what will you buy first, a house or a car?

Philippines
February 26, 2009 4:17am CST
if you have enough money to buy one of them, which will you buy first, a car or a house? why? car is a necessity most of the time especially if it is hard to commute while there are a lot of houses for rent. but the house is more important or more investment value(?) than a car whose value goes down after use. what do you think? cheers!
1 person likes this
11 responses
@jenisky (406)
• Philippines
26 Feb 09
i will prioritize first the house over the car.i dont want to rent a house and always think about its monthly rental.and besides its really a good investment.without the car i can still go anywhere by just commuting.
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@lazeebee (5468)
• Malaysia
26 Feb 09
I would buy a house, as it's an asset and it could appreciate in value, whereas a car is a liability, and would definitely depreciate.
• India
26 Feb 09
i don't think i will buy either a car or a house with my own money. I will always go in for a mortgage to buy both. and repay in small sums. i will go in for the car first as I can pay it off in 4-5 years then i will go in for the house as it will become difficult to pay for both simultaneously.
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@warrior_777 (1392)
• Philippines
26 Feb 09
I will definitely choose to buy a house than buying a car. When it comes to priority then it come to have an own house is one of the top priority for most people. If I already have my own house then thats the time that I will also want to have my own car. Cheers..
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• China
26 Feb 09
of course,i will buy one house,if no house,only one car no means,how can you live,sleeping in car? .......................everybody hope can earn more money,buy house also buy one car.it is many people's dream.........happy mylotting and have a nice day.
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• Philippines
26 Feb 09
We have acquired a small townhouse through a housing loan. We chose one near the highway so we won't need a car since transportation is available here 24 hours. If ever we have the resources to buy anything of value, it would be a house. I'd like one with a wide backyard for some fruitbearing trees and vegetables and a frontyard for a flowergarden. By the way, my husband and i don't drive. One car less from the heavy traffic equals less pollution and that's our contribution to planet Earth.
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• Philippines
26 Feb 09
I will buy a house because we're just renting a townhouse unit. We can commute and I don't have a problem with that.
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@maximax8 (28558)
• United Kingdom
26 Feb 09
I know from personal experience a house is a far better investment than a car. If a person has cash to purchase a house the won't have to find payments for a mortgage. If a person gets a mortgage then at least the house will be theirs one day. A mortgage can last twenty five years or so. Renting is great for the short term but long term it is money wasted compared to a having a mortgage. A new car goes down quickly in value and will not last long compared to a house. In my home country most cars last ten to fifteen years or less. A house would last a lifetime and beyond.
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@chaitra001 (3278)
• Bangalore, India
26 Feb 09
Hi my first preference goes to house because after using car the value of it comes down but in case of house if the area improves well the value for house also increases so my first choice is house it will also be a property for us.
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@Ravenladyj (22937)
• United States
26 Feb 09
Thats easy for me LOL since I dont drive it would be a house of course...
@abcnadz (461)
• India
26 Feb 09
i would defenitely buy a house .