First up thanks to all the bros who have been a big help with their knowledge and experience. I've finally decided to save a lil bit more before i buy that dream car of mine and stick with my current ride.
Second apologies to boggysv, didnt mean to show off or anything.Was just trying to gain some free experience from other ZTH members
Its probably better to just ask the running cost of the car, but what i was aiming for is how other members fared when they were earning the same amount.Could they make it work, was it hard, etc....
Thought it was safe to post it in an internet forum since nobody knows my real identity (and its really not that much compared to other members here).Anyway...Sorry boggysv!
If anybody else is interested ive done some calculations and below are cars that you can expect to fork out about 1K a month including maintenance costs:-
All calculations are based on 20K downpayment and roughly 2.38-2.4% interest rate
City Vtec/Vios (They cost roughly the same)
Monthly Payment 753.25
Monthly maintenance* 300.00
Total 1053.25
Swift
Monthly Payment 665
Monthly Maintenance* 350
Total 1015
Sentra (1.6 Auto, Lowest end)
Monthly Payment 790
Monthly Maintenance* 350
Total 1140
*Maintenance includes how much you would need to set aside for road tax, insurance, tyres, & regular servicing of the car.
I got the estimated servicing costs from dealers or owners of the cars.Tyres are changed on a 2 year basis.
Hope this helps!