QUOTE(FlamingFox @ Aug 26 2007, 01:35 PM)
Cayman SIs the price of Cayman S in that site reliable? If it is, I wonder:
After converting that price to here, it's only RM200k+, and over here, we see lots of BMWs and Mercs with price tags of RM300k-RM500k+. And why do foreign people still say a Porsche is expensive and they can't afford it? Over here, the price is about RM650k.
I can say something on the US side, can't comment for the Brits/Europeans. The average salary for a family in the US for example is still less than US$50k per year, which after taxes translates to less than US$3k per month. Most people don't make enough to even afford a new Honda, much less a Cayman.
Second, you're looking at the base price of the Cayman. Add a lot for options and sales tax. Final sales price will probably be in the $60+k range. Financing is not as cheap as Malaysia, around 6-20% interest rate depending on your credit report.
Next, insurance. Insurance in the US is based on the type of car, your driving record, your age, where you live, your credit score and a whole bunch of other stuff. If you live in one of the big metro areas in the US, expect to pay a *huge* amount for insurance per month if you're young and single. Where I stay, it'll probably be up to $500 per month for insurance alone.
Add maintenance (wear and tear is very expensive for a Porsche), gas prices at $3 per gallon and everything adds up very quickly. Even if you paid 20% down, you're still looking at paying around $2k per month for the Cayman for everything.
If you're a Harvard MBA earning $200k a year, you can probably afford the Cayman. The typical IT engineer earning $50-60k a year can only dream of it. Cars are more expensive in Malaysia, no question about it. But it's not all green and shiny on the other side either.