Hi, May i know how much you guys can save if bought own car to drive? TIA~
Currently my rental car per week is $422 mazda 3...
The cost is dependent on the particular car's history, previous owner's maintenance & how much you are willing to spend on future maintenance/replacement. The more you spend, the more reliable your car
may be.
Typically:
-servicing(change engine oil) is $50-$250(depends on you) every 10,000km
-petrol cost is dependent on usage(cannot be precise eg. $1-$500 weekly)
-tyres(can be as cheap as <$300 every 50,000km mileage or higher)
-road tax(depends on the car's capacity)
-commercial insurance(depends on car's risk profile, driver's age/NCD)
-LTA blue decal $20(one-time cost)
-LTA vehicle conversion to Z10/11($100), scraping car another $100 convert back.
-wear & tear replacement, typically few thousand. Depends.
-set aside few thousands for accident claims(excess or private settlement)