed aperiam omnis excepturi. Neque vel impedit explicabo autem non at aut. Incidunt omnis et voluptas quod. Est ut voluptatibus sit voluptatum dolorem. Reiciendis quia aut quos facilis.

Ut eligendi ut saepe. Velit sit quas consectetur commodi et labore. Assumenda vero dicta doloremque quas. Sed consequatur est assumenda sit ex.

Pariatur iusto illum tempora dolores excepturi. Corrupti hic deleniti dignissimos veritatis necessitatibus omnis rerum soluta. Ullam voluptas aut omnis. Unde ea et qui voluptas recusandae sed officia.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (66) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”