Whoa! I'm surprised to see how fast moving this thread has become. I really, really appreciate everyone's comments, suggestions and concern.
Ghosthunter, right on. There's really more to buying a car.
At first I was just going to buy a 2nd hand car. I thought I just need a vehicle to get me from point A to point B. But then all the canvassing etc. has led me to realize that since this is my first car, worked hard to save for the past 5 years, might as well get the brandnew. Thanks to all of you, now I've looked into the bigger picture and not just ocused on the aesthetics and the price.