|
My situation is quite similar to yours.
Graduated 6 months ago debt free cuz of parents and I always wanted to get a car (Working fulltime now and making a decent salary). I got to use my parents car during my university life (parents live in HK). I used that time to save up as much as I can while working PT with odd jobs here and there. Parents decide to retire when I graduated and move to Van permanently so I had to return the car to them. With the money saved during school I bought a used car (one payment) and now i'm putting everything I earn in a TFSA, RRSP/ other savings so I can pay for my parents next vacation. I will probably still live at home for another 2 years and once I can afford the downpayment i'd be outta here.
Don't buy a new car as its really not the best option for you yet.
|