Should I pay half of my salary monthly to buy a new BMW

China
August 31, 2012 10:10pm CST
I kinda feel like buying a new BMW,but the last few weeks Im worrying about my budget. I could get my payment for this car divided to 60 months ,that will cost half of my salary a month,and the rest will just be enough for daily payout. Is that reasonable? I love this car and I want it! Should I do it? Or did you fellow Mylotters have the similar situation? What would you do?
2 responses
Jenny1015
@jenny1015 (13366)
• Philippines
1 Sep 12
A lot would be dreaming of having their dream cars, too. But think about this; 1. Is it something that you really cannot live without now? 2. Will the remaining salary be enough for you in a month to provide for your important needs and some extra for emergency purposes 3. Wouldn't having an insurance be much more wiser to get for now?
Arreat
@Arreat (4)
• China
1 Sep 12
ya,thank you jenney ,for the advices,Iv been thinking about it for weeks,just get lost in it,hehe ,Im not the kind see things ahead,a lot of rush here,maybe this time I really need some cool down...
Jenny1015
@jenny1015 (13366)
• Philippines
1 Sep 12
No problem, Arreat! Glad to be of help.
dan_1973
@dan_1973 (13)
• Romania
22 Oct 12
My advice don t do it. Is it your job safe is it any job safe? We all have a dream i know, i sugest to buy i car u can afford till you safe some money, payments for years maybe for your own house instead of paying the rent but not for a new car,your monthly salary is not so much, if its what u want take an extra part time job so u can have your new car. have a good day.