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Do you finance the car yourself or through household income?


Runforyourlife
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How come no one say company fund the car? I thought alot of towkays in MCF. Even no towkay also got many in management level in MNCs will provide car for them.

Edited by GLZT
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How come no one say company fund the car? I thought alot of towkays in MCF. Even no towkay also got many in management level in MNCs will provide car for them.

 

Tow kays don't make tax dollars sense to fund his private car via company funds since still need to net off assessable income tax. Only exception is if he register a G-plate vehicle for own use... [;)]

 

MNC car allowance in the end also consider part of your pay package, sounds good only that company paying for your car use.

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My own car is paid all by me. My other family cars are shared between me and my parents. We share the cost of buying and maintenance.

Same arrangement, though the old folks tend to have a fair bit of comments even for my own car. Edited by hsl118
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Everyone you meet and in this forum tend to say 'my ride' even if it's household fund...

 

 

no lei,i fund the car but  i tell people its the family car or my father car.hahaha

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My cars are 100% mine. All comes with form A.

Wife is just hitching a ride.

 

In the words of He-Man .....

 

I have the Power!

 

:0)

Come here say can lah.... Go home tell your wife this, u got no peace!
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My cars are 100% mine. All comes with form A.

Wife is just hitching a ride.

 

In the words of He-Man .....

 

I have the Power!

 

:0)

 

not by the power of greyskull meh? [:p]

Technically it's the bank's car, if you are stil serving your loan.  They can repossess it.

 

in mcf? here?

 

tumblr_mn4f9aJNai1s5h9x0o1_500.gif

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Many of my friends say their parents' car as his/her own car....

I think it is rare that people in 20s have "their own car."

Not rare for people in their 20s have their own car. Nowadays parents damn rich. Can chut a new Mazda 3 for their children. Easily 100k car no problem. Sometimes I wonder how can young exec earning 5k a month chut so much money to buy a new car? How people who used to drive a 0 dollar drive away car, can now chut 40k to chut a new car? Totally cannot imagine how rich SGrean are nowadays amidst the brewing crisis.

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