39th SG With an income of 32K p.a, what 2 litre car can i buy and how much loan can i take from bank? Anyone can kindly advise?
drumstick SG 32k / annum for 2 ltr car, will be a bit tight. if I remembered correctly they wun give you 100% loan at the most is 95%. Unless you put under combine name with your spouse. If your installment is around $600 a month shouldn't be a problem. 2 ltr car road tax about $1440 a yr. Insurance wise would be more than $1600 (0% NCD + above 35yr old + no accident) if it is mazda 6 2.0. That is one of the lowest I would advise you to get a 1.6 sedan or 1.8mpv like pinic. Not to forget servicing which could range from $100 to $800 depending on which package for a typical sedan Its quite hard to say on forums. you will need to seek advise from your frens who are driving or from SE in car showroom. Talk to a few and compare what they say. What you can try is target a few cars in your mind and get more information on it.
VampireEB SG So bascially u took home ard the figure $2000 plus ? Well you could obtain a full loan from the bank for up to 10 yrs and mthly gotta fork out $600 plus for the loan and expenses excluding road tax,fuel, insurance and season parking fees etc.