You need to buy a vehicle? Your quick fix is a loan, right? Wrong! Most financial insituations don't offer 100% financing. Say you want a vehicle worth 1Million, the bank will give you 900k and you will have to raise the remaiming 100k. But with advance planning, you can raise that 1million. And even more. All you need is discipline. And note, saving is not easy! And that's the reason why it's usually considered a challenge. Saving is a challenge that one has to commit to or it will not be practically possible to achieve. If you start saving 60 months prior, and consistently save 15k and above, you will have over 900k in 60 months. With this amount, you can get a vehicle in cash from any vehicle show room. This is cheaper than the repayment you would have paid for taking a loan. Note that all the proceeds of the vehicle will be yours to keep.