Originally Posted by Unregistered

I earn 110k annual and driving a b&B japn car, 7 yr old, though its in good condition, I am lusting over a new car. Just a vezel which is less than 90k for a 1yr old.
That is still a depreciation of 9.2k annual, not counting in petrol and bank interest/insurance.

WIth that in mind, its a monthly car bill of $900 to $1000 monthly, which I feel is a huge sacrifice. As such, I am still hoping COE will go down, or else I will renew COE on my existing B&B.

Car bill should be a luxury and not eat into the income needed to feed the family and plans for retirement.

my 2 cents