Quote:
Originally Posted by mack
This survey is not accurate at all. Occupation like pilots, management consultants, investment bankers, are not in the list. I am quite sure that there are alot of surgeons, lawyers, bankers and traders that make much more than just $12750. Else how can they afford those expensive cars like lamborghini, ferrari, porsche, maserati, BMW and merz with just $12750.
A good example will be this private banker, I don't think even with a monthly salary of $20k can afford a lamborghini, Porsche Carrera and BMW M5.
The fast and the modest?
Rubbish! |
You are right. This list only shows the average. Top lawyers with 15 years and above experience (whether litigation, corporate, real estate, etc) make anything between S$60k to 150k per month. I am discounting those top 100 or so Singapore lawyers who make upwards of S$200k per month. Same with top accountants. Bankers? Even more! Top surgeons and other specialists can easily make S$200k to S$1m a month. But you're talking here about the top 3-5% of each profession.
And you're right. No one can afford a Ferrari or Lamborghini (even second or third hand ones) with S$20k per month. You're looking at at least S$100k per month before you even think about exoticars. Unless, of course, you choose to own and stay in one small cheap condo and spend all your money on the car! These cars are not cheap to maintain (service, petrol, insurance, road tax, etc) and you need at least another car because you don't really drive these cars to work (although I know of a few who do). And you don't want one of your cars to be a Lambo and the other to be an Altis right? So, a Lambo/Ferrari plus a Cayenne/Range Rover Sport/M3/M5/C63AMG/7-series/S-class, etc. Go calculate the maintenance on the cars alone! And you don't want to be staying in Sengkang with your Ferrari/7-series right? So, que the condo in Ardmore/Orchard/Sentosa Cove/Marina Bay area, the bungalow in Bukit Timah, etc? And you cannot be wearing your Seiko driving your Aston right? So, in comes the AP Royal Oak Offshore, Pateks, Lange, etc. And so on and so on ...
Of course, you can just be a motor head and plonk all your money on a used Ferrari/Lambo. In which case, you probably still need to earn at least S$30-40k month!