I just hope my reply will help you out.mpp wrote:hello everyone...we have just shifted to Singapore and are deciding whether to buy a car or lease a car as we r unsure as to how long we would be in singapore ...at the moment 3 years is definate..
can some one please give an average monthly expenses on owning a car right frm monthly instalment payable to monthly gas expenses, road tax and or any other expenses.We r not looking at a high end something of starter car.Also if we plan to lease a car other than monthly lease amount what all other expenses will be there.Say we use to car mostly on weekends only and sometimes for going to work
If you were to lease a car, only thing you will need to be paying will be the monthly leasing amount, gasoline, ERP, parking. As for the rest like car servicing, road tax... Those will be handle by the leasing company as the car was under their company name.mpp wrote:@dedric...so can i say if we decide to lease a car say mthy lease of $1200 in addition to that i need to pay for gas+ road tax+ ERP/parkin+ insurance so total would be around 1600-1800 per mth
Ok, i'll keep it simple:mpp wrote:tht means we need to pay the COE price if we buy the second hand car in addition to the car cost or is the COE cost included in the car cost itself
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