Business

The cost of car ownership

Monday, April 07, 2014

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Peter recently came into a little extra money from the sale of some cattle from his late mother’s estate. He wants to buy himself an asset with the money. His friends have their own cars so he wants to buy himself a car.

Question: Is the car purchase a wise decision?

a) Will Peter afford the daily running costs?

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The cost of car ownership

Peter recently came into a little extra money from the sale of some cattle from his late mother’s estate. He wants to buy himself an asset with the money. His friends have their own cars so he wants to buy himself a car.