CAR PURCHASE AFTER LEARNING OUT, THE ERRORS?

Some say that buying a car is a big mistake for new graduates today.

The question is, to what extent the truth of this statement?

Especially with all the graduate scheme unnecessary down payment and do not need a guarantor. The majority of us know that, when there is no down payment, monthly payments will be automatically high. Bank interest even higher.

In any case, before buying something, we have to take into account the financial status of self. Each should review the net value ourselves.

In general, new graduates who completed their studies will start life from the negative financial. Yes, negative! That is, we graduated and started working with debt.

Take the example of public debt that a graduate holds. * If the debt of graduates now more expensive private institutions.