TS say it sounded insane
but in reality, malaysians are spending more than their 1 years worth of salary on cars....like WAY MORE
they're buying cars that are worth way more than that

and on top of that, they didn't even do the normal 10% downpayment route
instead they went for the full loan 9 years repayment route

should =/= would

financially "should" follow this way to stay comfortable
but people "would" not want to follow that route because that's not the car they "wanted"

that's why bank set the formula of minimum 1/3 to get the loan approved comfortably
1/3 car, 1/3 house, 1/3 everything else
but some people's car payment is still over 1/3 of their salary

"1/3" formula is actually worse than 1 year salary formula BTW