Do you guys remember the youtube KC LAU guy??

According to him... if you earn less than RM8k a month... you should not get a car as good as Myvi or better...




https://kclau.com/wealth-management/new-car-cost/



How many /k/tards here agree with his advise??

Yes i agree

friedricetheman so you have answer lio. To drive Jaguar at least 8k celery. jay sern say one.

Gila apo gaji 8k naik mawi?

Bola mao letak mana woi? Manager naik mawi.. puihh

Yes I agree.

Actually ya. 8k.

Was earning 7k when I bought a 40k Wira, coz can't afford better. So ya, agree.

I agree

Yes true.

Gaji 2k nak pakai apa?

Following the general guidelines of 1 year salary, 8K/month gives us a 96K budget for car purchase.

However KC Lau is probably not a car enthusiast, hence Myvi with 6 airbags , ASA 2.0 best selling vehicle in Malaysia is good reference point for him.

2K x 12 = 24K baget

Kete baru hanya Axia E.
Atau beli second hand.

car is a depreciating asset. no one needs to spend too much on car but most people spend on what they want n not what they need.

8k can buy used Jaaaaaaag

hotdayum

all becuz of one gila kuasa guy, we could have had cheap & safer car if not for his failed proton project

True la
americans 8K usd buy 40k merc
malaysia 8k rm buy 40k myvi

where got americans buy 200k car one unless millionaire, here loan 9 years for 318i topkek

I ride kapchai je

Moto

Malaysia economy will die.
We all must spend money we don't have.
debt based economy

3k gaji should drive a used Saga BLM for 10k
With that they can afford to buy a prima condo

Phewwww, luckily the worst is ALREADY over and the best has YET to come.

Actually the new myvi is very high class look, like honda jazz/vw golf

Gaji 3.8k only can buy axia e..

Theres no way I can afford axia e...sad

Sohai keep driving around in a convertible tokok

Gaji RM 3k public tranport kan ada

If public transport quality like japan i will ditch my bike and car.

better buy axia

Our MRT and LRT system are on time.
If you stay outside of KL then hailat.

Bodo kc lau car should be bought using cash money

Of course. He is right. England prime minister take train only. Until your gaji same as him don't even think about buy car

He changed his mind rd

Only sohai by myvi @8k.
3k already can take civic

he not wrong. 9 yr loan is no joke. somemorw the time he write article was when 1usd:3.2rm

Buy whatever car you fancy.

~banker

I quite agree thou.

Edit : biasalah gaji 2000 nak pergi beli keta hrv hybrid. JANJI SEMPOI ma, perabot dan tv rumah pon mau installments. Phui.. banyak je nmpak kaya, makan nasi ngan kicap dkt rumah pon orang tak tau.

This post has been edited by anthonywongy: Apr 6 2021, 07:48 AM

If this the case BMW and Mercedes no need to sell in malaysia.

around that amount a month and i drive kelisa, its shit, i wouldnt mind a myvi

kc who

We all praising Daihatsu Toyota. Myvi original brand is Daihatsu. LOL.

EX5.... janji Honda..lol

wew
fresh grad celeri 1.5k drive kancil only

So true... puntual, and frequent. And it covers wde areas too.


Yup... last mile connectivity is not there / lacking.

And agree on the 8k comment too. Paying for monthly maybe possible, must take into account the maintenance too. Short term and long term maintainence.

buy this can edi

I salary 1600 also bought honda.. already done make full car loan settlement after 5 years. Now zero no more loan..

Got house asset 1 mil. Honda car.. and 2 honda kapcai motocycle

Now new myvi ok already.. no need to waste money buy honda.. etc..

Assuming the car get old they breakdown alot.... then you spend as much as to revive it and kept it moving

8k can get jaguar XJL
long and nice

Buying a myvi with 3k salary is perfectly fine lah

But it is wrong to buy a myvi and spend on unnecessary mod (bodo where is ur priorities?)

And/or

Buy a myvi then put at home and ride moto or cab to work (bodo, buy car for what, if like this better buy cheap used car la)

And/or

Buy a myvi but later complain minyak mahal, roadtax, insurance (bodo, it just show that u cannot afford a car)

And/or

Buy a myvi but no money to spend on service, safe tyre etc (go die la, buy car for what)

This post has been edited by clockpulses: Apr 6 2021, 08:23 AM

100% agree. Malaysians over-spent on cars.

meh, regardless, still going to buy a mazda 3 in cash

gaji 2k or 8k, also buy myvi. what else cant this godcar do i ask u

Ok. I guess I can’t afford a Baby Jag then..

LMAO at financial guru

If you already in financial freedom/jumpa lubang buat duit for lifetime, why bother to create seminar webinar all these bs

Pasal beli kereta, i just follow ktard advice. Just buy the car that you really want bcs you will spend most of your time in that thing. Automatik you pandai pandai cari duit untuk bayar monthly

he is right tho.. topkek.. at 5k u can only afford axia if u want to cover rumah, piap and the shitnizz that come out of pancut dalam

ktards advice >> kc lau...

very good.

learn to buy used

if in your life, everything also buy new
one must learn the 1/3 rule
but still...won't be "comfortable"...need to lower it to like 1/6 to be comfortable

wow KING
8k only can use

if you want to retire young.. yes agree..
if you want to retire old.. go ahead..

Cannot auto park like X50

RM8k/m deserve Myvi only? topkek

but he u turn right

now car price = 1 year salary

which quality? tren or winmen?

wrong

salary 3k buy civic tebu

if you cannot afford two of it, you cannot afford one of it

A 8k family man is not comparable to a 8k income foreveralone.

Income vs car is merely a general guideline. End of the day, how much "disposable income" determine what car you can get. What car should you get though is determined by your financial preference, do you prefer growing your wealth or satisfy your short term desire.

Knn mcb. I earn 6K and drive a fleet of conti buses.

You blow ah?

This post has been edited by friedricetheman: Apr 6 2021, 09:24 AM

Why not just boon siew C70?

manager 8k ah salary?

daddy kasi tak boleh kah

Yes, agree

Only oldfags know what is that.....

both sides also correct. depend on u

This post has been edited by skycrawler: Apr 6 2021, 09:33 AM

I dunno him but I follow this advice. Actually I prefer just settling for a cheaper car and better still, pay off the loan asap and save thst extra income.

he's right though.


but you want to buy while earning 3k also can...just day day maggie mee nia..depends how you wanna live your life

Exactly...i see a lot youngsters chaining themselves with hefty car loans after coming out to work

This.

There is no one size fits all rules. If you’re earning 8k but the sole breadwinner of the family, probably myvi is the best option you could buy. But if you’re earning 8k, staying with your parents, foods also all provided by your parents, you can easily buy a sunset orange.

In the end, ukur baju di badan sendiri.

If you’re earning 3k, but have to eat maggi everyday just because of you bought a myvi, then there is something wrong with your financial planning.

my net worth is around 6-7 million and i still dont think i should buy a myvi
the problem with myvi and cars is that the value depreciates. So its like flushing the money in the toilet.

i really dont think flushing money in the toilet is a good idea regardless of income level. its better to find a company that gives u a car, or has car allowances AND the same level of salary.

i only know 8k or no , myvi or no. I still forever alone

correct...8k gaji buy myvi only...the rest all in crypto.

Have u tried Honda or Toyota? maybe can get amoi/awek......

I long leg, wear low car not syiok, must drive high car like myvi have room for leg to move around.

some people really did that though

Really? I have never met one. The worst I have seen is driving lancer but when go dutch, everything pay to the exact sen that he ordered, but still not maggi.

so many 3k salary with city/vios, the yolo lifestyle

He makes sense but there are external factors like showing off, ego and pride that comes to play. A car, at the end of the day, is just a car.

thats somehow true.

New gen, fresh grad.

KCLau
November 12, 2020
Hi Jaden, thanks for reading. Overtime, I did change my mindset about the whole thing about buying a car and how much loan and tenure we should get.
For car affordability: the better benchmark is to tie the car price with your income. I would say spending less than 1 year of income on car is okay.
Example, earning RM80k a year, don’t buy any car that cost more than 80k. If not, imagine working for many years just to own a car.

For car loan: I now prefer the longest tenure, so it ease my cash flow, let me have more capital for investments.

I am planning a webinar to share about this in detail. You can get on my email list for the announcement.


He already putar U turn Nov2020

This is the same thing like how to save 2k every month from 3k salary calculation.

Public transport.

Or earning minimum wage and still managed to save 2k a month...

#sampahLogic

Me 13k salary drive satria neo

How come manager level but earning too low? Fake manager?

I’m still executive level while earning /k standard. Manager earning at least double than me.

I no bola to buy city vios if I only earning that much.

Yes, my car is 30% of my current annual salary.

nonsense

Once took a Grab car driving a Vios. He says, he can reduce other expenditure but die die must drive a Toyota.

When I started my job, with 1500 salary, most probably I did not agree
Buying myvi anyway

When salary 8k, I agree with the comment and I still drive that myvi and wont look for new or more expensive car.

fuck him lah. drive myvi how to impress girls.