Business ppl buy expensive cars to offset tax since they can claim.
Insurance on 260k car is not cheap and maintenance either.

For me if I make 50k a month I don't mind spending 3k for my car.

This is the upfront cost for car loan, there are others like


1. Insurance about RM 7,100 (assume 0% NCD)
2. Tyres run flats about RM 8k for 4 tyres.
3. Windscreen insurance, 800 per annum
4. Car wash u won't go to cheap ones anymore, RM 35 per wash
5. Roadtax should be about 2.5L or RM 900 a year (3.5L about 1.6k)
6. Petrol about 600 monthly
7. service + maintenance + parts (depending type of car) Car headlamp replacement for XC90 about near to 20k for a pair ??.


So add these monthly installment is 2700 + 590(insurance)+ 80(roadtax)+ 600(petrol) + 35(car wash) + 333 (tyres) + 66 ( windscreen insurance )= RM 4,404

The above is just the known cost, doesn't include scheduled service + maintenance + parts

The real cost of ownership is above RM 4,400.

This post has been edited by AllnGap: Jun 8 2019, 09:12 PM

nope.

tyre run flat RM 8,000 divide 24months = RM 333 per month
i havent added in scheduled service + maintenance + parts yet.

i'm talking about total money allocated for the car, not the installment alone.
my car installment RM1.4k a month, after adding insurance, service, petrol, tyres all i ended up paying RM 2,000.


This post has been edited by AllnGap: Jun 8 2019, 09:20 PM

i just give one actual example, CX5 bang ppl ass, new car sent into SC to fix, bill comes out 26k, radiator dont even bocor yet.
his NCD gone kawkaw, one year need to pay RM 2k become RM 4k. this case nvm, can claim

badluck case, kapcai come bang front area,
bumper = 1.5
front right lamp = 4k
spray = 500
total damage = RM 6,000
he come bang you, damage is worth one motorbike, but you can only claim your own insurance.
so NCD gone or you fork out 6k from own wallet ??


damn, lots of ppl keep on looking at the monthly installment alone.

This post has been edited by AllnGap: Jun 8 2019, 10:11 PM