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
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5 comments:

  1. AnonymousMarch 09, 2010 2:30 PM

    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.

    ReplyDelete
  2. AnonymousMarch 09, 2010 6:21 PM

    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.

    ReplyDelete
  3. AnonymousMarch 09, 2010 10:22 PM

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

    ReplyDelete
  4. AnonymousMarch 10, 2010 9:23 AM

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

    ReplyDelete
  5. Tan Kin LianMarch 10, 2010 12:24 PM

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

    ReplyDelete