I'm going to join in the chorus of people saying make sure you have an emergency fund, then use the money to acquire assets, then pay off the debt, though it might be worth getting rid of the car at least.
Having an emergency fund is absolutely vital. If all of your money is tied up in other things and you lose your job or face a big unexpected expense, you can be completely blindsided. Owning your own house and car does not help if you can't feed yourself. In fact, if anything, in such a scenario, owning (or rather, owning a part of) such things ties you to one place and makes it harder to move to a place with better economic prospects.
There are a few things that no one has mentioned that I think are important.
Firstly, most people have too much house, too much car, and too much stuff in general. The
75/20/5 rule. Basically, 75%+ of your net worth should be in investments, 20% (or less) in your residence, and 5% (or less) in stuff, which could be further broken down into 2.5% for your car and 2.5% for all your other possessions. Obviously, that's hard to achieve when you're young because your house, car and stuff will take up disproportionately more than they should. That said, you should still try to minimise the amount of your net worth you have in them. A house that you live in is a liability (one that you rent to others is an asset) and in terms of a car, I would follow two rules: 1) never buy a new car because the depreciation in the first few years will kill you, 2) never go into debt to acquire anything that depreciates (including a car). Combining 1) and 2) is a recipe for middle class debt servitude for the rest of your life.
The damage has probably already been done in terms of depreciation on your car, but it still might be worth looking into whether you would be better off selling it (and paying off that debt if necessary to completely close that chapter) and buying a car a few years older than your current car. I know people don't want to think like that, but as I wrote above, when your stuff (and the image it portrays) defines you, that's a recipe for debt servitude. Have we learnt nothing from the GFC?
I think this is really important right now more than ever because I have a very bearish outlook on living in the U.S. and much of the West. That's not to say that there won't be investment opportunities, but living/working there is about to get a whole lot worse for the overwhelming majority of people. Ignore this if you're not in an average job. The government is drowning in debt and running a huge deficit. Almost 50% of the populace is dead weight. There are only four ways the government can go on this:
1) increase taxes
2) decrease services
3) borrow more money (and possibly eventually default)
4) inflation
I have deliberately left out 5) grow GDP simply because that's not going to happen anywhere near fast enough, if at all.
Of those four, probably only number 2) won't affect a young, single, productive man too much. Number 3) won't either in the short term, but will in the long term. Numbers 1) and 4) obviously will, and in a big way. I'm assuming you're not a high roller, but rather, someone in the 50th to 98th percentiles. That is going to make you precisely the sort of goose they like to pluck.
As such (and here's where it gets back to the topic at hand), you need to be thinking about acquiring significant assets and either tying them up in legal entities that makes them hard to touch, or outright moving them completely offshore and getting a different citizenship. Unless you eventually become a very high roller, I suggest you also need to think about complete location independence, and part of that is either having a job you can take with you or significant passive income. Ideally, I'd be looking at achieving this within five years if I were you, but certainly nothing longer than a decade. Thus, having debt for liabilities is going to stand in the way of that in a big way.
Maybe that's more than you asked for, but I just can't help thinking that you don't want to be the Thanksgiving turkey, even if you're not aware that that's what you're being fattened up to be. Everyone here at RooshV needs to understand that governments are not our friends. This is not a left-right issue. It is a simple mathematics issue. The poor have nothing and the rich are too smart with their money. That only leaves those in the middle. Don't make yourself an easy target come the day of reckoning, and don't hamstring your ability to outrun that.