Just wonder...got boss here 20k but drive axia hmm...

god car

Seriously if you earn 50k a month, you don't think about driving car but rather have someone chauffeur you.

supirma s
owai

Make senses how he got 20k

I got ang mo businesswomen customer, very big she open the company here and around 100++ staff she hired, she is caring among all her staff, and the most surprise me is she drive Axia.

U think 50k per month now so rich?

no more axia.
give to brother.

new myvi g spec auto red

Should? Safe and comfortable cars.

u should said, one of her car is AXIA .....

axia e is good.
no need to worry if banjir.
can buy another one.

bezza for uber

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

This post has been edited by KLboy92: Dec 16 2017, 03:28 AM

new myv for sure then brag about tngo reader

U guys bagi dapat dulu 20k salary

i know someone more than 200k/mth that i know of drive A45,Cayenne,X6,SL600 and a couple more cars i cant remember.

omg!
u tulis panjang in /k.
we just play play je.
this is not serius kopitiam thread.

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.

i open bmw website je.

s90 t8 seems good.

...still driving a waja...

200k a month is jiken feed OK


some ppl juta juta a week.
itu bukan income.......itu songlap la.

Here comes all the self consolation comments

single person malam jumaat NBTD

areas of personal finance always interests me.

^ ni aku sappork, well said

Mostly car provided by company

My company senior levels, 40-50k quite normal , expats 60k , all use what ever given , Camry , accord , BMW max

I earn 2k what can I drive

Walk... healthier.

wasn't there a forummer that did a chart on car ownership and maintenance?

Not everybody wants attention or kena rob

C Segment is alright. Comfortable enough.

would be very interested to see that

they fried property and share la

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.

because rich ppl dun wanna waste money going into service center always.. rather spend the time to do productive work and earn more $$$$$$$$

Juta juta but not consistent.

found his thread maxizanc >> https://forum.lowyat.net/topic/4471362

Max is Rm24k car.
2k x 12 months

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..

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..

but i wan 240k car

when u have high saving.
u don't worry about high price spare parts import anymore.

I know idiots who earn 10k wanna act rich drive BMW

Salary 2k, car 80-90k...

Quite normal in msia

luxury D segments

then have another which is for guilty pleasure, some coupe kind

i believe 20k ppl can buy bmw 1 series je.

Multiple cars, but always one b-segment honda jazz equivalent to buy sayur at mkt or go to dodgy place.

Nice car(s) for work/weekend use.

I guess with 20k monthly income I would buy one which is comfy and has good safety features but nothing too expensive. Maybe CRV or Camry level the max limit.

i like this thread

IKEA's big boss

haha same here it's a depreciating asset anyway.

This post has been edited by heavensea: Dec 16 2017, 02:44 PM

ultimate super sport sticker myvi passo boon that cannot give signal

this is just kopitiam rule lah, simply what people say - your salary should be split about 5 ways:

-1k rent + house maintenance
-1k food
-1k misc expenses (phone, insurance, internet, entertainment, etc.)
-1k savings
-1k transport, divided into toll, petrol, parking and car instalment and maintenance

if other expenses take up say Rm500 of your Rm1,000 transport allocation, then you have only Rm500 x 12 = Rm6,000 to spend on a car a year

you should try to pay off a car within 3 to 5 years. So your range should be from Rm18,000 to Rm30,000.

TMJ disagree.

if you no got rotary engine car when you earn more than 10k, you are a shame to car culture

meaning if 1k basic can buy new myvi g spec ?

Ofcosuh... got pama right?

hahahaha.i like.

Nissan sunny or datsun

Maybe your friend got side income.

Wow this tered ribut...u guys love isnt it

55k latok ride basikal in some kampung in negri sembilan
every morning go kopitiam drink kopi o tok kok sing song with his other 35~85k old moto riding latok and ah ma

all business buang kat anak buat

btw legit also 120k melei latok in johor all day sit at home every friday go walk to pray then to bank take money one
yes literally WALK

jibai i work all day this latok get to sit at home goyang kaki

This post has been edited by Lada Putih: Dec 16 2017, 10:12 PM

Yes when you have 0 commitment

Patik bersalah

don't think so, anybody can guess that they bought a second hand BMW

Asian mentality. Rich. Have to shew off......

Personally, i think car ownership should be based on net assets.

I think a car should be approximately 6% of 6% of your net assets

so if you have Rm12 million, 6% of 6% of RM12 million can buy a myvi

I earn 20k a month. My car only 2nd hand swift.

I have 5 properties at age 31. Can consider semi retired dy.

i think it is up to them to buy what car no matter how much they earn
as long as they don't trouble people
and bank is happy

i poorfag drive saga sv only, most of the time drive it to lrt station only

20k drive axia kena questioned
How bout 2k drive godcar use godphone?

so, the options are usually a second hand or axia, iriz 1.3mt at best. This is if I were to stay in the healthy budget range. alright2 thanks bro

2 week after gaji eat mee segera.

20k income? Drive Honda Accord.

Only showoffs and lansi chai will drive Lamborghini on 20k income or Mercedes Benz C class on 5k income.

The western school of thought is that the type of car you drive does not matter as long as it is safe.

The Asian school of thought, the more expensive the car, the more angin. Safety is not a concern as long as the brand and price tag is expensive.

The African American school of thought, see Asian school of thought above.

20K is entry level.
You don't need to open new thread for such entry level income.

As other members mentioned, entry level income should have entry level high class car like Perodua Axia.

those below 250k.

true...interesting..i will just pin it up and see how this works in my finances

yes..it is self enrichment genre which can always improve oneself, me & /k included



wow.correct..for me i only consider two- misc expenses and savings.

coz other doesn't apply coz i am staying at parent's place and ride motorcycle.

not saying i am kedekut but just is my house is in middle of building it at a land i bought some time ago

untung..hope we can be like you sometimes. got to working my asses off
wealth is made by our own effort

20k income tapi deduction 15k baik lompat 14th floor je

Saya got RM70K a month, aso drive alza saja..

Shit always happen to people who enjoy showing off their income. I know many earning more than 20K but driving old 20 year old cars. Low profile is the key.

20K income, no need to show off by driving an expensive car as car is a liability; the money is better used to buy money-making assets like properties or invest in stock market.

20k is not much for fancy car.

but 2k a month bulan bulan can pay bmw oredi.

still have 18k

I know someone who has 4 houses and tons of money in his EPF ac n drive an axia; b4 this he drives a viva.

You guys do know that most girls are not into cars, right?

The reason why luxury cars are such big business is because mostly only men buy them to show off their epeen.

Girls are more impressed by the size of your home than the car you drive. You will need to take them home someday and when you do, make sure your home is more impressive than the car you drive or you can say bye bye to the girl.

Big house in an upmarket location will impress most girls. Why do you think the top 1% throw house parties and invited their friends over? To impress the girls.

Girls are hardwired to want guys who can provide and nurture their future offsprings. A large comfortable home is more desirable than a luxury car.

Just my two cents.

This post has been edited by friedricetheman: Dec 18 2017, 12:57 PM

20K take 5K buy Kancil case settled. No need installment, petrol saving, space saving and easy to drive.

20k income tapi drive car with no safety features.
Bila accident say kehendak Tuhan.


Amirite?

Safety comes first hence most top 1% will drive a Honda Accord or its Toyota equivalent.

this.

so new myvi and iriz entry level

Cars is not a measurement of wealth.

So a fresh graduate who has 0 assets have to work 10 years and if his average salary is RM5,000 and he save 1/2, only can save RM300,000 x 6% = RM18,000 <---- so he needs to work 10 years and save 50% of his gross pay, and then when he is about 35 years old, only then he can afford to buy a Axia ?

maybe he has multiple housing loans. That's why the axia

different ppl different requirement. your boss maybe just get from point A to point B.
but his house is Semi-D?

Yup.

Large landed property in an upmarket address is a better indicator of wealth.

I have lived in Cheras and have seen more luxury cars parked inside single story terrace houses and middle class apartments than you can shake a stick at.

Even my next door neighbor drives a brand new Audi A4 while his wife drives a Vellfire. Both cars take up their whole driveway in their single story terrace house.

The house looks run down and sorely needs a paint job but I guess that family prefer to spend on cars than to spend on their home.

no.

now we can go bank for car loan.

work 6month can buy civic.

Semi d is just too small.
double d is the way

at least buy a car with good security features

meaning when income up.
more money for safety car.

No you dont.... my best friend earn around 150k a month. and he just got alot of car and no chauffeur ...

Hakk TUI...Salary 20k.

go sell thing

kancil

buat apa 150k? inland revenue board loves him veli much