29
May
2008
Posted by
Hoto as Investing, Money, Planing, Top Commentators, Warren Buffet
I am driving a lot on German Autobahn and I can tell you there are a lot of cool and very expansive cars out there. On the other hand the most of the cars on the street are running more on rates than on hot rims. But how can I choose the right car for me? A very good advice I once got from a Investment Guru was, not to buy a car which costs more than your income in 3 months. That sounds not to much, but look at it that way. You want to drive a real expansive car, higher your income! How much of your friends and family are driving a car bought with a loan? How about you? The intrest is the money the bank is making out of your need to drive a car you maybe could not affort now. Let´s think about this and higher our income. We meet us 2012 at the Porsche dealer.
| 2.5 |
One Response
June 6th, 2008 at 2:19 am
1Also consider a hybrid car! It saves a lot of money in the long run as it needs less fuel and in the UK it saves drivers on road tax and conjestion charging. Plus you don’t feel guilty about the environment
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