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.