A NEW Car Running Cost 'per annum'

There're not many people really calculate how much money is actually needed annually to own, run and maintain a NEW car.

Nearly everyone is just interested to know how much sen the car consumes gasoline per kilometer besides scheduled maintenance cost.

Two FAQs:
1. Fuel Consumption
2. Maintenance Cost.

Those are more often than not the most influential factors in deciding which car to purchase amongst the short listed model/make available.

On the lighter side, wrt buying a car there are actually FOUR categories of Malaysian people mentality [regardless of their origin] based on their FAQs:
Category 1. Berapa batu/gelen or km/liter boleh jalan?
Category 2. Berapa laju boleh pecut?
Category 3. Berapa ramai boleh masuk?
Category 4. Berapa lama [tahun] boleh tahaaan?

Well, based on just those FOUR questions, certainly Peugeot308 Turbo satisfies everyone. No need to look around for the alternative. Nevertheless before buying ANY car always consider your financial statistics...

Believe it or not!
Fuel consumption and scheduled maintenance cost are actually just small fractions of the total sum of money needed annually [average] to own, run and maintain any NEW car. I repeat, ANY new car - not just specifically on a Peugeot308 Turbo!

The following table shows the sum of money generally needed annually by any NEW car in the price range of between RM100k~RM150k.

Look! You need to fork out between RM25.5k~RM38k annually for any NEW car in the price range of RM100k~RM150k. If your monthly average gross income is less than 5.5% of the car price probably you're spending more than one-third [33%] of your annual gross income on car/cars? then how much money is left for you to live today and in the future?

As a guide, it is best not to buy car/cars that cost more than the sum of your 18-month gross income. For best financial security is not advisable to spend more than your annual gross income on car. Otherwise u will be in financial disaster, if not today - wait a few years from now.

Well, money is not everything but for sure it is SOMETHING.

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