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.

 

[Hate2Wait]

At present I only have investment in mind so I will opt for a house because I will be using that as an investment and to earn passive income from its rent

 

[Pousinha]

Averagely, it's better to buy a house than a car (the best thing is to buy a house near your job's localization, whenever possible). In any way, it's very dependable one one's specific circumstances: if you can't buy a house near your job's localization and your area is the worst in terms of public transportation, obviously you cannot lose your job cause lack of buses and you need to buy a car at first.

 

[cherry123]

if you need something that appreciate and will give you a kind of passive income then you should try to have a commercial property for that