Buying a house Vs Buying a car

[Hate2Wait]

I guess when you have a house already and need a car to travel then you should go for a car otherwise investing in house is the best option

 

[Starmix]

That's good to hear from you that if having a house already the next to buy is a car.

 

[Ratine]

I prefer the buying of a house rather than car. House is more viable than cars

 

[Hate2Wait]

That's good to hear from you that if having a house already the next to buy is a car.

Lol I don't mind getting anything from it. I have House and would love to have another and it'll also serve as an investment but having a car is also important

 

[Starmix]

Lol I don't mind getting anything from it. I have House and would love to have another and it'll also serve as an investment but having a car is also important

You can purchase a car through installment. My niece acquired a car through installment. She pays her car through her online salary. She's an article writer.

 

[Ratine]

For me I better pay for the transaction costs than paying house rents for a life time.

 

[Min George]

Both buying a car and buying a house could make sense depending on a person's financial goals and situation per time.

 

[Hate2Wait]

Having a car is also important because what if you need to travel around 20-30 km and you won't like to go on a bus

 

[nomad]

I will buy a house first. That's because a house is an asset, I can also use the house to generate income. car is nothing but a liability.

 

[Hate2Wait]

At present my priority would be to buy a house or I should say invest in a house because this way I can start earning passive income from rent.

 

[Passiveearner]

I would say that buying a house is a much better option as the value of your house may increase. The value of a car may decrease due to depreciation.

At present my priority would be to buy a house or I should say invest in a house because this way I can start earning passive income from rent.

 

[Hate2Wait]

I have a house but I can manage without a car for more time but investing in a house will help as I will do it for investment purpose

 

[Niyi Briggs]

I have paid huge amount as rent and I would say that it is not funny. If one can, they should just buy a house and forget about rents forever.

 

[cherry123]

if you can manage with mobility at the moment then going for a home purchase would be the best bet. You would fare better that way

 

[Hate2Wait]

A car is a depreciable asset and if you don't need it for daily use then no need to go for it and best to buy a house as an investment

 

[eldavis]

Both are actually important. Buying a car would save you from having to spend much on transportation most times and it makes moving around a lot easier, then again, it depends on the person's needs.

 

[Kosi G]

Now that the cost of fuelling a car is very expensive, a car is the least of my plans for now. I can only do that when I am absolutely financially secure.