Quote:
Originally Posted by Unregistered
You want to sink all your cash into a car? If you don't earn at least 8k base on average over the first 3 years, I would say forget it.
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You may be overly conservative. I bought a new car with cash when I was earning a take home of about $3k only cos I really love driving and being away from crowds. Yes it could get a bit tough to manage at times but I still managed to save.
It all depends on your lifestyle (e.g. do you travel overseas? Eat out at restaurants? Buy random toys?). I'm an introvert and love hiking in nature which costs nothing...to me the car was all of my lifestyle expenditure.