Tuesday, 26 Jan 2021

Second-hand car purchase led to 7 years of paying debt

When project engineer David stumbled on the chance to buy a second-hand car without down payment, he felt that it was too good a deal to miss.

David (not his real name) was earning about $4,500 a month and could not afford a new car, as he would need to pay cash for at least 30 per cent of the price.

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