I don't know if this thread is adequate for this forum but I need advices.
I would like to buy an used car. I want to take a personal loan from a bank. 2500 euros. That's about 40 euros monthly for 6 years and 80 euros for 3 years.
I work as a warehouseman with a 350 euros salary.
I woul like to hear your opinions and advices.
I mean its not the 80s where you could have gotten a 70 chevelle (and parts for it at the junkyard) for practically nothing
Thank you all for your advices
I will not be taking a loan.
I have asked a friend, family members and they all said no. I will listen to them.
From today I will start saving money. I hope I will collect enough.
My goal is Renault Clio 1.5 from 2014 or 2017. I love that car.
I took that to mean that Oedipus had asked family and friends for advice, not a loan. I could be wrong.I'll also touch on this a little. I'd avoid asking for people to put their credit on the line for you just like you shouldn't really do it for someone else. The harsh reality is when a person can't get credit on their own, there's a reason for it and you don't want to go down the path of messing up your credit as well.
Where I live, most people do not have insurance for a car.
What if a person is really fat and out of shape? Walking or biking is not then an option. Also in small communities public transport is also not an option as it would not exist.Unless you are outside public transport or to far from stores a car is a luxury, you can walk, public transport or bike.
Even by walking!It's a distance short enough to cover by motorcycle or even bicycle (little to no fuel or insurance recurring expenses) if public transit isnt available. I presume you had other uses in mind, but idk 21's a bit young for a first car. Maybe building up savings you could later dip in could be more advisable
I live way up in the mountains where it freezes and is often minus 30 degrees in the winter. You just can't walk, plus we have bears and mountain lions here and we do see them on the roads.Even by walking!
I remember two years ago, I was 25 minutes away from work, and I went by walk. I
Then being in a car or motorcycle should not be advise, if you are out of shape or obese walkin and biking is good exercise. If something is 30 minutes walking you can take a bike that would take between 10 to 15 minutes. If you do not have money to buy a car find something else only go in debt when there is no other way and that you can pay off the car and maintain it.What if a person is really fat and out of shape? Walking or biking is not then an option. Also in small communities public transport is also not an option as it would not exist.
Not with cold and rain.Even by walking!
Not with cold and rain.
A vehicule with low total cost of ownership makes more sense than walking for other reasons. For example, it accomodates sudden and bad shift times better (you dont want to walk back home tired after midnight, or fear suddenly getting called to work and degrading your social life and sleep because walking would take too long - sometimes a vehicule can mean more shifts attributed).