Even the so called affordable Axia Rahmah also no longer in production when I went to Perodua center to ask about it.

Yea, By the time sudah 50/60, prolly sakit2 , sudah kenot drive

If retired how?

What car to buy?

Why? The economics looks OK for the Malaysian market.
OK, let's change the metrics.

240k annual is about 20k a month.
A 240k is like a Toyota Camry.

If you earn 20k a month and buy a Camry, nobody bats an eye.

If we buy 50k myvi, we have to earn 100k a year/8.3k a month to afford it? U guys buying car cash or what?

Sounds quite insane to me.

Let's say you earn RM240k a year and you buy a RM240k car, you literally have spent your entire year's worth of hard work just to buy something that brings you from point A to point B.

Imagine that, 1 whole year of suffering all goes into 1 thing.

If you consider this from a disposable income perspective, that's even worse! After reducing tax and all other living expenses for the year, you could be only left with RM5k a month and that's considering you aren't the spendthrift type. You would have spent at least 3 years of your life, working hard just to purchase that car. I discounted 1 year for bonus, increment, and investment income, which is more than generous.

What do you guys think? 3 years worth of blood sweat and tears for a car, worth it?

In reality, most Malaysian would actually be spending more than 5 years worth of blood, sweat, and tears on a car cause most either buy a car worth more than their 1 year salary, took long loans with high interest, or have a super low disposable income because of commitments.

You should ask what are each financial background  first

I’ve bought car cash and also by bank installment before. When loan some I put 50% down and some just 10%. Some ever do early settlement

Every time my financial is ok. Planning is the key. To each their own

Wow. Sounds like you buy so many times before. Do you buy new one within short period of time? How old are you now btw?

Sounds quite insane to me.

Let's say you earn RM240k a year and you buy a RM240k car, you literally have spent your entire year's worth of hard work just to buy something that brings you from point A to point B.

Imagine that, 1 whole year of suffering all goes into 1 thing.

If you consider this from a disposable income perspective, that's even worse! After reducing tax and all other living expenses for the year, you could be only left with RM5k a month and that's considering you aren't the spendthrift type. You would have spent at least 3 years of your life, working hard just to purchase that car. I discounted 1 year for bonus, increment, and investment income, which is more than generous.

What do you guys think? 3 years worth of blood sweat and tears for a car, worth it?

In reality, most Malaysian would actually be spending more than 5 years worth of blood, sweat, and tears on a car cause most either buy a car worth more than their 1 year salary, took long loans with high interest, or have a super low disposable income because of commitments.