First time car buyer, require advice. Looking at car around R130K
Firstly, rule of thumb, car repayments should not exceed 30% of NETT Salary, am i right?
Secondly, put a deposit or not?
Thirdly, would you still contribute to investments over this period? For eg, i have about 12% of...
I'd like to know if you earn enough but can't directly purchase a car because of poor credit score and there's a willing 3rd party in the form of a family/friend to buy such what do they need and also do they have to be residing close by?:whistle: