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I Have $5000. How Much Of It Should I Spend On A Car?

I have $5000 free money (not tied to anything). What percentage or how much of it should I spend on getting a car? I make about $200 per week f and then $3300 extra after 15 weeks. I will probably need about $1500 in 15 weeks time. Advice please.

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16 answers

Na who be "olodo upon 30". I am awaiting your responses.

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i responsed yesterday but i can't find my post

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Something like that.

Transport is optional

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so, i guess the car should be about $3000 and registration will be about $1000? What do you mean by transport?

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Spend $4000 from it on a car. (transport and registration included)

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See me see trouble. Wetin concern maga with my story. Thanks for the advice though. Keep it Approaching.

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@ Vpersie,

do you know that MAGA no dey pay well again, so save well and first invest that money and later you can buy car of your choice without asking nairalander how much car you need buy

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please expatiate. I really do not understand.

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spend the amount of money that will come back to you in say 3months, and from ur post of earnings of $200 a week, that equals $2,400 in 3 months, roughly half of your present budget, hope this was helpful!

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Post modified for clarity.

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what does that even mean?

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Are you a H & C member?

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