The most common purchase I see when lads start earning money:

Mercedes C class (on finance)

After some short research I found the costs..

Let& #39;s analyse themhttps://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">

A basic C class could set you back about £34,000.

This means that your finance plan will be looking for a deposit of around £3,400.

Based on 5.9% APR the monthly payments over 48 months could be £490 p/m with a final payment of around £12,300.

But what if you invest instead?

£3400

Let& #39;s say you need a car anyway so you use this money to buy a second hand car instead

That leaves £490 per month + £12,300.

Over 48 months that is:

£35,820

If you were to invest that sum,

Let& #39;s assume a 7% average growth rate per year.

And assume you deposit the £12,000 right away.

This is what you could be looking at:

£109,442.23 - 10 years

£305,207.91 - 20 years

I know where I& #39;d rather put £490 a month.....

For all the yanks out there,

Here is the exchange rate.

£490 = $630

£109,400 = $141,000

£305,200 = $393,349