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

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

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

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

Quite normal in msia

Alahai perasannye padahal ko punya cerita semua bs cool story je

How bout 2k drive godcar use godphone?

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

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 ?

don't be surprise some pretty rich fags drive national car. some don't believe to spend the hard earn money on expensive car and value depreciate every year.