i agree, u shouldn't be getting an expensive car unless ur bballing like that. but from experience, i can assure u, if u buy a sh1tty car or a used car, u'll be in for a whole world of hurt. unexpected repairs, breakdowns, etc. these are incidents that rape people's account. at least with a new car, u dont have to worry about that.
i understand the point of the article, but trust, ur better off getting a brand new corolla, than buying a used car.
i think the article applies more to people who change cars every couple of years because they're bored. if u buy a car, u should be of the mindset, i'ma drive this for as long as i can possibly can. with that mindset, you'll be good.