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 owning a car in singapore, is it more expensive than Malaysia?

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hft
post Sep 22 2021, 01:49 AM

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QUOTE(ilovestitch @ Sep 22 2021, 01:37 AM)
I hear people always say owning a car in singapore is much more expensive than in Malaysia. I have done some research and wonder why ?

Assume 2 persons with same occupation and working experience in different country

Singaporean
Salary : $7000
Mazda 3: $95,888 (COE included)
Malaysian
Salary: RM 7000
Mazda 3: RM137,000

The cost of owning a car is much cheaper than in Malaysia, but why people like to say owning a car in sg is expensive
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$100k SGD car for short term use versus RM140k can use the car for 15-20 years
hft
post Sep 22 2021, 03:10 AM

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QUOTE(ilovestitch @ Sep 22 2021, 02:02 AM)
yes if u factor in the COE will need to be renewed after 10 years , then yes, owning a car in SG is more expensive, but I see many cars nowadays don't last so long.
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How come dont last long?
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