Looking for a car on a tight budget

[Jamesc]

So many nonsense post here.

No reason why TS cannot own 4 wheels.

As he has a baby coming he should just get a Maclaren

He can get more than 4 wheels.

He can get 8 wheels. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This is the most the sensible option.

[Shoebox]

TS, have you considered switching careers to be a grab driver?

Most Grab drivers earn more than your current salary even after deducting costs and rental, and they have a car of top of that. 

But really, just take taxi la. Much cheaper than car if just to bring baby around on weekends, checkups etc. Babies are very expensive... I spent about additional 1k every month per newborn for first 2 years on just basics, and haven't even count infant care and I got no maid.

[Carbon82]

  On 7/8/2020 at 12:44 PM, Fuelsaver said:

You got authority to impose pofma meh 🤭

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Maybe I can't impose POFMA but I confirm can delete post, give warning and ban anyone...  

 

[Jamesc]

Grab driver?

They all giving up their cars to do food delivery

and bidding up motorcycle COE.

Less people going out

and more ordering food at home.

[Lovemyride]

How sure are you that you can keep your job in the short to medium term, given the current situation and uncertainty? If I were you, I would rent a PHV. Can do part time grab to help cover the car costs. 

When the baby comes out or when COVID is gone or when finances become even tighter, I can simply return the car and use public transport. If I continue to do well and when things settle down, sure, I can look at owning a car. 

[Apple-Tree]

  On 7/7/2020 at 10:32 PM, Carbon82 said:

Starts with a 5 - 8 year old small car such as Honda Jazz / Fit, Suzuki Swift, Perodua, Kia Picanto, etc. to have a feel of car ownership experience. Budget aside, how much down-payment are you prepared to make? 

I am not belittling you, but a take home pay of $1.6K nett is barely enough to cover vehicle related expenses, which includes but not limited to the following:

• Monthly installment (~$500)
• Road tax (~$500 p.a.)
• Motor insurance (~$1500 p.a.)
• Petrol bill (~$150 p.m.)
• Parking charges (~$150 p.m.)
• ERP charges (~$50 p.m.)
• Routine preventive maintenance (~$500 p.a.)
• Adhoc repair and replacement (~$500 p.a.)

The above are just a very high level estimate for your consideration. I would suggest taking grab or taxi for your wife's medical appointment. Save the hard earned salary for your child. 

 

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Er .........he like haven't talk about the ISOFIX thingy .......

[Jamesc]

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Edited July 8, 2020 by Jamesc

[Vlsc]

Hi guys. Since u guys on the topic of renting car to do phv, can share more details on this? I know in order to be phv driver,need to go for course n test to get the phv license which cost around $170 correct?

Then for getting the car, we can just rent from any dealer which advertise phv rental? Is there a list of reputable / better rates dealer? I saw some dealers offer promo rate during this period. 

If I do not have a phv license, can I still rent a car from these phv cars dealer (not to do grab but just use as my private transport? ). Or I can only rent cars which are not for phv? Is the rental cost more ex than phv rental car? 

[badlammy]

One more option.

[Shinylord]

  On 7/8/2020 at 12:45 PM, Fuelsaver said:

Maybe something to spur TS to work harder for, besides his family 😁

Jiayou! Ganbatte!

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Well that one way to get even more motivated , a goal to be able to own car somedays w/o any financial troubles etc 🙂

[Shinylord]

  On 7/8/2020 at 1:18 PM, Jamesc said:

So many nonsense post here.

No reason why TS cannot own 4 wheels.

As he has a baby coming he should just get a Maclaren

He can get more than 4 wheels.

He can get 8 wheels. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

This is the most the sensible option.

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😄 

[Shinylord]

  On 7/8/2020 at 2:09 PM, Lovemyride said:

How sure are you that you can keep your job in the short to medium term, given the current situation and uncertainty? If I were you, I would rent a PHV. Can do part time grab to help cover the car costs. 

When the baby comes out or when COVID is gone or when finances become even tighter, I can simply return the car and use public transport. If I continue to do well and when things settle down, sure, I can look at owning a car. 

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A good qns , it make me wonder how many of us can really keep our jobs given the current situation and uncertainty , such a troubles times we living in rn 

[Shinylord]

  On 7/8/2020 at 1:34 PM, Shoebox said:

TS, have you considered switching careers to be a grab driver?

Most Grab drivers earn more than your current salary even after deducting costs and rental, and they have a car of top of that. 

But really, just take taxi la. Much cheaper than car if just to bring baby around on weekends, checkups etc. Babies are very expensive... I spent about additional 1k every month per newborn for first 2 years on just basics, and haven't even count infant care and I got no maid.

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Tbh it didnt really cross my mind abt changing a careers to be a grab driver as i heard its grab driver arent doing that well in the current situation we facing rn plus i prefer a steady income just in case of unforseen situation

Agreed on the expenses needed to be spend on newborn , mind i ask roughly hw much woukd i expect infant care to be

[Volvobrick]

  On 7/8/2020 at 1:34 PM, Shoebox said:

TS, have you considered switching careers to be a grab driver?

Most Grab drivers earn more than your current salary even after deducting costs and rental, and they have a car of top of that. 

But really, just take taxi la. Much cheaper than car if just to bring baby around on weekends, checkups etc. Babies are very expensive... I spent about additional 1k every month per newborn for first 2 years on just basics, and haven't even count infant care and I got no maid.

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Wait till they start Primary School and need tuition!!! And  falling sick 11 times a year on average too for first few years.

Edited July 8, 2020 by Volvobrick

[Shoebox]

  On 7/8/2020 at 4:34 PM, Shinylord said:

Tbh it didnt really cross my mind abt changing a careers to be a grab driver as i heard its grab driver arent doing that well in the current situation we facing rn plus i prefer a steady income just in case of unforseen situation

Agreed on the expenses needed to be spend on newborn , mind i ask roughly hw much woukd i expect infant care to be

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Ah I see. Ya... times are unstable... Maybe grab driver not a very good idea.  Oops.

Infant care at hdb is around 1.4k before subsidy. You may be able to qualify for gov subsidies based on your household income, which really help a lot. May end up cheaper than nanny or maid.

https://www.ecda.gov.sg/Pages/Subsidies-and-Financial-Assistance.aspx

 

 

@Volvobrick I'm at that stage now! :(((

How did this thread turn from budget car into kids. Haha 

[Kia7200]

  On 7/7/2020 at 3:52 PM, Shinylord said:

Which used dealer might u suggest to get it from , been going through the forum seem like is hard to find a trusted one 😞

How much would the maintenance cost and if possible may i know roughly hw much will an insurance cost to owning such a car

Well im bringing a stable income of ard 1.6k after cpf deduct if that helps but yes gotta keep some spare for baby power, diapers etc 😅

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1.6k is hardly enough for u to support a family. Pls don't buy a car, its the worse decision for ur current income and situation

[Kia7200]

And if u don't have experience driving on the road for long hours n not familiar with the road, better don't drive phv. Any accidents the excess is by the thousands n traffic offence fine just increased

 

 

[Fuelsaver]

  On 7/8/2020 at 4:21 PM, Shinylord said:

Well that one way to get even more motivated , a goal to be able to own car somedays w/o any financial troubles etc 🙂

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Sure, wish u success ✌️