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My Monthly Expense on my car as a % of my Montly Income


Chrispie
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My Monthly Expense on my car as a % of my Montly Income  

222 members have voted

  1. 1.

    • 0-10%
      39
    • 11-20%
      57
    • 21-30%
      57
    • 31-40%
      26
    • 41-50%
      9
    • 51-60%
      8
    • 61-70%
      3
    • 71-80%
      1
    • 81-90%
      3
    • 100%
      5
    • I just sold my wife for my car.
      14


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Hi, how much do u spend on your car as a percentage of your monthly income? Expense meaning everything in, including taxes, parking, gas, waxing, washing, insurance..

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(edited)

I think 60-100% is almost not relevant, cos almost nobody will be in this state, or if in this state they fainted alrdy. So the distribution should be in 5% for the 1st few options then 20% from 60-80% & 80-100%. Also net income or gross income? Monthly car expenses u excluded the highest item which is monthly instalments? [laugh]

Edited by Zanter
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Hi, how much do u spend on your car as a percentage of your monthly income? Expense meaning everything in, including taxes, parking, gas, waxing, washing, insurance..

 

10%

 

heart pain

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Neutral Newbie

wow! i'm impressed with the income level of fellow forumers. assuming that most drivers spend easily $1.2K per month on their vehicle, we have a lot of 5-figure income earners in this forum.

 

my $1.2K assumption is made up of $500 instalment, $300 petrol, $100 cashcard, $100 season parking $200 for taxes, insurance, servicing etc.

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Neutral Newbie

installment 1000

petrol 400

taxes and insurance 500

company rebate around 100

season parking 150

 

total almost 2k liao, haven count servicing and mods [thumbsdown]

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Monthly expenditure:-

 

Installment 1000

Petrol min. 900

Road tax 100

Insurance 140

Cashcard Usage 50

Season parking 65

 

Total : $2,255 excl. maintenance

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