hi bros/sis, how much does it cost u to maintain ur 8? around wat range r ur earnings???

 

costs quite a bit more than normal cars, petrol costs is doubled, maintenance cost is doubled (oil alone costs $150), else it's alright

oh ya, my car costs me $2k per month, including my installments. this includes petrol and insurance but not servicing/roadtax

 

Roulette, youve simply answered the first part of the question. I'd be MOST delighted to hear the answer to the 2nd portion... Hahaha..

 

Costs me approx $1600 for everything. Excluding modifications.

My earning depends on how many cardboards boxes i pick each month so cannot give a definate answer.

 

emperor......i'm in the printing industry, got a lot of unwanted cardboard boxes.

 

probably won't go there mate! not enough will be the best answer.

 

ha... my dad is in paper industry.. mayb u can get paper frm me? haha

 

instead of flooding e site with our earnings which i'm sure many are dying to do!
why dun you post your earnings and sista here will tell you if that's enough

 

I make $4657 a week, and spend on average about $800 a month on the 8 ((its paid off))

 

Once upon a time, those without a verified source of income could only buy with full cash and only then from a used car dealer as IRS may come a calling when purchased through the main agent

These days, no one will sell you a car if you do not loan. Alas, you need income proof to do that or know a rich auntie or uncle who will guarantor for you.

When I bought my car, the PI 'insisted' on 90%loan but the bank offered less after receiving my documents..sob!

 

US bro. Here the 8 costs about US$70k. Throw in obscene insurance, road tax, road usage tax, parking, undue fines, etc. Throw in the housing installment bill for high property prices here and suddenly lots of money is not your lots of money anymore.

To other kind bros here in the paper related industry. Give me a time and me and some of my grandma/ grandpa workers will push our cart over for the paper.

And dun play play with us karang guni! We are part of Sua ku - Society of Uncles and Aunties Karang Gunis United.

 

In SG, its not so prudent to pay full cash or spend way more than you earn. I have seen quite a few people got into unneccessary trouble. And i cannot believe some people earning a small country's GDP declare tax in the lowest tax bracket and yet try to buy cars and house with full cash.

 

What the hell are you guys talking about? I have no idea about this Sua ku or 90% loan crap is...here in the US if you can buy your car and pay it off you do....I purchased three cars within these past 2 years ((05 RX8 and 05 Mazda6 and 03 Ford Ranger)). All paid for in cash.

 

Dear Texan bro,
Over here in our part of the world, land is scarce hence roads are scarce. Means jams unless of course cars are priced out of the reach of the majority. But tanx to financing creativity we treat loans as part of our everyday lives especially for those of us who loves cars. Your 8ight, 6ix and Ford wud have cost u about 150US Grand to purchase in our beloved country. Hi Ho Silver!

 

Would u pay full cash for a US$85000 Rx8? Thats the amount we paid for a 2005 Rx8 in 2005.

or even US$50000 for a Mazda6 and SU$60000 for a Ford Ranger?

 

Thing about Singapore is that unlike the united states, you can get around without a car. Worse case you call a cab. I lived in SG for 8 years and didn't need a car. Of course my father had a company car..

 

My cousin bought a AMG c class for about US$55k in vegas. Paying US$330 for 3 years and his car is his forever.

The same car costs in the region of US$200k or more here in SINGAPORE and you are only entitled to drive for 10 years when you have to bid for another certificate of entitlement (right to own a car) or scrap it.

If you have the money to fully pay for the car; the taxman may come after you and you have to prove the money is legitimate, you earned it and paid taxes on it.

And maybe what buys you a ranch in Texas may only net you a small appartment in urban areas. And you own it for only perhaps 99 years which at the end, the ownership reverts back to the government.

US and SINGAPORE are two different places.

 

Why are you guys throwing out these rediculous prices .....

My Mazda6i was the dealership's "show car" and I managed to get it with 250 miles for $22K out the door, my Auto RX8 I got for $31K out the door ((traded in with $4K for manual RX8 like a month later), and only paid $12K for my truck.... thats $69K ....not 100 or anywhere close to it

 

dtorre,

Maybe I can help you out. You're posting in the regional forum.

To be more specific, the region is Asia. Which is quite far away from Chinatown in downtown TX. Prices and rules are quite different. Even the currency is different.

So before you start to rant on about their rediculous prices, maybe you should fly over and try to buy a car for 22k USD.

 

Dude, is not like we have a choice down here in Singapore. I would love to buy an RX8 for 30k.....I would have so much spare cash that I can pimp my ride. :P

Remember different country, different rules. It is not wrong, just different.

 

Sometime i envy you guys in the states for ridiculously low car, petrol and usage prices.

But then when i get caught in the jam here in SG; i wish car prices were double. The prices of cars nowadays are half of what it uses to be. I paid about S$145k or US$90k for a civic in 1997 . And the trend nowdays is into budget cars; which made cars even cheaper. Just see how congested the road is now.

30k? I paid S$27k for the certificate of entitlement for my previous car. And my insurance and road tax was S$4.5k.

 

I remember someone saying that car ownership in Singapore is the highest in the world. Its really due to all the tax and COE, before the consumer even can lay his/her hands on a car.

If not for these cost disincentives, Singapore roads are not "drivable", since almost everyone will be able to afford one.

Like everyone else on the island, I find the prices of cars harsh, but it can't be helped. At least, it keeps car ownership to those who can afford to have a car.

To answer dtorre's statement:
Prices of cars are not ridiculous, but meant to be as such for the purpose of controlling car population. Singapore is not a state in the USA. Its just a tiny red dot in the South East Asia. Not everyone can afford a landed property and have their own personal parking space, in Singapore.

In Singapore, if you own a car, chances are your car will be parked in a public carpark vulnerable to all possible forms of vandalism.

Who wouldn't want to enjoy lower cost of car ownership? It so happens that people in Singapore don't have a choice. The Singapore govt even went to the extent of placing legislation on barring Singaporeans/ PRs/ residents from driving cheaper foreign registered cars (especially, those from Malaysia).

No offense. Just my 2 cents.

 

That's why we never have any car bombings here... too expensive for the terrorists. j/k

Not much place to put anything on a bicycle either.

aaaanyway, back to the topic, please put aside 2.5k a month if you've got a 5yr loan, should be enough to cover everything incl road tax and about 1 speeding ticket.

 

Dont forget the parking fines... dont you think that the Aunties in White hats are damn hardworking nowadays?

 

hi emperor,

aiyah no need such a big font la. small country small font laaaaa... humble abit laaaaa

anyway, just try to see things in different angle. give u an example, singaporeans like to say everything is 'cheap' when they go to msia. u cant compare a durian and a duku. ask u a couple of questions:-
do u think msia car is cheaper as compare to sg? let's exclude out protons (bcoz no import tax).
do you think property in msia is lower or higher compare to sg?
do u think a tin of milo or milk powder is cheaper in msia or singapore?

your cousin may hv just paid USD55k but do you know how much income tax he has to pay? as compare to you?? singapore is one of the lowest la, u shud thank god and thank the govt.