Can I afford a BMW f30 with my current income?
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 Oct 16 2015, 11:43 AM
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#1
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Senior Member
774 posts Joined: Nov 2008 
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I had been refraining from replying but really couldn't stand it myself. TS, just go for the car you want if you had already done the calculations. Don't look back.
If you follow the extreme logic of some of the replies here, for example 5 years loan only & 10% of your monthly salary: A 10k salary person should only get a Myvi 1.5 Advance (RM 58k, 5 years loan, 10% downpayment, 3% interest rate & hence RM 1000.50 installment per month) |
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Oct 16 2015, 03:26 PM
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#2
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Senior Member
774 posts Joined: Nov 2008
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QUOTE(ongss @ Oct 16 2015, 03:07 PM) What is the problem of earning 10k and driving a Myvi? I know someone who is earning 35k a month and drive a Myvi. For another extreme case, Facebook CEO Mark Zuckerberg is worth about USD 20 billion. But, he is driving a Volkswagon GTI with a manual transmission and costs USD 30,415 (converted to MYR still cheaper than the BMW F30 316i). And what is the problem with you if someone wants a better ride regardless of his/her salary? http://www.businessinsider.my/mark-zuckerb...tchback-2014-1/  I know many rich people in city states like Singapore and HK don't even drive at all, they just rely on public transports. So your point is? So if you follow the scale of Mark Zuckerberg, looks like middle class in Malaysia shouldn't even own a bicycle then. |
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Oct 16 2015, 03:44 PM
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#3
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Senior Member
774 posts Joined: Nov 2008
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QUOTE(ongss @ Oct 16 2015, 03:35 PM) There is no problem for me if someone wants a better ride regardless of his/her salary. It is not up to you and me to decide, it is TS'. Different people has different priorities.The question are: affordability and priority. Life is just more than a better car. When one is not ready, better take the money to invest (e.g. house, stock), upgrade own skills (attend course, professional certifications) to gain higher income, better exposures (travel overseas), preparation for family life (not cheap to have kids nowadays). Husband and wife with total income of 9k -> cannot afford BMW + wrong priority. When I earned 9k a month, I was driving a proton wira. My excess money helps me to grow my wealth. Now, I can afford a BMW and a Merc without any worry. |
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