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 How Much Car Can Yoi Afford? New rule of thumb.

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danielmckey
post Sep 13 2025, 11:58 PM

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QUOTE(malz89 @ Sep 13 2025, 09:25 PM)
I duno why ppl would invest on assets that will depreciate.

No matter what, will always stuck in the jam.
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Lat time people show off their car with supercharge & turbo. Today people want to show off their car no engine & built in powerbank. In the end, new car is just the same only shape, tech, software to compete. It's just same as your handphone today, upgrade and disposed the old one.
danielmckey
post Sep 14 2025, 12:01 AM

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QUOTE(ryansxs @ Sep 13 2025, 11:51 PM)
I mean what you can afford to spend.

not your saving or what you worth.

for example. if you have RM100k for a car.
based on rule of thumb, you should be able to buy a RM50k car 2 times.
That means, you should buy RM50k car.

In case anything happened to your RM50k car, you will not be shaken.
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When balik kampung, 100k & 50k can make the difference. Everyone in kampung will salute you with 100k car & your family will become top level jaguh kampung.
danielmckey
post Sep 14 2025, 08:09 AM

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QUOTE(ryansxs @ Sep 14 2025, 12:11 AM)
Haha....you live based on your means, not due to what people will salute on.

Planning for finance based on what you can spend without getting trapped.
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I think you are not kampung boy. You can see many of those balik kampung have new car later kena tarik. It's happening...

 

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