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 What car to get with a monthly RM7k++ salary

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tohtiengchiah
post Jun 25 2015, 06:41 PM

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sunami
post Jun 25 2015, 06:43 PM

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TSngchuenlow
post Jun 25 2015, 06:57 PM

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QUOTE(6UE5T @ Jun 25 2015, 06:40 PM)
Then I suggest you better focus first on trying to increase your income quadruple times before having any such thoughts.
For just 7k+ salary, better just stick to your Vios or the same category. You already seem to have a good position anyway, getting a relatively new car from the company, why then waste money to buy your own car?? I tell you, having a company car is the best even though it's only a Vios!
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I thankful to my company for getting such a wonderful car.Really! I wanna to get a better for weekend drive since I am still young got long way to go and even fail easily to get backup
MeToo
post Jun 25 2015, 06:57 PM

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QUOTE(zero5177 @ Jun 25 2015, 05:56 PM)
Joined today 5.24pm, hope you're not trolling.

As a contribution, how about Audi A3?
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Gross 7k.

Minus EPF/Tax, u end up with what? 5.5k?

U wanna pay 3k for car installment? Maintenance? etc?
KilJim
post Jun 25 2015, 08:25 PM

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QUOTE(ngchuenlow @ Jun 25 2015, 06:22 PM)
How about 20% around 70k? Would I get the loans for the rest? Coz I dont willing to put more than that. Hahahaha.
First experiment would like to know more. THANKS
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Sure why not?
280k loan for the max 9 years, that's about 3.3k per month
Leaves you with 2.3k left for other expenses, sounds like the right choice to me!

This post has been edited by KilJim: Jun 25 2015, 08:26 PM
6UE5T
post Jun 25 2015, 10:05 PM

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QUOTE(ngchuenlow @ Jun 25 2015, 06:57 PM)
I thankful to my company for getting such a wonderful car.Really! I wanna to get a better for weekend drive since I am still young got long way to go and even fail easily to get backup
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With salary only 7+k, I don't think it's a wise choice for you to spend money on having such a 'fancy' car just for weekends. That is reserved for those rich people only. Unless you're ok to just buy relatively cheap (<rm50k) simple used cars and built it as a hobby.
danielisme
post Jun 25 2015, 11:07 PM

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Buy house
-cmi-
post Jun 25 2015, 11:51 PM

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Ive seen many people with good salary but really bad in spending and investment.
For ts, dont overspend your money just for the car.
With that salary at your age and current situation, you can live a pretty comfortable life if you know how to spend your money wisely.
FlamingFox
post Jun 26 2015, 12:00 AM

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Well you can just buy a 2nd hand 2 door car and modify. Fancy enough? You can definitely maintain it at your salary range.
kadajawi
post Jun 26 2015, 02:37 AM

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Yup. Buy something fancy second hand. Bad FC? Don't care. Maintenance expensive, takes long time to source parts and repair? Don't care.

Old SLK. Old Porsche. Old Supra, RX7, ... Anything. Buy cash, no need to worry about loan.

New cars are for people who need a reliable transport and thus are willing to spend more on it. But since you have got a reasonable A to B car and want something fun for the weekend... if it falls out for a weekend or two who cares.
xemoboyx
post Jun 26 2015, 03:51 AM

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nissan almera and loads of spare cash to build my weekend car.
farghmee
post Jun 26 2015, 09:40 AM

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lotus elise.
wddwz
post Jun 26 2015, 09:42 AM

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sakthis7
post Jun 26 2015, 09:56 AM

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what do u work as?
zero5177
post Jun 26 2015, 10:11 AM

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QUOTE(MeToo @ Jun 25 2015, 06:57 PM)
Gross 7k.

Minus EPF/Tax, u end up with what? 5.5k?

U wanna pay 3k for car installment? Maintenance? etc?
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Audi A3 1.4 is around 179k only haven't include discounts, installment should be below 2k for 9 years. icon_rolleyes.gif

Edit: Since TS want something fancy, Audi A3 should fit his bill for a car below 200k brows.gif

This post has been edited by zero5177: Jun 26 2015, 10:13 AM
MeToo
post Jun 26 2015, 10:37 AM

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QUOTE(zero5177 @ Jun 26 2015, 10:11 AM)
Audi A3 1.4 is around 179k only haven't include discounts, installment should be below 2k for 9 years.  icon_rolleyes.gif

Edit: Since TS want something fancy, Audi A3 should fit his bill for a car below 200k  brows.gif
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9 yrs.............

If you cannot afford a car with 5 yr loan.... you CANNOT afford the car...

Infact, I prefer it to be 3 yr...
zero5177
post Jun 26 2015, 10:53 AM

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QUOTE(MeToo @ Jun 26 2015, 10:37 AM)
9 yrs.............

If you cannot afford a car with 5 yr loan.... you CANNOT afford the car...

Infact, I prefer it to be 3 yr...
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Care to shed some light about this? because of interest?
donfutsal
post Jun 26 2015, 10:57 AM

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QUOTE(sakthis7 @ Jun 26 2015, 09:56 AM)
what do u work as?
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hahahaha me too wanted to ask the que but you did biggrin.gif
donfutsal
post Jun 26 2015, 10:59 AM

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QUOTE(6UE5T @ Jun 25 2015, 10:05 PM)
With salary only 7+k, I don't think it's a wise choice for you to spend money on having such a 'fancy' car just for weekends. That is reserved for those rich people only. Unless you're ok to just buy relatively cheap (<rm50k) simple used cars and built it as a hobby.
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@ngchuenlow : take advice from sifu smile.gif
MeToo
post Jun 26 2015, 11:02 AM

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QUOTE(zero5177 @ Jun 26 2015, 10:53 AM)
Care to shed some light about this? because of interest?
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Huh... I thought it was very clear.

IF you NEED to loan 9 years, it shows you are actually financially NOT capable of buying/maintaining that car.

5 yrs MAX.

3 yrs should be better once you settled down and have a family and is financially stable/have other responsibility.

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