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 -= myforte - naza kia forte owners club =- V8, Leaves You Speechless

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Chyan
post Aug 9 2010, 04:05 PM

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How much you need to earn to own a Forte if no other commitments? laugh.gif

This post has been edited by Chyan: Aug 9 2010, 04:05 PM
Chyan
post Aug 9 2010, 04:32 PM

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QUOTE(XionCity @ Aug 9 2010, 04:06 PM)
no commitment, but hv guarantor or not?
if got, 2k ald enuf....
since u gt no gf, no own family(e.g. with married with wife), no credit cards, no debts from banks
*
Just asking out of curiosity. biggrin.gif

Serious? 2K? I though more than 4K.
If like that how's the monthly installment eh?

This post has been edited by Chyan: Aug 9 2010, 04:34 PM
Chyan
post Aug 11 2010, 12:52 PM

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QUOTE(StarGhazzer @ Aug 9 2010, 05:54 PM)
Depends on how much downpayment you can fork out, how much are you willing to pay every month, how long is your car loan.

Never say "no other commitments"... even though you may not have a family to support at this stage, you're better off putting money aside for future purposes eg buying property/getting married/raising kids/emergencies.
Not that it is any of my concern, but generally speaking it's not advisable to spend a huge chunk of one's salary on a car as cars are, unfortunately, assets that depreciate the very moment it rolls out of the showroom. In your case loan + fuel is already >50% of your salary... and that's not including things like maintenance and insurance etc.

Save for a rainy day, mate.
*
Thanks for high-through-the-roof answer mate. I know better now. biggrin.gif

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