Economy, asked by adityagupta7350, 1 year ago

Analyse your financial situation and evaluate the need for a vehicle

Answers

Answered by obedaogega
1

Answer:

My financial situation cannot allow me to afford a vehicle because I cannot fund it.

Explanation:

First acquiring and owning a vehicle is too much expensive for me to afford even if I took a loan I do not have a job or a means of paying back the loan so as to acquire the vehicle.

Secondly the cost of maintenance of a vehicle is too high where service and spare parts are involved after purchase so as to keep the vehicle in a road worthy condition.

Thirdly, as the cost of fuel is increasing the vehicle will end up being a liability instead of an advantage because I will need to fuel it.

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