how much need to earn to afford 300k car? 
Apr 11 2014, 08:11 AM
QUOTE(FindingGamerWife @ Apr 10 2014, 08:03 PM)
if i earn 20 million a month also i wont buy a 300k car.
my brains will immediately go ka ching, forcing me to sell said car immediately (maybe get RM260K back),invest in a trust fund, generating returns of RM30K per year, and buy a Myvi by taking the longest bank loan (hopefully my car cost is RM600 per month)
so the RM30K returns per year, i invest it in another trust fund, netting me RM6K per year, enough to cover my car cost
Hence, instead of losing 300k on a car, i use the RETURNS OF THE RETURNS of the price, to buy a myvi.
diew, if u earn millions u think BN won't tax the shit outta u ?my brains will immediately go ka ching, forcing me to sell said car immediately (maybe get RM260K back),invest in a trust fund, generating returns of RM30K per year, and buy a Myvi by taking the longest bank loan (hopefully my car cost is RM600 per month)
so the RM30K returns per year, i invest it in another trust fund, netting me RM6K per year, enough to cover my car cost
Hence, instead of losing 300k on a car, i use the RETURNS OF THE RETURNS of the price, to buy a myvi.
300k for a car is considered tax reduction to people who earned million per annum.
hence, they rather pay for a posh car.
This post has been edited by yamahahai: Apr 11 2014, 08:13 AM
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