Tuesday, March 09, 2010

Cost of owning a car

I need your assistance to give some real life examples of the cost of owning a car. Please send your case study to me at kinlian@gmail.com.

1. Cost of buying your car - new/ used?
2. Initial payment
3. Loan taken, repayment period, interest, monthly payment
4. Cost of petrol per month
5. Cost of insurance (yearly)
6. Cost of parking, ERP per month (on average)
7. Cost of repairs

5 comments:

Anonymous said...

Might also include cost due to accidents over a period of time.

Some people may interprete cost of repairs as merely cost of maintenence service.

Anonymous said...

Cost of annual depreciation?
Cost of Fines - speeding/switching lanes/ driving into bus lanes/accidental beating of traffic lights when late for work or emergencies etc.

Anonymous said...

Cost of insurance - if you bump into a taxi, even a scratch, the bill will be huge - i never understood this concept. ;)

Anonymous said...

1. 35,000 (NEW)
2. 3,000
3. 33,600 : 10 : 2.5% : 350
4. 250
5. 2100
6. 100
7. 1000

Tan Kin Lian said...

Reply to 9:23 AM
Please send an email to me. I need to clarify some details with you.

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