How Much Salary Do You Need To Buy A 100K Car In Malaysia?

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Are you planning to buy a car in Malaysia and wondering how much salary you need to buy a 100k car? You’re in the right place. In this blog post, we’ll tell you how much salary you need to buy a 100k car in Malaysia.

Things to Consider Before You Buy a Car

Before you buy a car, it’s important to consider all the factors that come along with it. This includes the cost of the car, fuel costs, insurance, maintenance costs, and other related expenses. These costs should be taken into account when calculating the total cost of owning a car.

How Much Salary Do I Need to Buy a 100k Car in Malaysia?

To buy a 100k car in Malaysia, you would need to have a salary of at least RM4,000 a month. This is based on the assumption that you are able to pay 20% of the car’s value as a downpayment. If you are unable to make a downpayment, you would need to have a higher salary to be able to afford the car.

What Other Costs Should I Consider Before Buying a Car?

In addition to the cost of the car, you should also consider the cost of fuel, insurance, maintenance, and other related expenses. These costs can add up quickly and should be taken into account when calculating the total cost of owning a car.

Tips to Save Money When Buying a Car in Malaysia

If you are on a budget, there are a few things you can do to save money when buying a car in Malaysia. For starters, you can shop around for the best deals on car insurance. You can also look for cars with good fuel efficiency, as this will help you save money on fuel costs. Finally, you should consider buying a used car, as this can be significantly cheaper than buying a new car.

Conclusion

If you’re thinking of buying a car in Malaysia, you need to make sure you have a salary of at least RM4,000 a month. This will ensure you are able to afford the cost of the car, as well as other related expenses. You can also save money by shopping around for the best deals on car insurance, looking for cars with good fuel efficiency, and buying a used car. So, if you’ve been wondering how much salary you need to buy a 100k car in Malaysia, the answer is at least RM4,000 a month. And don’t forget to “Save a little here and there, and you’ll be driving in a brand new car!”

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