hw much do u earn?
- Thread starter regret
- Start date
Re: hw much do u earn?
You can actually see the profiles of the people in BMW.SG here.
http://www.bmw-sg.com/forums/offici...annual-household-income-before-taxes-sgd.html
You can actually see the profiles of the people in BMW.SG here.
http://www.bmw-sg.com/forums/offici...annual-household-income-before-taxes-sgd.html
Re: hw much do u earn?
Yo bro, u sold yr 318? goin for new ride ??
IMHO,the question you post is kinda relative and can be difficult to answer as each individual has a very different profile. Being a 523 owner, let me share with you my personal experience.
For a start, without fail on a annual basis there is this rd tax and ins, i reckon at least $4 to 5k a year will be spend on that. Petrol will cost you $4k to $5k on avg based on national avg of 20km travel. Then there is maint charges which i simply based on pure maint and svc and that can cost $500 to $2000 a year.
Lastly, not forgetting the annual car dep and for a 5 series, the loss is especially huge in the first yr amounting from $40 to $50k and i personnally adopt a $20k to $25k loss on a per yr basis(i mean for a e60 523). So if you will to total up the cost involved. In a nutshell, the yearly cost will be at best $30k though i choose to believe $40k is a more feasible figure.
If you follow % as yr annual income rule, ask yrself how much you are willing to allocate to this car assuming it don generate any income for you.
Oh yes the above do not factor in any mod yah.
Having say so, let's us not be too sticky over facts and figure. cos in life, you only live once and if everyone will to standby such rule, taxi biz will be booming.
End of the day,as long you live on yr income. I suppose there is nothing wrong in rewarding yrself over a ride you hanker most
regret said:
Yo bro, u sold yr 318? goin for new ride ??
IMHO,the question you post is kinda relative and can be difficult to answer as each individual has a very different profile. Being a 523 owner, let me share with you my personal experience.
For a start, without fail on a annual basis there is this rd tax and ins, i reckon at least $4 to 5k a year will be spend on that. Petrol will cost you $4k to $5k on avg based on national avg of 20km travel. Then there is maint charges which i simply based on pure maint and svc and that can cost $500 to $2000 a year.
Lastly, not forgetting the annual car dep and for a 5 series, the loss is especially huge in the first yr amounting from $40 to $50k and i personnally adopt a $20k to $25k loss on a per yr basis(i mean for a e60 523). So if you will to total up the cost involved. In a nutshell, the yearly cost will be at best $30k though i choose to believe $40k is a more feasible figure.
If you follow % as yr annual income rule, ask yrself how much you are willing to allocate to this car assuming it don generate any income for you.
Oh yes the above do not factor in any mod yah.
Having say so, let's us not be too sticky over facts and figure. cos in life, you only live once and if everyone will to standby such rule, taxi biz will be booming.
End of the day,as long you live on yr income. I suppose there is nothing wrong in rewarding yrself over a ride you hanker most
Re: hw much do u earn?
well said Turbo...
SLK is a lifestyle car and beautiful car.....e60 on the other hand is a practical sports sedan which u can ferry passengers.....it all boils down to ur needs and lifestyle......
OT a bit, ever consider the new 3 series cab ...which will be launch next yr..fingers crossed....
well said Turbo...
SLK is a lifestyle car and beautiful car.....e60 on the other hand is a practical sports sedan which u can ferry passengers.....it all boils down to ur needs and lifestyle......
OT a bit, ever consider the new 3 series cab ...which will be launch next yr..fingers crossed....
Re: hw much do u earn?
Yo! haven sold yet la..so did u finally get a gd deal for ur previous ride? maybe when l need to sell off, l consult u!
Hws ur 523 getting along? shiok?? ;p me now pondering over these lo...sianz SLK not very practically but think driving it the feeling will be damn shiok..sibe dilema!!
Turbo said:
Yo! haven sold yet la..so did u finally get a gd deal for ur previous ride? maybe when l need to sell off, l consult u!
Hws ur 523 getting along? shiok?? ;p me now pondering over these lo...sianz SLK not very practically but think driving it the feeling will be damn shiok..sibe dilema!!
Re: hw much do u earn?
Hey Regret,
gd deal on my previous ride? not really lah. i suggest you sell yr present ride first. In this way you will have no choice but to buy new ride kekeke,devil advocate.
Honestly two of yr choice are of different class leh, it really bottom to yr individual preferences.
hapi shopping.
Hey Regret,
gd deal on my previous ride? not really lah. i suggest you sell yr present ride first. In this way you will have no choice but to buy new ride kekeke,devil advocate.
Honestly two of yr choice are of different class leh, it really bottom to yr individual preferences.
hapi shopping.
Re: hw much do u earn?
being the owner of both cars.. (slk200 and 520i) i can tell you that both cars are very different... very different feelings and experience...slk200 is more fun to drive... quite practical... but only 2 seater... the topless driving is also very fun... whereas the 5 is more relaxed..classy.... very comfortable... i suggest u go and test drive both cars and see how..
as for me personally..i get bored of the slk already... but my love for the beemer...its still there... though the beemer is less flashy.. less flamboyant.. i just love it..
being the owner of both cars.. (slk200 and 520i) i can tell you that both cars are very different... very different feelings and experience...slk200 is more fun to drive... quite practical... but only 2 seater... the topless driving is also very fun... whereas the 5 is more relaxed..classy.... very comfortable... i suggest u go and test drive both cars and see how..
as for me personally..i get bored of the slk already... but my love for the beemer...its still there... though the beemer is less flashy.. less flamboyant.. i just love it..
Alex Z
Well-Known Member
Re: hw much do u earn?
Turbo has put it in a very nice way on the ownership of rides. People will always find ways to "reason" out their decisions.
Once bought, think of all the good points of the ride, for as long as you can. After all, if you are fickle, you will "reason" yourself out to change the ride sometime in the future. It is a cycle.
Enjoy! :juggle:
Turbo has put it in a very nice way on the ownership of rides. People will always find ways to "reason" out their decisions.
Once bought, think of all the good points of the ride, for as long as you can. After all, if you are fickle, you will "reason" yourself out to change the ride sometime in the future. It is a cycle.
Enjoy! :juggle:
Re: hw much do u earn?
Government taxing me SG$350 a month KNS!
RaptureM3 said:
Government taxing me SG$350 a month KNS!
martmode8850
Well-Known Member
Re: hw much do u earn?
guess with the maximum loan (10yrs) of S$150k for the 523i... monthly payment would be around $1.7k... thus need to gross $68k per yr to achieve it... therefore, monthly loan payment would be about 37.5% of take home income...
guess with the maximum loan (10yrs) of S$150k for the 523i... monthly payment would be around $1.7k... thus need to gross $68k per yr to achieve it... therefore, monthly loan payment would be about 37.5% of take home income...
T6
Well-Known Member
Re: hw much do u earn?
What abt costs of car maintenance such as petrol, road tax, insurance, wear and tear parts, parking charges,... and other expenses liking giving parents monthly allowance, income tax, mortgage? I personally think abit risky to spend so much on a ride if earning $70k region. I wld think annual income of $150k onwards seems more realistic leh.
martmode8850 said:
What abt costs of car maintenance such as petrol, road tax, insurance, wear and tear parts, parking charges,... and other expenses liking giving parents monthly allowance, income tax, mortgage? I personally think abit risky to spend so much on a ride if earning $70k region. I wld think annual income of $150k onwards seems more realistic leh.
Re: hw much do u earn?
I think driving a flashy sports car bought with a financial stretch (10-year loan etc) sounds very try-hard. Sure it's fun to drive but nobody ever needs a convertible you know
Be true to yourself man - there are many things in life more material than material.
I think driving a flashy sports car bought with a financial stretch (10-year loan etc) sounds very try-hard. Sure it's fun to drive but nobody ever needs a convertible you know
Be true to yourself man - there are many things in life more material than material.
