So I know this advice is totally opposite of most of the individuals in this post but if you don ' t own one I would consider buying a black suit for the NYC market . For interviewing you would probably be fine in a dark greycharcoal suit but may feel like you stick out in a blue suit when I was recruiting I didn ' t see anyone wear a blue suit to an interview . Most people wear black suit , white shirt , nice tie . <| sep |> That is a lot to spend for a car . You should really think about if that is a good idea . That said , cars depreciate 1015 % per year . If you put nothing down , after a year you ' ll owe more than it is worth , you ' ll be upside down . This means you ' ll be stuck with it and if it has a major problem i . e . gets crashed then you may get reimbursed from the insurance company only its actual value so you may be left with some of the debt that you have to pay . This is what gap insurance covers . This is one reason that people put more money down . If you want your payment to truly be as low as possible , pay cash for the car . However you can also consider a lot of other things to do with that $ 50 k , like saving it , investing it , or buying a house , etc .