Do you think it is manageable to get financing for a car based on this income?

[Anonymous]

So I make about $1,200 fortnightly. Of that money, this is what is taken out.

$60 for electricity

$360 for my share of the rent

$140 for 2 tins of formula and 2 boxes of 90 nappies A tin of formula costs $29 each, and a box of nappies costs $39 each.

$200 to $300 for food for myself for those 2 weeks.

Car cost between $14,00 and $22,000, and repayments are $90 a week over 7 years. Insurance is about $90 to $150 a month, depending on whether I go with full insurance or third-party insurance.

I do need a car as it is becoming harder to take my baby places via public transport due to the number of people who push their way onto the train as you are trying to get off with the pram, or you have people who don't want to move out of the way when you are trying to get off the bus. I legit had to get annoyed at these people and tell them we needed to get off because they were standing there blocking us in, not wanting to move. They wouldn't even move to the back of the bus like they are supposed to either. It also doesn't help that trains are constantly delayed, and you have people who get annoyed and stare at you on the train because you have an upset baby who is tired or hungry and you can't make their bottle.

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[BoopBoopBeep]

I'm not going to bother tallying that up if you couldn't have been bothered to, but rest assured there's always someone who will finance, it's just a matter of how friendly the terms are. If your cash flow can demonstrate that you have sufficient funds then someone will write the note.

[DryGermanGuy]

I would not want to be tied to a credit that long, especially for something that depreciates. I don’t know how much you have saved, but better get some Japanese or Korean „banger“ in good shape for 4000-6000 bucks and then start saving money for a more expensive car next time.