2007-01-19 00:34:17 · 20 answers · asked by Suzzie 3 in Business & Finance ➔ Personal Finance
apartment for sure....first of all apartments are good investment nowadays (if you are going to BUY one) and cars prices drops down by the time....2nd privacy is such agreat thing
2007-01-19 00:39:54 · answer #1 · answered by truth_aplomb 1 · 0⤊ 0⤋
assuming you are buying the apartment, then buying the apartment is the best investment, assuming you can get to work, etc. by other means than by car. A car is not an investment. In fact I am informed that it costs a minimum of $9000 per year to operate a car. I have a friend who never owned a car [ I always did]. I had a better paying job. We are both retired and he is better off than I am - better house, better furniture, etc.
2007-01-19 00:47:07 · answer #2 · answered by william a 6 · 0⤊ 0⤋
Apartment definately.
Get on the property ladder as soon as possible.
You can make do with a crappy cheap car or public transport for now.
I'm assuming the alternative would be to buy an expensive new car, similar in value to the deposit on an apartment?
A car is a liability to own and will only depreciate in value and cost money to run and maintain.
An apartment is an investment, and is almost sure to increase in value over time. It also saves you paying rent
2007-01-19 00:45:18 · answer #3 · answered by cgibbinsuk 2 · 0⤊ 0⤋
Depends where you live...
If you live somewhere like Australia, where things are a long way apart, and public transport isn't great, a car will give you a lot more freedom, coz with an apartment you'd still need to get people to give you lifts when you want to go somewhere.
If you live somewhere that has everything you want in walking distance and/or a good public transport system, you might consider the apartment.
Also consider: the apartment gives you more freedom, but gives you far more responsibilities and costs way more.
I definately want a car first, but you are probably in a different situation to me.
2007-01-19 00:45:24 · answer #4 · answered by tgypoi 5 · 0⤊ 0⤋
It depends on what your future plans are. If you KNOW you are going to be staying in one place for the next 5-10 years then consider buying a condo. If you aren't sure then I wouldn't at this point.
Regarding the car, only buy if you can pay cash for a good used car. Don't fall into the new car financing trap. It's a waste of money.
Good luck!
http://www.personalfinance101.org/?utm_source=YH&utm_medium=link
2007-01-19 03:48:15 · answer #5 · answered by personal_finance_101 3 · 0⤊ 0⤋
Apartment first, car can follow.
2007-01-19 00:36:46 · answer #6 · answered by Anonymous · 0⤊ 0⤋
I would buy a car unless the apartment is within walking distance of your place of employment (or accessible by public transportation).
2007-01-19 00:36:39 · answer #7 · answered by Asker 1 · 0⤊ 0⤋
Car unless you have another form of transportation from the apartment.
2007-01-19 13:25:15 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Car unless you can get an apartment within walking distance of the places that you need to go.....such as school, work, friends houses, etc.
2007-01-19 02:37:43 · answer #9 · answered by JustPeachy !!! 5 · 0⤊ 0⤋
i'd buy a car first. so that when i have my own apartment, i can drive back to my old house when i want to.
2007-01-19 00:48:27 · answer #10 · answered by majj 3 · 0⤊ 0⤋