Is it advisable to have your own car when prices of fuel still unpredictable?

Philippines
February 3, 2010 1:02am CST
Anyway for me I can 't afford it, aside from having an unstable job affected by this what they call global crisis.Upcoming price increases of prime commodities which will generate domino effect on basic goods and services.The weekly increase and decrease of fuel prices that only economist knows.What do you think my co-My lotters, please give your opinion.
1 person likes this
5 responses
@lady1993 (27225)
• Philippines
12 Mar 21
we cannot either, we have nowhere to park it in
1 person likes this
• Philippines
15 Mar 21
same here, or maybe peeople steal it
1 person likes this
• India
3 Feb 10
It depends on your financial condition if your financial condition is stable you can go on for a car. If you have decided to purchase a car then sit and decide what is your budget and what is the amount of loan can you take based on your salary. Ya as you have mentioned about the rise and fall in prices, that is very common and have to cope up with it because there is no other chance you have. The government decides the price structure. So take the best step and later do not repent for it.
• India
6 Feb 10
Ya you are right if a person is financially stable then he/she can purchase it. Well if you were to purchase what kind of car would you purchase. Kindly let me know.
• Philippines
3 Feb 10
Hello shankarbaddi, Thanks for responding on my topic.Its really true if you are financially capable go for it and enjoy.
@megamatt (14292)
• United States
3 Feb 10
Just try and limit your travels to what it absolutely necessary. Before you go out, ask your question. Is this something that I really need to do? Limiting travel can cut down on the amount of fuel that needs to be purchased. So, going somewhere for the sake of going somewhere. A car may be necessary for certain aspects, but be smart about when you need to use it.
• Philippines
3 Feb 10
I agree to your response megamatt.So one must think first if its necessary or not.Consider also the alternative to take public transport to save on fuel expenses. Thank you for your time.
@varron (453)
• Philippines
3 Feb 10
It depends upon your purchasing power or financial capacity. If you think you can purchase the car,and you can provide it with fuel daily, there's no problems on it. But, If you think that you can do it with minimal possibility, and that you made it from your loans, you better think thrice.
• Philippines
3 Feb 10
Thanks varron for your opinion.It really depend on ones capability if he wants to live in luxury.
@frosty89 (75)
• Japan
3 Feb 10
I depends or how you use your car. Fuel prices will never fall. For a short-time being fuel may drop but i believe fuel prices will increase until there is a less consumption of oil.
• Philippines
3 Feb 10
Hi,frosty.Wise judgment is really important if one decided to spend his extra money.Thanks for the comment.