You're right. I am spending money.
Overall I've spent around 140k (I'm out of budget for further expenditure in this month) on this car.
Lets suppose I had sold this car in the initial rust condition. I am sure it wasn't making more than 80k in that condition. Add 140k with it = 220k.
I guess I couldn't get a car better than or at least equal to this in 220k, Islamabad number, ā100HP, and Auto transmission. In the present condition, it can sell for at least 220k?
My brother bought Baleno for 500k+ in good condition but he still goes to workshop regularly. So I thought if even 500k is not working for me than I shouldn't wait.
I do require car every day. So I can't sell it and increase my budget. The solution I have in mind is, maintain good condition of this car for keeping the selling value and make budget for the new car. Once I get around 800k, I will sell this one and lease one from bank on a year installment inshaAllah. I am open for other solutions as well.
I am Graphic Designer, income increase is expected in coming months.