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> 20k income, what car should they use?

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SUSempatTan
post Dec 16 2017, 03:43 AM

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...still driving a waja...
SUSLancewood
post Dec 16 2017, 04:02 AM

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QUOTE(ikankering @ Dec 16 2017, 03:33 AM)
i open bmw website je.
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200k a month is jiken feed OK


some ppl juta juta a week.
itu bukan income.......itu songlap la.
wertty
post Dec 16 2017, 04:03 AM

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Here comes all the self consolation comments
SUSKLboy92
post Dec 16 2017, 04:10 AM

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QUOTE(ikankering @ Dec 16 2017, 03:31 AM)
omg!
u tulis panjang in /k.
we just play play je.
this is not serius kopitiam thread.
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single person malam jumaat NBTD laugh.gif

areas of personal finance always interests me.
SUSKLboy92
post Dec 16 2017, 04:11 AM

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QUOTE(Hookah Stuff @ Dec 16 2017, 03:31 AM)
Beli kereta nak mahal mahal kat Malaysia dah lah bahaya kena marking jadi mangsa rompak dan macam-macam, langgar kereta biasa nanti kata orang kaya buli miskin.

Senang, bawak kereta nasional. Apa-apa hal semua deal macam orang biasa. Nak rompak pun tak sakit hati, kena langgar sikit boleh maafkan orang jadi orang yang mulia.
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^ ni aku sappork, well said thumbup.gif
rcracer
post Dec 16 2017, 05:54 AM

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Mostly car provided by company

My company senior levels, 40-50k quite normal , expats 60k , all use what ever given , Camry , accord , BMW max
TheEvilMan
post Dec 16 2017, 06:45 AM

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I earn 2k what can I drive
haturaya
post Dec 16 2017, 07:02 AM

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Walk... healthier.
DarkNite
post Dec 16 2017, 08:23 AM

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QUOTE(KLboy92 @ Dec 16 2017, 03:23 AM)
A 360k car is the highest limit

Rules*: never spend more than 25% of your salary on transport, never spend more than 1/2 your transport bill on purchase price, and never buy a car on instalment more than 3 years

Maths: 20k x 36 months x 1/2 = 360k

That should be enough for a decent BMW. Of course, the less you spend, the better your retirement, the more you have for famiy and reserve/emergency. There's absolutely nothing wrong with earning 20k and driving a Civic or CRV.

*rules are optional and based on your own budget balancing between necessity, future and immediate enjoyment. Some other rules could also be:

Never spend more than 10% annual salary on a car; 20k x 36 months x 10% = 72k car

Never spend more than 1 months salary on a car; 20k x 3 years = 60k car

Never take a loan for a car, pay for it within 1 years' salary; 20k x 12 months x 25% x 1/2 = 30k car
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wasn't there a forummer that did a chart on car ownership and maintenance? hmm.gif
phas3r
post Dec 16 2017, 09:20 AM

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Not everybody wants attention or kena rob
thesoothsayer
post Dec 16 2017, 09:22 AM

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C Segment is alright. Comfortable enough.
SUSKLboy92
post Dec 16 2017, 12:40 PM

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QUOTE(DarkNite @ Dec 16 2017, 08:23 AM)
wasn't there a forummer that did a chart on car ownership and maintenance?  hmm.gif
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would be very interested to see that
bereev
post Dec 16 2017, 12:52 PM

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QUOTE(blacks8 @ Dec 16 2017, 01:34 AM)
Just wonder...got boss here 20k but drive axia hmm...
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they fried property and share la
arsengal
post Dec 16 2017, 01:02 PM

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QUOTE(KLboy92 @ Dec 16 2017, 03:23 AM)
A 360k car is the highest limit

Rules*: never spend more than 25% of your salary on transport, never spend more than 1/2 your transport bill on purchase price, and never buy a car on instalment more than 3 years

Maths: 20k x 36 months x 1/2 = 360k

That should be enough for a decent BMW. Of course, the less you spend, the better your retirement, the more you have for famiy and reserve/emergency. There's absolutely nothing wrong with earning 20k and driving a Civic or CRV.

*rules are optional and based on your own budget balancing between necessity, future and immediate enjoyment. Some other rules could also be:

Never spend more than 10% annual salary on a car; 20k x 36 months x 10% = 72k car

Never spend more than 1 months salary on a car; 20k x 3 years = 60k car

Never take a loan for a car, pay for it within 1 years' salary; 20k x 12 months x 25% x 1/2 = 30k car
*
Say for example, If I earn 5k, what will be the price range of a car for me? I'm trying to understand this rule.
Doomsday
post Dec 16 2017, 01:33 PM

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because rich ppl dun wanna waste money going into service center always.. rather spend the time to do productive work and earn more $$$$$$$$
POYOZER
post Dec 16 2017, 01:39 PM

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QUOTE(Lancewood @ Dec 16 2017, 04:02 AM)
200k a month is jiken feed OK
some ppl juta juta a week.
itu bukan income.......itu songlap la.
*
Juta juta but not consistent.
DarkNite
post Dec 16 2017, 01:40 PM

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QUOTE(KLboy92 @ Dec 16 2017, 12:40 PM)
would be very interested to see that
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QUOTE(arsengal @ Dec 16 2017, 01:02 PM)
Say for example, If I earn 5k, what will be the price range of a car for me? I'm trying to understand this rule.
*
found his thread maxizanc >> https://forum.lowyat.net/topic/4471362


POYOZER
post Dec 16 2017, 01:41 PM

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QUOTE(TheEvilMan @ Dec 16 2017, 06:45 AM)
I earn 2k what can I drive
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Max is Rm24k car.
2k x 12 months
bearbearwong
post Dec 16 2017, 01:42 PM

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Buy a comfortable car like theana..accord.. camry..mazda 6..high cars like crv.. etc

Each cars out there are meant for certain earning class to sustain.. be happy and comfortable with d repayments of loan..

I think anything less than 250k..
SUSPerfect.Stranger
post Dec 16 2017, 01:46 PM

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if got money, i certainly buy car for its safety...not because of flaunting it

this could be the car I'll buy.. cos too many sohai on the road..

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