How much do you earn a month...

[Throttle]

Bro, damn rich people can buy a brand new Porsche with cash but I can only afford to buy a Japanese Sports so I guess I'm still far far far away from that position.

 

anyway it's all relative and sometimes one gets more fun and satisfaction out of an old GTO compared to a new Evo.

 

Cheers

[wallace996]

Well what can i say, for some one who own a car and earning 3.5k a month but spend 1.5k on his car compare to me earning 2.5k a month but only spend like 400 bucks a month on my cheap altantic Feels so less financially burden and can buy anything i want without much thoughts... Last time when i bought my super 4 i only installment from my friend 6 months, in the end i have to pay monthly installment of almost 1200 a month which is equavilent to owning a car (havent add in all other costs )... I was so hard up on cash every end of month that i decided not to own a car dont want to go back to those days again when i have to think twice whenever i want to buy something.

 

Not to mention that whenever travelling on peak hours on CTE i am 5 times faster than them... Not to mention the ease of finding parking lots in crowded places...

 

But during raining days and sunny days And whenever i see motorbike accident on expressway

 

Bottom Line is dont get yourself financially burden to the extent that you cant do the things you want buy the things you like.

 

DRIVE TO WORK not WORK TO DRIVE!!

 

PS: still wish to own a car though... wait till i have higher salary ah... haiz

[Throttle]

well said wallace

[Guest doremo]

my bro tot of asking me to buy a car together. hmmmm

[Throttle]

Only if your relationship with him is great and that responsibility is fairly split, otherwise sure end up quarrelling

[Skunk]

Originally posted by Throttle@Dec 7 2005, 05:44 PM

Only if your relationship with him is great and that responsibility is fairly split, otherwise sure end up quarrelling

yalor...very difficult....esp since buying and maintaining a car is not just a ten, twenty dollar affair...

[wait4me]

comfirm quarrel wan with bro

wait both need the car??

both have strong reasons to use the car ....

than explode liao

[LordDraco]

When you are single. Earning more than 3K and use around 1.2k to pay for car. It may still affordable.

 

But when you are married, with Kids and etc ... household income is around 6k and use around 1.2k to pay for car. I think it will be a bit tight.... and both have to be working all the time.

 

Just need to calculate and do it with your best mean. I think it is always good to have spare $$$ in pockets.

[Throttle]

To add on to Draco's,

 

even when single earning only $3k ++ must be careful about buying car.

you need to make sure that you have saved some backup cash first.

especially since most people buy a car with more than 50% loan.

 

those who buy a bar with 100% loan better have a well-calculated plan or sure lose money super big time. dont bite off more than one can chew, thats basically what we have been repeating.

[LordDraco]

Originally posted by Throttle@Dec 11 2005, 05:43 PM

To add on to Draco's,

 

even when single earning only $3k ++ must be careful about buying car.

you need to make sure that you have saved some backup cash first.

especially since most people buy a car with more than 50% loan.

 

those who buy a bar with 100% loan better have a well-calculated plan or sure lose money super big time. dont bite off more than one can chew, thats basically what we have been repeating.

right... it is not wrong to take up loan with interest.

 

Just do within limit and not over sketching the pocket should be fine. With spare cash for rainy days ... that will be the best.

 

[mAtcHz]

still think tat full cash downpayment, will be the great idea.

[marvypower]

Originally posted by doremo@Dec 6 2005, 08:02 PM

my bro tot of asking me to buy a car together. hmmmm

I should say....

different families have different kinda sibling relationship...

It really varies...

 

I dun really like to drive unless its raining

so I'll always ask my sis to take my car...

really dun like seeing it lying alone in the car park...

But she finds it troublesome and rather go public sometimes...

[Throttle]

Thats true of course. it varies.

 

but the situation is probably very different for you marvy.

I reckon if it's your car, your sister didnt pay for it.

also it seems like she either doesnt go out much or she dreads driving for various reasons as you have pointed. You are kind enough to let her drive since you already expressed your preference to ride. therefore certainly no conflicts in your case.

[marvypower]

Anyway, I feel that car rental companies are being greatly hit by the lowered COE prices....

Ppl are buying cars not becos there's a real need, but becos the price is good...

for first timers, guess it'll definitely be good to find out wat other overheads are there to maintain a car in Sg before getting one.

[Guest doremo]

we be sharing bike n car together. still discussing.

[Guest cheeko]

Duno is it appropriate to post here or post new thread

 

But anyway here's the question, how many months can u fellas here survive without a job while still got a car to maintain

 

For me i no need to worry as i got no car, only a little honda cub

[Throttle]

Not an issue for me as i always budget properly. Car is almost fully paid anyway.

But if got no job then it may not warrant me driving a car of that price.

So maybe get a cheaper Jap car loh..

[Skunk]

hmm....the only way i can be out of a job is total paralysis haha....by then no need to drive liao loh....

[Throttle]

choi, touch wood, bro...

 

[comics00]

Originally posted by LordDraco@Dec 11 2005, 05:35 PM

When you are single. Earning more than 3K and use around 1.2k to pay for car. It may still affordable.

 

But when you are married, with Kids and etc ... household income is around 6k and use around 1.2k to pay for car. I think it will be a bit tight.... and both have to be working all the time.

 

Just need to calculate and do it with your best mean. I think it is always good to have spare $$$ in pockets.

to enforce Draco's point,

 

to spend ~$1k per mth on car, i householdn income ~$10K also find it very siong. still need to save for kids education, retirement, emergency cash & for other things in life like oversea holiday, hobbies ect

[Throttle]

Wah my monthly cash expenditure for car is about $2000 :-

 

$1480 instalment

$300 petrol

$200 parking

 

But got no children at this stage, so not so bad lah....

Still have properties and others, xiao liao...

 

how to have children like that?

[Skunk]

Originally posted by Throttle@Jan 3 2006, 05:26 PM

Wah my monthly cash expenditure for car is about $2000 :-

 

$1480 instalment

$300 petrol

$200 parking

 

But got no children at this stage, so not so bad lah....

Still have properties and others, xiao liao...

 

how to have children like that?

children r cheap haha

 

food: feed leftovers from your plate

drink: leftover beer from last night's party

education: join local street corner gang for lastest in survival/suicidal skills

housing: if small enuff just put in a box n stuff under your bed

pampers: use wifey's leftover pad lor kekeke

 

solli

 

my car is cheap too, like everything else in my life, monthly total only $1.1K

[andy75]

wow..total only $1.1K permonth for yur car

[E.V.ilyn]

Originally posted by Throttle@Jan 3 2006, 05:26 PM

Wah my monthly cash expenditure for car is about $2000 :-

 

$1480 instalment

$300 petrol

$200 parking

 

But got no children at this stage, so not so bad lah....

Still have properties and others, xiao liao...

 

how to have children like that?

 

if you don't have the car you can hire me full time liao...

[Throttle]

Everybody starts at the bottom (except silverspooners)...but just do your part and you'll be able to acheive what you want. I wish us good luck...