How much is too much?

[granzon]

Re: How much is too much?

Hi SMYUEN,

Sigh...I wish I was a guy to whom S$500,000 is peanuts

I absolutely agree with you (including your approach to "modding")... that's the same principle I apply to housing (and everything else) too!

And what I wanted to get a sense of is exactly that, ie. what you guys perceive as a comfortable/reasonable amount to spend (on your car) as a proportion of your annual income... which I think inherently adjusts for relativity of income levels to a certain degree...

Am currently driving an AR156 2.0TS...

Wow, that's one of my "achieveable dream car". Alfa Romeo.
I know nuts about cars except driving from point A to B but I really like the curves on the Alfa Romeo car body. Unfortunately, its a car beyond my reach currently.
My dream car is a Lambourghini but I don't forsee myelf having the capacity to buy it this lifetime but hey the Alfa is something if I strive for it, I can buy it a few years down the road.

You guys are lucky, if true car enthusiasts are those that spend 15-20% of their income on their cars, then I think I am classified as a "true car thusiast too" because that's my rough expenditure on my trusty vios. I was thinking trying to save as much as I can and driving this car for at least 5 years and hopefully I can buy something I want for my next car.

 

[Darth Vader]

Re: How much is too much?

i do hv a big passion for cars....every 2 weeks i hv to screw my head back in place...i hv put off buying a 500k car for 2 yrs....and i tell u boy am i suffering....the flip side of the coin is that i hv put that money to good use. so there r big advantages to being prudent. but b4 i die i must own a GTB 599 or its equivalent..when the time comes...if not pls burn ferrari/lambo paper cars for me hor....just dun gimme a AMG merc...i will haunt u. cant find ferrari burn me some hondas....in my eyes better than mercs.

although you are a fark head.we share the same ideology on mercs.

 

[centurion]

Re: How much is too much?

although you are a fark head.we share the same ideology on mercs.

EVEN the wonderful new AMG 6.2 litre NA engine?

 

[raceboi]

Re: How much is too much?

Try to aim for annual depreciation + road tax + insurance not to exceed one month's salary/income.

 

[satines]

Re: How much is too much?

Try to aim for annual depreciation + road tax + insurance not to exceed one month's salary/income.

Very interesting.

So a Civic 1.8
Dep at $6500?
Insurance $1200?
Road Tax err $1200?
So a typical Civic 1.8l driver should make about $120k per annum

Let see a 320i
Dep at 11000
Insurance 1500?
Road Tax 1400?
So a typical 320i driver should make about $180k per annum

A Picanto
Dep at $3500?
Insurance $900?
Road Tax $500?
...wa...drive Picanto also near to earn more than $60k per annum....

How come Singapore still so many car.