Any good car sharing scheme around?
Yea... tell us where to find such car sharing scheme...
If one is a family man, $3.8k gross also not enough. :cry:Generally speaking, one need to be able to take home 3k CASH before deciding buying a car with some decent saving per mth... tat would be a safe margin to work with....
Another words... your gross should be around 3.8k per mth...
If one is a family man, $3.8k gross also not enough. :cry:
Generally speaking, one need to be able to take home 3k CASH before deciding buying a car with some decent saving per mth... tat would be a safe margin to work with....
Another words... your gross should be around 3.8k per mth...
I have to disagree. Nobody said that you have to buy a car over $50,000 for everything to be over 1k per month. You can always get a sub-$40,000(including COE) small car for a basic point A to point B travelling if you don't mind. Cars like Picanto, QQ or Sparks or Kelissa is great value for money, simple and bare essential for travelling cheaply.
Let me calculate for you:
Non variable
Installment per month: $450<
Road Tax: $50 per month (Small cc, low road tax)
Variable
Insurance: $90 per month (Cheaper per year if no accident)
Petrol: $50-$70 per month (Small car is more efficient)
Season Parking: $80
Other Charges & Parking: $50
Total about: $770 a month
Buying a $40K car, I think most people can easily pay by cash as most should have a saving of at least $50K by a few years of work after graduation... So, it will be lesser than $770 per month/
50K!! after a few years after garduation?? wow... either e person have no other fixed expenses or e person is very lucky to get a high starting pay... :dunno:
I have a fren who graduated from a poly and he saved $30K for his further studies in a few years time by saving consistently each month, no movies, no overseas vacation, no girlfriend.
car = save time!
how abt motorbike then?
Care to elaborate, Bro?Let's wait till the MRT circle line complete and see if the prices of car goes up... my guess is that it most probably will... hiaz...
Why not? If he can sav $10K per year, in 5 years time, it will be $50K. With 13th month and performance bonus, each month, the guy only needs to save around $700 to reach $50K in 5 years.
Is $700 a month a lot???
I have a fren who graduated from a poly and he saved $30K for his further studies in a few years time by saving consistently each month, no movies, no overseas vacation, no girlfriend.
Sounds like a monk...
No wonder SG birth rate declining. :bsmilie:
Doesn't he need to give parents allowances, pay for utilities??? or is he still taking pocket money from his daddy / mommy..
Also when u meant a few years... how many is that exactly?
Why not? If he can sav $10K per year, in 5 years time, it will be $50K. With 13th month and performance bonus, each month, the guy only needs to save around $700 to reach $50K in 5 years.
Is $700 a month a lot???
I have a fren who graduated from a poly and he saved $30K for his further studies in a few years time by saving consistently each month, no movies, no overseas vacation, no girlfriend.
Care to elaborate, Bro?
I think such cases are exception rather than the rule. And also, other than the civil service, I don't think many private companies pay performance bonus. Some don't even get their bonus, let alone performance bonus.
Well, like i said earlier, LTA encourage singaporean to use public transport rather than each buying a car...
So when circlr line complete... it will take MRT transportation up a level of conveniency... so LTA probably expect more singaporean to take public transport... when circle line complete, it make car owning becoming more of a luxuary than neccessity (which is already the case now, circle line will only reinenforce tat fact.)
But of course, LTA could not stop people who still want to buy car... so they will deter from them as much as possible from buying by raising some of the costs in maintaining a car... like the COE, ERP, road tax etc. thus eventually pusing up the total cost of maintaining a car...