31-03-2022, 11:03 PM
Buying a car? You need to be earning at least $8,850 first
The cheapest new car on the market as of Feb 2022 is the Perodua Bezza 1.3 Premium X which is going for $97,999
You need to cough up $2,040.32 per month, on top of the $29,400 down payment, which you’ll need to make in cash.
It’s not possible to responsibly afford a car on a monthly income of $3,000…
You need a gross monthly income of $8,850.80 to comfortably afford the cheapest car on the market.
https://www.asiaone.com/lifestyle/buying...8850-first
Why are cars so expensive in Singapore?
Singapore is notorious for being one of the most expensive cities in the world . And it’s no surprise that the cost of owning a car is astronomical.
The cheapest new car on the market as of Feb 2022 is the Perodua Bezza 1.3 Premium X which is going for $97,999
You need to cough up $2,040.32 per month, on top of the $29,400 down payment, which you’ll need to make in cash.
It’s not possible to responsibly afford a car on a monthly income of $3,000…
You need a gross monthly income of $8,850.80 to comfortably afford the cheapest car on the market.
https://www.asiaone.com/lifestyle/buying...8850-first
Why are cars so expensive in Singapore?
Singapore is notorious for being one of the most expensive cities in the world . And it’s no surprise that the cost of owning a car is astronomical.