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Zaenille
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I make about $70k AUD per year before tax.

I currently have $10k AUD on my car fund. What I did was put $500-700 per week on that account, depending on how much I spent on other wants/needs.

Now, I make sure I am saving up money for my future car purchase, but I haven't set my budget yet. What are the things I should consider into my first car purchase? What price should I set as my maximum? Should I ask for a quote for car insurance beforehand?

I don't want to make a big purchase and have it biting me a few years later because I didn't consider X or Y.

My use for the car would be for daily work travel. One way to work is about 10km, so about 20km a day, plus maybe another 20km on the weekends. I expect to run my car about 10-15K's a year.

I make about $70k AUD per year before tax.

I currently have $10k AUD on my car fund. What I did was put $500-700 per week on that account, depending on how much I spent on other wants/needs.

Now, I make sure I am saving up money for my future car purchase, but I haven't set my budget yet. What are the things I should consider into my first car purchase? What price should I set as my maximum? Should I ask for a quote for car insurance beforehand?

I don't want to make a big purchase and have it biting me a few years later because I didn't consider X or Y.

I make about $70k AUD per year before tax.

I currently have $10k AUD on my car fund. What I did was put $500-700 per week on that account, depending on how much I spent on other wants/needs.

Now, I make sure I am saving up money for my future car purchase, but I haven't set my budget yet. What are the things I should consider into my first car purchase? What price should I set as my maximum? Should I ask for a quote for car insurance beforehand?

I don't want to make a big purchase and have it biting me a few years later because I didn't consider X or Y.

My use for the car would be for daily work travel. One way to work is about 10km, so about 20km a day, plus maybe another 20km on the weekends. I expect to run my car about 10-15K's a year.

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Zaenille
  • 4.3k
  • 7
  • 30
  • 37

How do I determine how much I can afford for a car?

I make about $70k AUD per year before tax.

I currently have $10k AUD on my car fund. What I did was put $500-700 per week on that account, depending on how much I spent on other wants/needs.

Now, I make sure I am saving up money for my future car purchase, but I haven't set my budget yet. What are the things I should consider into my first car purchase? What price should I set as my maximum? Should I ask for a quote for car insurance beforehand?

I don't want to make a big purchase and have it biting me a few years later because I didn't consider X or Y.