Something that cost between 50-80k.

forte about 80k++

you'd be paying about 850-950 per month depending on interest and loan-length of course...

if u dont have other commitments then 3k a month is good enough.

hi gurus,
me planning to buy a 75k car..
1)is it better to pay 10% downpymnt or better to pay more downpayment (i can afford to pay until 20k, but have to fork out from savings la)
2)is it better to take 9 yrs loan (and try to finish earlier, say like after 5/7 yrs) or is it better just take the 5 yrs loan?
btw i'm earning around 4k/mnth, i do need a car, and expecting 1 st baby in august
the interest rate for 9 yrs loan ard 2.86% p.a..dunno for 7 yrs

haha..u know la which la..the soon launching

I agree with 15% of monthly, but within reason la. 15% when you earn RM 10k / month sure np, when starting salary is like RM 2-3k, 15% a bit crazy la.

But I don't understand why "guru" say max 5 year then say better to invest. If you take 9 year, you got more money to invest...

Sigh I don't know la. I was a bit silly last time. Fresh grad, earn 2.5k go buy City, 7 year. 1k / month go to car. But Ok la, I need to travel for work. So allowance mostly cover my car.

But honestly la guys, if you got car that running well and you like, dun simply chg2. Depreciating asset is the worst...

And if you have the investment or saving attitude, I recommend better to take longer loan so more money can go into savings. Interest can offset some of the cost of your loan that way.

Just my $0.02 la...