JJJLLL Neutral Newbie May 30, 2011 Share May 30, 2011 actually it all depends on how much you have in the bank you might be a fresh grad with 100k in the bank and after buying a cheap china car you still have 80k left over! i think fresh grad with 100k in bank wont have to post and consider so long just to buy a china 2nd-hand car haha! ↡ Advertisement Link to post Share on other sites More sharing options...
Steptronic Supercharged May 30, 2011 Share May 30, 2011 actually it all depends on how much you have in the bank you might be a fresh grad with 100k in the bank and after buying a cheap china car you still have 80k left over! If a fresh graduate has 100k in the bank, he can buy a new BMW/MB straightaway by getting the balance also from parents; why to consider 2nd hand Chinese ones? Interestingly, Salary.sg predicted based on few facts that $7650 should be the lowest income for owning a car here (follow the link below). How many of the fresh graduates get that salary? May be $7650 after 5-10 years?? http://www.salary.sg/2009/car-owners-do-yo...-more-than-765/ Link to post Share on other sites More sharing options...
The_Bear Turbocharged May 31, 2011 Share May 31, 2011 wow, so nice. well done Old White One. so which type of forummer are you? Gracia. I dunno which type am I but I certainly type alot. Link to post Share on other sites More sharing options...
JJJLLL Neutral Newbie May 31, 2011 Share May 31, 2011 If a fresh graduate has 100k in the bank, he can buy a new BMW/MB straightaway by getting the balance also from parents; why to consider 2nd hand Chinese ones? Interestingly, Salary.sg predicted based on few facts that $7650 should be the lowest income for owning a car here (follow the link below). How many of the fresh graduates get that salary? May be $7650 after 5-10 years?? http://www.salary.sg/2009/car-owners-do-yo...-more-than-765/ wahh $7650 ? or is this a propaganda to discourage people from buying cars? Link to post Share on other sites More sharing options...
Steptronic Supercharged May 31, 2011 Share May 31, 2011 wahh $7650 ? or is this a propaganda to discourage people from buying cars? In any case, $7650 is going to be the benchmark salary for buying new cars now as any B&B car costs close to 100k now! Link to post Share on other sites More sharing options...
13177 Hypersonic May 31, 2011 Share May 31, 2011 If a fresh graduate has 100k in the bank, he can buy a new BMW/MB straightaway by getting the balance also from parents; why to consider 2nd hand Chinese ones? Interestingly, Salary.sg predicted based on few facts that $7650 should be the lowest income for owning a car here (follow the link below). How many of the fresh graduates get that salary? May be $7650 after 5-10 years?? http://www.salary.sg/2009/car-owners-do-yo...-more-than-765/ $7650 salary is take home pay or gross? I think even after 5-10 yrs, even you are a graduates also cannot earn $7650. Unless you are in high paying industry. Normal manufacturing or service industry dont think so. Link to post Share on other sites More sharing options...
Steptronic Supercharged May 31, 2011 Share May 31, 2011 $7650 salary is take home pay or gross? I think even after 5-10 yrs, even you are a graduates also cannot earn $7650. Unless you are in high paying industry. Normal manufacturing or service industry dont think so. Not sure if it is gross or net and individual or household! What they did actually is that they found how much percentage owns a car and they simply assumed that only top income earners own those cars. On that assumtion, they found out the lowest income of that group, which is 7650! Link to post Share on other sites More sharing options...
13177 Hypersonic May 31, 2011 Share May 31, 2011 Not sure if it is gross or net and individual or household! What they did actually is that they found how much percentage owns a car and they simply assumed that only top income earners own those cars. On that assumtion, they found out the lowest income of that group, which is 7650! In this case, the lowest income group which earn 7650 can drive what car? Link to post Share on other sites More sharing options...
Dice 3rd Gear May 31, 2011 Share May 31, 2011 salary.sg article ish 2009 one leh! Link to post Share on other sites More sharing options...
Steptronic Supercharged May 31, 2011 Share May 31, 2011 In this case, the lowest income group which earn 7650 can drive what car? Salary.sg assumption is quite straightforward. If we go by that, $7650 getters would drive Cherry QQ! Link to post Share on other sites More sharing options...
Steptronic Supercharged May 31, 2011 Share May 31, 2011 salary.sg article ish 2009 one leh! True. I could not find out a later version. Any way, the economy upturn is heavily offset by COE raise. So, interms of owning cars, 2009=2011! Link to post Share on other sites More sharing options...
13177 Hypersonic May 31, 2011 Share May 31, 2011 Salary.sg assumption is quite straightforward. If we go by that, $7650 getters would drive Cherry QQ! Earn $7650 can only drive QQ???? Are they talking about $100K QQ? Link to post Share on other sites More sharing options...
Throttle2 Supersonic May 31, 2011 Share May 31, 2011 Earn $7650 can only drive QQ???? Are they talking about $100K QQ? sounds not far away in today's world taking into consideration a standard family man situation with two kids striving hard to be able to retire at 65. Link to post Share on other sites More sharing options...
Rein Neutral Newbie May 31, 2011 Share May 31, 2011 $7650 is household income leh... not 1 person income Read carefully wor Link to post Share on other sites More sharing options...
PPeripheraL Clutched May 31, 2011 Share May 31, 2011 yep household income.. imo it's a little high. but maybe it meant a normal bnb car and w/o downpayment and being able to live comfortably as well. and still be able to save a portion of one's salary. Link to post Share on other sites More sharing options...
Astonteo Neutral Newbie October 26, 2011 Share October 26, 2011 If you like a car and think you want it,just buy it . You only live once . Link to post Share on other sites More sharing options...
Tigershark1976 Turbocharged October 26, 2011 Share October 26, 2011 If you like a car and think you want it,just buy it . You only live once . I know u r newbie but i think u could post something wiser to click post rite?? "Just buy it"?? if u r earning less than 5K per mth, dont even think of buying a Picanto.... Link to post Share on other sites More sharing options...
Alexxx Clutched October 26, 2011 Share October 26, 2011 just get a used jap car. 5 yr old toyota? definitely affordable for fresh grad :) ↡ Advertisement Link to post Share on other sites More sharing options...
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