Maybe buying a car is your cup of tea after you graduate. What better way to start of your new career than to be driving some fancy wheels to your first job interview. You also have to consider the fact that if you are applying for a car loan and you don't have a job and probably no credit history, that new car may have to be moved further down on your list of top ten things to do after graduation. Many dealers do however offer great financing deal to those who have just graduated. It's sort of a congratulations deal on getting your degree.