Simple maths in my case (freed):
Rent:
$70 (min based on market rate) x 30 days = $2100
Buy:
$1152 + $2500/12 insurance + $684/12 road tax + $150 servicing (ex cos still under warranty only 1 ws can do) = $1567
LTO:
$90x30 days = $2700
Benefits buying over rental. I can afford to rest on weekends due to lower cost.
Previously renting diff cars from $50-60+ per day in the end bought avante second hand which cost $700+ mth but scrap early due to fuel tank leak. In view of long term need, my wife side got 5 pax. If they come sg i cannot fetch all. So logically next car is mpv for my case.
Anyway in long run i still need a car which i why i buy instead. Since already jobless for so long i dun know how long more i be driving ft hence better to have own car then rental. If i lucky enough to find a new job later. I figure i can still afford the car since i can use my dest to cover to fro work. And just do 1 day in weekend. Minimally at least can cover my monthly installment without forking out from my ft job pay.
And cos i stay in jurong west i am not restricted to not finding jobs as far as changi.