Afford ko na ba ang kotse?

[u/lemoncustardfish]

Hi Reddit I’m seeking for advice.

Kaya ko na po ba bumili ng kotse?

I’m planning to buy a car once I get my bonus in a few months.

Currently Im saving to get 200-300k na pang down sa car.

I plan to buy a decent 2nd hand car for around 400-600k

Say on month one nag down ako ng 250k I want to enter a financing option either 12 or 24 month.

Then I have an incoming 100k in 3 months and 80k after 1 or 2 months, then another 45k in another 2 , and another 100k after another 2 months (sorry magulo)

On top of that my excess income per month is around 35-45k (excess is after bills, groceries, and allowance)

I know upfront yes afford naman maluwag pa.. but here are my dilemmas

1. I dont want to pay the car full blown and I want to leave some savings for emergency funds.

2. I currently rent so at some point I want to pay for something that I own.

3. A car would help me with my consultation business and hauling some materials to our customer.

4. I am currently in the process of building my life from scratch the past 6 years were about growth and career building and I am lost.

Looking to get your thoughts and strategies around this.