wow, nice calculations, next time ask u for more advice n calculations when planning to buy car lah!
You mean 84000/5 = RM16800/yearthere is no right decision lar... if u feel u can afford this investment... then by all means go ahead... but after considering the total cost u will incur... u feel that it will take over more important spendinds.... the consider a cheaper alternative.... here is a lil simulation for total cost of owning a imported car:
Say eg... u buy an 1999 S2000 at RM 140,000. u pay RM70k cash...
Car Loan : RM70k @ Int of 4% 5 years loan = RM84,000
Per Year = RM7000
Road Tax : RM460 per year x 5 years = RM 2300
Insurance coverage : RM2000 per year x 5 = RM 10000
Repair Maintenance : Rm5000 per year (min) = RM 25,000
Upgrades or Overhaul : RM5k per year = RM25,000
Total Cost over 5 years = RM146,300
Plus initial Cash Payment = RM70,000
RM216,300
Per Year cost : RM19,460.00
There u go... this is roughly an estimate if u should buy a sportscar... such as S2000, Evo, Subaru, Skyline, Silvia.... if u comfortable with spending this amount... then by all means go ahread man.... oh yeah... also take into account... that after 5 years liao... ur car value will be only less than half... that means... after 5 years... u only can sell the car off at RM80,000 or less... so consider all this lor....
You mean 84000/5 = RM16800/year
Not 84000/12 = RM7000
there is no right decision lar... if u feel u can afford this investment... then by all means go ahead... but after considering the total cost u will incur... u feel that it will take over more important spendinds.... the consider a cheaper alternative.... here is a lil simulation for total cost of owning a imported car:
Say eg... u buy an 1999 S2000 at RM 140,000. u pay RM70k cash...
Car Loan : RM70k @ Int of 4% 5 years loan = RM84,000
Per Year = RM16800
Road Tax : RM460 per year x 5 years = RM 2300
Insurance coverage : RM2000 per year x 5 = RM 10000
Repair Maintenance : Rm5000 per year (min) = RM 25,000
Upgrades or Overhaul : RM5k per year = RM25,000
Total Cost over 5 years = RM146,300
Plus initial Cash Payment = RM70,000
RM216,300
Per Year cost : RM24,260.00
There u go... this is roughly an estimate if u should buy a sportscar... such as S2000, Evo, Subaru, Skyline, Silvia.... if u comfortable with spending this amount... then by all means go ahread man.... oh yeah... also take into account... that after 5 years liao... ur car value will be only less than half... that means... after 5 years... u only can sell the car off at RM80,000 or less... so consider all this lor....
Editted and corrected the figures
I drive a first batch year 1995 satria 1.6L manual SOHC, EFI. The car's worth today? Consider it ZERO. It's a fun car and although I don't get turbo/vtec/supercharger kinda feel, I'm still happy with it's performance. I run my car on 14" stock rims with Falken ST115 (185/60/R14). The tyres cost me RM150 per piece. I added front 4-point tower bar, rear 3-point tower bar(in boot) and rear upper bar. This car came stock with thick (don't know how many mm diameter) front anti sway bar and not-so-thick rear anti-sway bar. I've changed my air filter to K&N open pod and my engine runs on Q8 5W40 fully synthetic (or at least I think it's fully synthetic) oil topped up with LubeGard's engine protectant ( International Lubricants, Inc. > Engine Products ). The rest of the car is totally stock standard. Quite a bit of saving, I'd say. hahahaha poor people drive cheap car. hehe
um...I thought one's salary is a rather private figure? What's the deal with people posting them on an internet forum?
Asking about the running cost of a car is fine, but no-one needs to know your income.
OMG LOOK AT ME!! I'm a young professional making meelions a year!! Everyone compare your lives to mine and go cry!
RM4k drive sport car, in KB can. But not in KL.
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