I'm just about to start a graduate job in September and I want to trade in the little 1.0L car I've had since I was 17 for something with a slightly bigger engine and something a little bigger that I feel safer driving in. I'll be commuting to my new job so doing a lot more driving than I did when at uni.
However, I'm not sure whether to buy a car outright or lease it or get a loan. I like the idea of owning a car because I always worry if I lost my income (e.g. made redundant) I could lose the car. But at the same time, buying a car would use most of my savings which I want to put towards a deposit so I feel like that's not a sensible option.
Does anyone have any advice?