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used car monthly cost?
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used car monthly cost?
hi
can i buy a second hand car in singapore such that my total cost per month is less than 1000 SGD. the lower the better but the car should be decent enough.
thanks
m
can i buy a second hand car in singapore such that my total cost per month is less than 1000 SGD. the lower the better but the car should be decent enough.
thanks
m
Re: used car monthly cost?
Yes. Not hard at all. Look at old protons.
Re: used car monthly cost?
Look at sgcarmart - they have an option to search under certain values.
With a parf car coming up for scrap in a year or so the dealer is usually ok to disclose the final scrape / rebate value.
Subtract purchase value less scrap value and divide by number of months left before the COE expires and you have your 'cost per month' or what sinkies call 'depreciation per month'.
Sometimes the dealers will calculate this upfront for you.
With a parf car coming up for scrap in a year or so the dealer is usually ok to disclose the final scrape / rebate value.
Subtract purchase value less scrap value and divide by number of months left before the COE expires and you have your 'cost per month' or what sinkies call 'depreciation per month'.
Sometimes the dealers will calculate this upfront for you.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
- Strong Eagle
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Re: used car monthly cost?
Then, add insurance, road tax, if getting ready to expire, maintenance and petrol.PNGMK wrote:Look at sgcarmart - they have an option to search under certain values.
With a parf car coming up for scrap in a year or so the dealer is usually ok to disclose the final scrape / rebate value.
Subtract purchase value less scrap value and divide by number of months left before the COE expires and you have your 'cost per month' or what sinkies call 'depreciation per month'.
Sometimes the dealers will calculate this upfront for you.
Re: used car monthly cost?
True. Petrol runs at about $100 per week for me, Road tax at $1800 per year for me and maintenance is difficult to calculate as most of it these days is performance enhancement (but it's usually cheap).Strong Eagle wrote:Then, add insurance, road tax, if getting ready to expire, maintenance and petrol.PNGMK wrote:Look at sgcarmart - they have an option to search under certain values.
With a parf car coming up for scrap in a year or so the dealer is usually ok to disclose the final scrape / rebate value.
Subtract purchase value less scrap value and divide by number of months left before the COE expires and you have your 'cost per month' or what sinkies call 'depreciation per month'.
Sometimes the dealers will calculate this upfront for you.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
- ScoobyDoes
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Re: used car monthly cost?
On engine size, car type, age and driving experience etc. you can get insurance around S$1000/yr or less and road tax for less than $1000/yr.
Maintenance and petrol is another issue.
It's quite an interesting calculation, and one I've been doing the last couple of months as I get ready to replace my current car. Buying a 1-2yr old car and keeping it for five years is more expensive, on a monthly basis, than buying a new one and keeping it for the same period, assuming brand etc. is the same.
I still have just over 15-months left on the CoE but the paper value is low based on the cheap CoEs 8-10yrs ago and no dealers are offering more over that on trade-in.
Maintenance and petrol is another issue.
It's quite an interesting calculation, and one I've been doing the last couple of months as I get ready to replace my current car. Buying a 1-2yr old car and keeping it for five years is more expensive, on a monthly basis, than buying a new one and keeping it for the same period, assuming brand etc. is the same.
I still have just over 15-months left on the CoE but the paper value is low based on the cheap CoEs 8-10yrs ago and no dealers are offering more over that on trade-in.
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Re: used car monthly cost?
the beater fiat 1.3 my wife uses is about 9k/year, and that's with all repair/running costs (insurance and 400km/week worth of gas money) included.
try to find something low maintenance or something that can go on and on without much care. the engine in her fiat is bullet proof with a 20,000km service interval... and won't blow up if the timing belt snaps.
try to find something low maintenance or something that can go on and on without much care. the engine in her fiat is bullet proof with a 20,000km service interval... and won't blow up if the timing belt snaps.
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Re: used car monthly cost?
i would say running cost for used car should be in the range of 1.5k (approx)
900-1k for loan (10k depreciation a year)
Season parking 90
Insurance 80
Petrol 200
Maintenance 100
900-1k for loan (10k depreciation a year)
Season parking 90
Insurance 80
Petrol 200
Maintenance 100
Re: used car monthly cost?
Why does a midget need a car? You won't be able to reach the pedals?midlet2013 wrote:hi
can i buy a second hand car in singapore such that my total cost per month is less than 1000 SGD. the lower the better but the car should be decent enough.
thanks
m
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
- the lynx
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Re: used car monthly cost?
Do you really have to?PNGMK wrote:Why does a midget need a car? You won't be able to reach the pedals?midlet2013 wrote:hi
can i buy a second hand car in singapore such that my total cost per month is less than 1000 SGD. the lower the better but the car should be decent enough.
thanks
m

Re: used car monthly cost?
I just can't help myself.the lynx wrote:Do you really have to?PNGMK wrote:Why does a midget need a car? You won't be able to reach the pedals?midlet2013 wrote:hi
can i buy a second hand car in singapore such that my total cost per month is less than 1000 SGD. the lower the better but the car should be decent enough.
thanks
m
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
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Re: used car monthly cost?
I have friends owning a Honda Fit and he's paying 1.1k all in including car park, petrol and maintenance.
Re: used car monthly cost?
have you ever taught of leasing instead?
owning a car is costly nowadays...take into consideration that now you can only get a maximum loan of 60%
owning a car is costly nowadays...take into consideration that now you can only get a maximum loan of 60%
Re: used car monthly cost?
What do you consider a good model for second hand importation?usedimportcar wrote:We are the leading used car importers in Singapore. Our company is composed of highly experienced importers who can help you navigate through the process of self-importation with ease.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
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