Kopites Supersonic July 10, 2020 Share July 10, 2020 Just now, Vinceng said: Cars are built to last beyond 10 years. In Singapore, there's the common perception that cars can't past beyond 10 years, with hefty repairs. Fact is, if you own a simple bread and butter Jap, Korean or Malaysian make, maintenance cost is affordable and those 4 speed auto are very hardy. You can't expect a 10 yr old car to drive on without change of wear n tear parts Yes is true but that Chap brought it resales. If he has brought it new i am sure can last 20 to 30 years. No knowledge of how previous owner(s) maintenance records my advice is to keep for another 5 years. The max. ↡ Advertisement Link to post Share on other sites More sharing options...
Tohto Hypersonic July 10, 2020 Share July 10, 2020 17 minutes ago, Fitvip said: It is good to have a thorough consideration before committing as a car is a big ticket item and it is going to drain the family finances heavily. Just starting a family, it is very basic to have at least 6 months reserve for rainy days. The present economic situation warrants it to be increased to at least one year! Hold the desire and start saving. Waiting for the opportune time to commit rather than doing something which one can ill afford. My wife is one that hit due to Covid 19. She work in tourism industry and since Feb had been no income. Now working in ntuc as part timer, she has seen other part timer from hotel, SIA steward in the same NTUC fairprice. We know the pain. Lucky my job is still very stable. 7 Link to post Share on other sites More sharing options...
Hamburger Hypersonic July 10, 2020 Share July 10, 2020 Instead of buying car insurance, it's more imperative to buy child's insurance with hospitalization. 6 Link to post Share on other sites More sharing options...
Ct3833 Supersonic July 10, 2020 Share July 10, 2020 22 minutes ago, Tohto said: My wife is one that hit due to Covid 19. She work in tourism industry and since Feb had been no income. Now working in ntuc as part timer, she has seen other part timer from hotel, SIA steward in the same NTUC fairprice. We know the pain. Lucky my job is still very stable. Glad to know your job is stable. The fact that your wife is able to secure a part time job is also a blessing during this difficult time regardless the pay. 4 Link to post Share on other sites More sharing options...
Tohto Hypersonic July 10, 2020 Share July 10, 2020 15 minutes ago, Hamburger said: Instead of buying car insurance, it's more imperative to buy child's insurance with hospitalization. The younger the cheaper the price. Link to post Share on other sites More sharing options...
Shinylord 1st Gear July 10, 2020 Author Share July 10, 2020 44 minutes ago, Hamburger said: Instead of buying car insurance, it's more imperative to buy child's insurance with hospitalization. Ah yes child hospitalization insurance , it slipped my mind 😅 , another issue to discuss with wifey, going to get killed for forgetting abt it 3 Link to post Share on other sites More sharing options...
Ct3833 Supersonic July 10, 2020 Share July 10, 2020 (edited) On 7/8/2020 at 8:31 PM, Fuelsaver said: Just sharing my experience many yrs back. I managed to earn in excess of 3k before CPF deduction then. Got a Coe car for some 14k. Because of my spending habit, l'm left with very little every month even I'm single. But I need to work 6 days back then from 8-7. If you are taking back less than 2k, pls don't buy if you can bear with it. You will be taken aback by the "unforeseen" costs. Used car that is out of warranty coverage can be a time bomb. Many bros before me have given you the details so I shan't bore you further. 2k per month is still very low to own a car. Let me use some states here. number of house hold =1.37mil Number of cars on the road =600k Median household income = 9.2k per month Meaning, half the house hold earn more than 9.2k. And less than half of the 1.37mil house hold are owning a car. Assuming 2 pay cheques per house hold, that translates into 4.6k per person per month, that average out to be about every 2 persons who earn 4.5k or more , only 1 would own a car. Those who earn below 4.5k, are below the median earning level, should try not to own a car, of course , there are exceptions, some need a car for living, some need it for unique reasons, on the contrary, some rich one dont even own a car. What I am sharing is in GENERAL........ in Singapore we always talk about generals...no generals no talk....😄😄😄 Edited July 10, 2020 by Ct3833 1 4 Link to post Share on other sites More sharing options...
Vegas Turbocharged July 12, 2020 Share July 12, 2020 On 7/7/2020 at 11:52 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 😅 sorry, but its def not the income to think about a car esp with your baby... its not even stretched... its pretty impossible unless you eat bread daily, ur wife too, and baby drink condense milk mix with water 1 Link to post Share on other sites More sharing options...
Shinylord 1st Gear July 12, 2020 Author Share July 12, 2020 1 hour ago, Vegas said: sorry, but its def not the income to think about a car esp with your baby... its not even stretched... its pretty impossible unless you eat bread daily, ur wife too, and baby drink condense milk mix with water Yes i agreed and decide not to have a car but either rent it or take a grab if any urgent situation arrives after reading throught all the comment and advise 🙂 4 Link to post Share on other sites More sharing options...
awhtc 6th Gear July 13, 2020 Share July 13, 2020 If the budget is tight, it is always better to rent first and supplement with driving PHV - lower upfront payment and long term financial commitment. Link to post Share on other sites More sharing options...
Voodooman Supersonic July 13, 2020 Share July 13, 2020 (edited) On 7/8/2020 at 9:34 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. Driving PHV for a young man like TS is a dead end's job. He might have better long term prospect by holding down a stable job with benefits and opportunity to upskill. Edited July 13, 2020 by Voodooman 4 Link to post Share on other sites More sharing options...
Fitvip Supersonic July 13, 2020 Share July 13, 2020 On 7/10/2020 at 2:12 PM, Shinylord said: Ah yes child hospitalization insurance , it slipped my mind 😅 , another issue to discuss with wifey, going to get killed for forgetting abt it Have you explore what staff benefits you can enjoy? NSmen should have some benefits , if I am not wrong. Link to post Share on other sites More sharing options...
Jamesc Hypersonic July 13, 2020 Share July 13, 2020 Heng one less bidder for next COE. 1 Link to post Share on other sites More sharing options...
Fitvip Supersonic July 13, 2020 Share July 13, 2020 5 minutes ago, Jamesc said: Heng one less bidder for next COE. You can reuse the GV COE leh! 1 Link to post Share on other sites More sharing options...
Jamesc Hypersonic July 13, 2020 Share July 13, 2020 8 minutes ago, Fitvip said: You can reuse the GV COE leh! 1 Link to post Share on other sites More sharing options...
Fitvip Supersonic July 13, 2020 Share July 13, 2020 3 minutes ago, Jamesc said: The upper one cannot pass lah! Imagine she id your mil watching her car go up in flames, she would be very sad and shocked!🤣 1 Link to post Share on other sites More sharing options...
Jamesc Hypersonic July 13, 2020 Share July 13, 2020 2 minutes ago, Fitvip said: The upper one cannot pass lah! Imagine she id your mil watching her car go up in flames, she would be very sad and shocked!🤣 MIL trapped in car on fire. Link to post Share on other sites More sharing options...
Shinylord 1st Gear July 15, 2020 Author Share July 15, 2020 On 7/13/2020 at 1:35 PM, Fitvip said: Have you explore what staff benefits you can enjoy? NSmen should have some benefits , if I am not wrong. Yes i did 🙂 ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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