Cost of Car Ownership in SGP Per Year - Wats Yours ?

[Dark_flan]

Erm.. Not for me. Being too passionate about cars.

[Goonie]

I am thinking of buying my first car in SIngapore after being overseas for 14 years, seems like its tiered for someone who earn at least $100k a year. In Europe you will be paying like 10-15% of your monthly salary for a car, and here its like 35% to 40%. One might say food is cheap, but only at hawker centres. Housing is up the scale too.

[RadX]

and will you stop spamming.....you have aldy made your point

[Ellie111]

oh i don't have so much money

[MeloDEE]

WAH so ex...now I noe y I'm always so broke...

 

tytyty much Hitman for breaking down the cost for us!

[Jmary2027]

OMG... no wonder all my colleagues are telling me not to get a car in Singapore! This is seriously expensive!

[Fendytoot]

SG...the only country in the world where the f**king piece of paper needed 2 own a car is more ex than the farking car...

[Eddiechang]

SG...the only country in the world where the f**king piece of paper needed 2 own a car is more ex than the farking car...

 

I studied in Aus a couple of years ago and told my aus buddies this...they stared at me and told me I was being f**ked over in the ass damn hard...I'm not kidding, thats what they rly say

 

[Arenz]

S60T4

Depreciate = $15,500

Road tax = $ 700

Insurance = $1,600

Petrol = $5,000

Cash card = $ 150

Coupon = $ 150

Parking = $1,200

Maintce = $1,000

 

Yearly cost = $25,300 (too high!)

[Dark_flan]

Driving continental means high driving cost bah.

[Yuyububu]

Korean and Jap cars should be cheaper bah...

[Candylim]

And ppl can still afford to buy Ferrari in SG. Amazing sial.

[Remylee]

And ppl can still afford to buy Ferrari in SG. Amazing sial.

 

Sibei amazing hor? We down here struggling with Jap and Korean cars and some farkers can still go buy Ferrari and can go crash it somemore.

[Mosaic1979]

Sibei amazing hor? We down here struggling with Jap and Korean cars and some farkers can still go buy Ferrari and can go crash it somemore.

 

singapore may be getting expensive, but its also a place thats easy to make money if you know how to. Thats why alot of people around rich enough to afford flashy cars.

[Chucky2007]

Cheap colt plus 1.5

 

Annual car deprecation: $5300

Annual ERP: $1000

Annual road tax: $700

Annual petrol: $2400+-

Annual maintenance : $400+-

Annual miscellaneous shopping parking: $600+-

Annual parking fine: $100+-

Annual workplace season parking: $5400

 

Annual car usage : $15,900, translating to around $1325 per month..

 

[Kelkoh974]

Quick question Guys - Is company's transport allowance taxable pls?

 

of course!!!

All allowances are taxable to u however are tax deductable to the company.

 

[Kelkoh974]

'05 honda jazz (left 1.5 years , i'm 1st owner)

Depre : 5.3k/yr [(Selling px - Scrap value at 10 years) / 10]

Road tax : 700/yr

Insurance : 1.7k/yr (bo bian..kenna accident once..)

Petrol : $260/month ~ $3.5k/yr

Cash card = $ 50/mth ~ $600/yr

Coupon = $120/yr

Parking = $1,200/yr home

Maintce = nil (drive till break down then change liao.)

 

Nil installment...costs me $8k abouts

 

damn..if buy car..prob gonna start costing me 1.5k a month at this current rate before all other expenses..

[GeraldineTan]

singapore may be getting expensive, but its also a place thats easy to make money if you know how to. Thats why alot of people around rich enough to afford flashy cars.

 

Oso known as have connections with the ruling party