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

[MBC]

Hi guys,

Anyone knows of a good and reliable workshop to service para imported mercs? Cos C&C charge a RIDICULOUS adoption fee of 10-50K if I want to send my car for them to service!!!! And in addition, I can only send to the one at pandan loop on mon to thur only!!!!

[LOstFinDer]

Wow... ERP actually amount up to as high as Road Tax...? Can't they like charge double road tax and do without ERPs...... it's troublesome having to keep toping up that cashcard...

[13177]

Wow... ERP actually amount up to as high as Road Tax...? Can't they like charge double road tax and do without ERPs...... it's troublesome having to keep toping up that cashcard...

Cannot, cause not everyone is using the ERP rd.

[Kwinsee]

so high..can't afford it..

[Gigi_frana]

Fuel problems?...check out the future of auto industry

 

http://hubpages.com/hub/Electric-Cars-futu...f-auto-industry

[KARTer]

Mine is an old tiny mpv, coe-ed, made in 1991-3 not too sure:-

COE Rebate @ 8.5th yr: $ 0, body value: $1 or less/negative

Depreciation a year is $ 900 per yr (if driven till COE expires in 8.5yr's time)

 

Insurance $400 for 3rd party

Road Tax $ 600

Maintainence say $ 550

 

Since it can sit 6 persons plus 1 driver, can convert to a mini van, it's quite low-cost yet can cruise on expressway at about 100kmh (but must give lots of distaance for braking)

[Alphas]

ur insurance is low, most pple >1000 for insurance

[KARTer]

ur insurance is low, most pple >1000 for insurance

3rd party insurance, that's why it's low...

[Luoxy]

06 Nissan sunny 1.6A

 

Installment = 0 (full paid)

Road tax = $760

Insurance = $1.4k

Petrol = $300 per mth = 3600

Cash card + coupon parking = $1200

Car park = $90*12=1080

Office car park = $free

Maintenance = $1000 ( service in malaysia)

 

Miscellaneous : Approximate S$2k per year

 

approx 10k a year

 

should be 10k+depreciation/year

[Luoxy]

Mercedes C180 CGI

 

Installment $25,200

Insurance $2,400 20% ncd

Road tax $1,001

Petrol $2,400 (I drive average 1k per month)

Carpark $3,600 CBD office

Cashcard $1,600

Maintainence (FOC) (using service credits)

 

Total $33,800 (Jesus Christ)

 

where is your PARF?

[Luoxy]

the way TS and most of posts calculation are not technical correct and it is not fair to compare in such way as loan period are different and PARF are different for each car owners. And most of the calculation uses installment, instead they should be using actual deprecation taking into account of net interest payment.

 

attached is spreadsheet i used. (downloaded from internet with my own modification)

 

interest bro can use it and we can compare our real cost of ownership on a common calculation basis.

 

Car_Cost_Calculation.xls

 

my used OPC Mazda 3 monthly summary,

Edited December 10, 2010 by Luoxy

[Luoxy]

the ultimate car cost calculation spreadsheet, for new/used car, for black plate and converted OPC. feel free to download, update, revise, share and discuss......

 

this supersedes my spreadsheet in post upstair.

 

Ultimate_Car_Cost_Calculation_v1.0.xls

Edited December 13, 2010 by Luoxy

[Joelkoh72]

06 Hyundai Getz (1.1M)

 

Installment = $437 x 12 = $5244

Road tax = $469

Insurance = $914/=

Petrol = $300 per mth = 3600

Cash card + coupon parking = $840

Car park = $90*12= $1080

Maintenance = $400 (average 2 servicing per year, no major parts changed)

 

Adds up to about $12.5K per year...

 

Hope the info is useful...

 

[Ariffinaldo]

2007 Toyota Altis 1.6A (OPC)

 

ERP Gantries : Once in a blue moon only (say $10/month)

 

Car Road Tax : S$50 per year

 

Car Insurance : S$2000 per year (just started and yet to renew)

 

Instalments : S$4320 per year

 

HDB Car Park charges : S$65 per month x 12 months = S$780

 

Fuel : RM$500 per month x 12 months = RM$6000.00 @ S$3300

 

Miscellaneous Carpark charges : S$300 per year

 

Workshop / Repair / Maintenance charges : S$800 per year (estimate)

 

 

Mine is $11560/year

 

 

[Ariffinaldo]

Well nothing beats getting your first car. The feeling is just great.

[Carson]

Hello,

 

This amount is not possible for me to afford for such purchase, you earnings are great man...

 

Thanks!

[Melt]

Nice spread sheet

[Vhtfhwlego]

2004' Fit - Annual Mileage 38000km

 

Depreciation - $6500 per year

Insurance - $600 (50% NCB)

Parking - $65 X 12 = $780

Cash Card for ERP & Parkings - $40 X 12 = $480

Parking Coupons - $20 X 12 = $240

Road Tax - abt $700 per year

Maintaince - abt $1000 per year (no mods)

Interest Paid per year (due to high loan) - $1911

Petrol Cost: 38000km / 13.5km X $1.78 = $5010.38.

 

Total: $17,221.38.

 

Company paid for all of above = cost per year ZERO .

I remember this topic and I would like some suggestions.

I am giving a chance to work in a US MNC and they offer transport allowance of 0.68km with fully paid ERP/Parking during office hours.

I used to travel 38000km when I was a outdoor sales and currently looking at the below figures and wondering whether I should take up the job.

 

2006 Mazda 6 - Annual Mileage 36,000km

 

Depreciation - $6000 per year

Insurance - $2200 (0% NCB)

Parking - $65 X 12 = $780

Personal Cash Card for ERP & Parkings - $30 X 12 = $360

Corporate Cash Card for ERP & Parkings - NA

Road Tax - abt $1400 per year

Maintaince - abt $2000 per year (no mods)

Interest Paid per year (due to high loan) - $1,052.80

Petrol Cost: 36000km / 7.3km X $2.05 = $10,109.59.

Petrol Claim: 27680km X $0.68 = ($18,822.40).

 

Total: $5,079.99.