Your dream carAdvantages
1. Given the horrendous state of public transport in the Philippines, having your own car gives you the advantage of moving from one place to another when you need to, minus the hassle of lining up and getting stressed out in traffic.
2. Having your own car eliminates logistical problems whenever traveling in groups. There's no more need to meet up in a different place and commute together to your destination when you can just pick up friends or family and go straight to where you're heading.
3. A car is a mobile status symbol, a statement that you're serious about your money and you've made it far enough to invest in big things. Also, it's probably a lot easier trying to look "cool" when you have your own car, right... ?
Disadvantages
1. Along with a new car comes a long list of things you need to spend for. Aside from the hefty car insurance, there are also the occasional trips to the casa for maintenance and repairs. It's enticing to pimp your ride with accessories, but they also come at a price.
2. Unless you have your own driver and the patience to get stuck in traffic, maneuvering on your own on the busy streets could be a taxing ordeal.
3. The price of a car depreciates over time, and as the vehicle grows old it becomes riddled with defects. If you're planning to sell your car for another one, it will take an insane buyer to get it from you at a higher price.
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