Menu
Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Reply to thread
Click here to become an Official Member of BMW Club Malaysia
Download Form
Home
Forums
The BMW Range
3 Series
What can i get from a monthly salary of RM12K after tax?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
<blockquote data-quote="funfer_fahrer" data-source="post: 161979" data-attributes="member: 2733"><p>If I were you, the price of the car that I am going to buy should not exceed my annual gross salary and you should try to work backwards from there. Figure out your monthly instalment from here. With your kind of salary try to look for the price between 150K-170K. You won't feel guilty paying and you won't feel like an idiot since I believe you are already at maximum bracket of paying income tax (29%). There's a lot of tax in a luxury car in Malaysia , you know. In other parts of the world, people are paying merely RM120K for a brand new E60. I can't afford to see you contribute MORE to the government by purchasing an expensive car. Whatever other disposable income left, consider invest elsewhere. A car is the WORST investment.</p></blockquote><p></p>
[QUOTE="funfer_fahrer, post: 161979, member: 2733"] If I were you, the price of the car that I am going to buy should not exceed my annual gross salary and you should try to work backwards from there. Figure out your monthly instalment from here. With your kind of salary try to look for the price between 150K-170K. You won't feel guilty paying and you won't feel like an idiot since I believe you are already at maximum bracket of paying income tax (29%). There's a lot of tax in a luxury car in Malaysia , you know. In other parts of the world, people are paying merely RM120K for a brand new E60. I can't afford to see you contribute MORE to the government by purchasing an expensive car. Whatever other disposable income left, consider invest elsewhere. A car is the WORST investment. [/QUOTE]
Verification
Post reply
Home
Forums
The BMW Range
3 Series
What can i get from a monthly salary of RM12K after tax?
Top
Bottom