Lets not say COE and other blah blah blah...
Juz consider monthly expenses:
Season parking : $65/mth
ERP: $4/day (approx) = $80/mth
Petrol: for $1.9/litre of petrol = $160 /mth (light travelling and
to and fro work)
Parking: In Orchard, HDB carpark $2/hr..if u go shopping+ movies,
approx $10 for 5 hrs. So 1 mth, 4 times = $40/mth
so 65+80+160+40 = $350 (min)
If you take car loan, paying $400 monthly installments
Factor in those occasion parking , erp summons etc..
Monthly, u have to pay $750(min)
Other expenses:
Road tax $400/6 mths
Insurance $800/yr
Servicing, maintainance: $800/yr
Occasional paintjobs $100 - $150/visit
No doubt fuel price gonna increase again...
If MRT,
1 trip max $2..
Give you 1 day, 2 trips + bus transfers = $6/day
30 days = $180
Occasionally late night movie+ suppers, nightrider $3/trip or at
most cab mid-nite = $40. 4 times per month, $160
So total, $180 + $160 = $340 (avg)
U still can save $410 per mth.
That's for my comparison...dunno abt others...cheers
