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Starting A Car Fund

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A few months ago taking the bus to work and back started bugging me to a very high extent so that’s what compelled me to start taking driving lessons.  At the time, I was contemplating quitting my job but it was either that or staying in that job and taking a car loan on September.

I’m really glad I decided to quit the job and not take the car loan.  That said, I have been thinking about cars again, so I think it’s time I start a car fund.

The Hyundai i10 is what I’m thinking of going for at the moment.  It’s a small car, and it scores considerably high on fuel consumption.

That’s pretty much what I’m looking for; something simple that gets me where I want to go, and something that saves me from paying for fuel every 5 minutes.

Ant’s mum has a Hyundai i20.  It’s has a very pretty exterior, but according to her the interior feels a lot like the i10 because they hired an i10 a month before they bought the i20.

Price is a huge thing though, an i10 costs less than SCR200’000 (it’s approx USD16’500).  While the i20 is close to SCR250’000 (about USD20’000), full options.  I feel the i10 has an extremely simple exterior, possibly too simple for my liking but the pros far outweighs the cons at this point.

Back to the car fund idea, I have absolutely no idea how to start it.  USD20’000 is a b*tch to save up to in this economy and with the cost of living in this country.  I wonder how long it would take? I can’t take it off my main savings, it’s got to be something on the side.

There’s also the option of buying a second-hand car.  The worst thing about used cars is that you can bet your bottom dollar someone’s had s3x in it and you’ll be driving around in a car that’s been “christened” by someone else.  Now that’s pretty gross.  That, and used cars don’t have the new car smell.  You know the smell that new gadgets have? Yeah that.  That’s really tough to give up.  But it really does come down to what I can afford.

Let’s not forget cars come with all kinds of additional costs like tax and insurance.  Anyway, we’ll see how that goes.  I’ll set aside a small car fund starting today.

Related posts:

  1. Scam of the Day: APPROVAL OF YOUR FUND VIA ONLINE TRANSFER
  2. Driving Lesson #7: Clutch Control
  3. Driving Lesson #2
  4. Scam of the Day: CLAIM YOUR FUND OF £18,000,000.00
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    WYSIWYG! I'm a simple person trying to live the simplest life possible - it seems to be the most difficult thing to achieve! I'm an internet enthusiast and I've been a webmaster since early 2007. I like: blogging, developing sites using open source software, social media, computer games, '80s music, comedy & horror, animals, crunching on M&Ms peanut and Smarties!
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