QUOTE(lancerie @ Jul 5 2012, 06:38 PM)
Hi guys, im 24 and i've only come into the society like 2 years plus, make enough money for survival and also saving,
my dream car is the Scirocco, even only for the 1.4 TSI, but i wonder with my current income, is it possible to own a Scirocco of my own? i make 4 almost to 5k a month currently.
i've heard the salesman in VW saying that, the 1.4 and 2.0TSI will be discontinued and it is very hard to find them brand new now, as only the R is available, make me feel no hope alrdy, rocco R is like what? 280k, imposible for me T.T......
any feed back seniors? thank you.
It's tempting, but with your income you'll need to stretch out your loan to 9 years and end up paying a ton of interest.
Some people will give you the excuse that "life is too short, so you should go for it". Bur remember that buying this car and using more than half your income to pay for it will cripple your savings, affect your lifestyle, and delay you from buying an even better car in the future.
Financial advisors often say you should never spend more than 15 - 20% of your income on car payments - which means it's not ideal for anyone earning below RM15k to drive a Scirocco, even if they can get a loan for it.
My opinion: buy a cheaper car first. Save up your cash. Then after a few of years, when your income is higher, sell off the cheap car and buy a Scirocco R straight