Is it time?
Wants are different to Needs. But when it is time to turn the dream into reality you need to set the emotions aside and approach the purchase like a general heading into battle.
Whether it is a vehicle for the water, road, or off road if you are negotiating with a dealer, speaking to your finance broker can assist in the long run.
You may be in a position to purchase outright with Cash and avoid paying interest but the disadvantage is that those funds can take time to save and then you are depleting your rainy day fund.
Buying a consumer asset with finance can mean you are able to buy a newer and higher quality vehicle that you could not otherwise save for, and by managing your regular repayments you are building up your credit history.