Cost of Owning A Car In Singapore – A LOT!!

http://www.salary.sg/2015/how-much-do-you-need-to-earn-before-you-even-think-of-buying-a-car-in-singapore/

As I am planning to get a car, I looked through the market and evidently it cost more to get a second hand car than a brand new car!

Don’t get me wrong. the absolute cost of a second hand car is still cheaper than a brand new but the annual depreciation of a new car is lesser than a second hand. Unbelievable!

So how much must you earn to afford a car? Think again.

 

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