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


Hitman
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that explains.

 

but he is wasting money spending money to zhng the already good 4 cyc engine of a 320.

wont get much improvement anyway and could potentially screw it

 

haha, erm, he only change his rims, lowering springs and cf bonnet&boot.

wun screw up anything

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haha, erm, he only change his rims, lowering springs and cf bonnet&boot.

wun screw up anything

 

I see. rims ok, lowering springs ok, CF bonnet and boot (super wannabe)

 

haha [laugh]

 

ok dont get angry now...

 

 

 

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Neutral Newbie

2011 BMW 5231

ERP Gantries : S$100/month x 12 months = S$1200.00 per year

 

Car Road Tax : S$1796 per year

 

Car Insurance : S$2300 per year

 

Instalments : S$2100 per month = S$25,200.00

Office Car Park charges : S$100 per month x 12 months = S$1,200.00

Fuel : S$950 per month x 12 months = S$11,400.00 @ 30,000 km per year average

 

Miscellaneous Carpark charges : S$300 per year

 

Workshop / Repair / Maintenance charges : S$1,000 per year (estimate)

 

 

Mine is 44,396.00!!!

 

Disclaimer : Insurance is at 30% NCD.

 

Fwah!!

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toto!!! -----------------> early retirement -------------------> long driving holiday on such roads :D .............. or simply stay there :D

 

I like the last idea.

 

On topic.

 

Damn, I must be one of the worst car owner in Singapore. I think I spend more last year than many people here. Mods already 5 figures, LOL. Yet I only do rough mental calculation on who much I need per month.

 

I thinks its almost $2.5k, without consider mod. [:p]

 

But I am glad to tell everyone that my ownship cost for the forseeable few months will be ZERO! No more car liao. hehe.

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I like the last idea.

 

On topic.

 

Damn, I must be one of the worst car owner in Singapore. I think I spend more last year than many people here. Mods already 5 figures, LOL. Yet I only do rough mental calculation on who much I need per month.

 

I thinks its almost $2.5k, without consider mod. [:p]

 

But I am glad to tell everyone that my ownship cost for the forseeable few months will be ZERO! No more car liao. hehe.

GOOD to have enjoyed your ride with all the efforts, TLC, and money you 'lavished' on it... :D

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2011 BMW 5231

ERP Gantries : S$100/month x 12 months = S$1200.00 per year

 

Car Road Tax : S$1796 per year

 

Car Insurance : S$2300 per year

 

Instalments : S$2100 per month = S$25,200.00

Office Car Park charges : S$100 per month x 12 months = S$1,200.00

Fuel : S$950 per month x 12 months = S$11,400.00 @ 30,000 km per year average

 

Miscellaneous Carpark charges : S$300 per year

 

Workshop / Repair / Maintenance charges : S$1,000 per year (estimate)

 

 

Mine is 44,396.00!!!

 

Disclaimer : Insurance is at 30% NCD.

 

Fwah!!

 

Muay hahahahah. $44k for a 523i ? Muayhahaha, you make me feel so good, bro!

 

 

 

 

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And both alphard cant go inside my HDB carpark hyek hyek

why not consider rent out your flat, then use your rental income, top up abit, rent a house with car porch?? ...two Alphards can sleep side by side there :D:D , another option: install adjustable hydraulic suspensions to lower your Alphard when it gets into the mscp...... (lowrider style) :D:D

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(edited)

Lets see how a typical annual B&B car expenses can be converted for taxi / train travels:-

 

Keeping it simple, lets say a new car worth 100k today (COE about 45k), spread it over 10 years we get back say 20k when its scrapped at the end of the 10yr.

 

Total write-off over 10 yrs = 100k-20k = 80k, ie 8k write-off per year (a)

 

Interest cost for 80k loan over 6yr = 80k x 5% x 6 = 24k (b)

 

Rdtx + Insur (for 10 years) = ( 1.3k + 1.2k ) x 10 = 25k

Edited by KARTer
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(edited)

2007 Renault Scenic (converted to OPC)

Car Road Tax : $242 per year (- $500 rebate)

 

Car Insurance: $1350 per year

 

Installment: $8112 per year ($676 monthly)

 

HDB Parking: $1080 per year

 

Fuel: $1800 per year ($150 monthly)

 

Cashcard topup: $600 per year ($50 monthly)

 

Maintenance: $1000 per year approx.

 

OPC Rebate: -$2200 per year

 

Total cost per year: $11,984

Edited by Vhardono
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why not consider rent out your flat, then use your rental income, top up abit, rent a house with car porch?? ...two Alphards can sleep side by side there :D:D , another option: install adjustable hydraulic suspensions to lower your Alphard when it gets into the mscp...... (lowrider style) :D:D

wah no money rent house with car porch hahaha dont waste money on renting, its either u buy or not to buy...

 

alphard installed with adjustable hydraulic suspensions??? sounds cool but still look like a van [bigcry]

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2011 BMW 5231

ERP Gantries : S$100/month x 12 months = S$1200.00 per year

 

Car Road Tax : S$1796 per year

 

Car Insurance : S$2300 per year

 

Instalments : S$2100 per month = S$25,200.00

Office Car Park charges : S$100 per month x 12 months = S$1,200.00

Fuel : S$950 per month x 12 months = S$11,400.00 @ 30,000 km per year average

 

Miscellaneous Carpark charges : S$300 per year

 

Workshop / Repair / Maintenance charges : S$1,000 per year (estimate)

 

 

Mine is 44,396.00!!!

 

Disclaimer : Insurance is at 30% NCD.

 

Fwah!!

u should buy a8 with that kind of car expense, a little difference only [:p]

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wah no money rent house with car porch hahaha dont waste money on renting, its either u buy or not to buy...

 

alphard installed with adjustable hydraulic suspensions??? sounds cool but still look like a van [bigcry]

Alphards are the in-thing to fetch VIPs, even movie stars etc go around in them.... :D

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Subaru Impreza 2.0RS

 

Instalments : $0

ERP Gantries : $300

Car Road Tax : $1200

Car Insurance: $2200

HDB Car Park : $1058.4

Fuel : $4800 (40%)

Carpark charges : $500

Miscellaneous/mod/repair :$1000

Servicing :$1000

$12k/year

 

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Subaru Impreza 2.0RS

 

Instalments : $0

ERP Gantries : $300

Car Road Tax : $1200

Car Insurance: $2200

HDB Car Park : $1058.4

Fuel : $4800 (40%)

Carpark charges : $500

Miscellaneous/mod/repair :$1000

Servicing :$1000

$12k/year

 

wrong lah!

 

should calculate depre cost not instalment.

 

 

[laugh]

 

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Mine as below, annual expenditure estimation based on 1st 4 months of usage, mainly from house to work, seldom go town or other areas... but things will change soon as I am travelling more and more lol...

 

Latio Sports Premium 06 (2nd hand)

 

Depreciation = $40K/69*12 = $7K (assuming drive till scrap)

Road Tax = $684

Insurance = $2100 (29yo, 0% NCD)

Petrol = 12K/(13km/l)*$2=$1850

HDB carpark = $764

ERP/Cashcard = $360

Servicing = $300

 

 

Annual cost = $13,058.... really put everything together then realise this is quite a high cost! on avg my monthly expenses including road tax, insurance all in except depreciation, monthly is only ~$500... and mine is considered low mileage, no town parking... -.-"

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