In sg cars is a depreciating asset or is a liability if you are on tight budget.
Many hidden costs is not visible and will hinder your savings…
with cars you tend to go out more, up costs:
Fuel
Parking
Eating more
Etc
Unless it is really fulfilling a need and not want.
Why become a slave to the car?
That’s why those can afford, just buy and enjoy the convenience and time with your family. Anything combined $10k per month should be comfortable.
Those on tight budget ($6k), better not. No big head why wear such a big hat? Ownself suffer in the end.
Those no budget, then don’t jjww why COE expensive or just propaganda public transport better. 老实点,做自己的本分.
Saying no car is better is like saying all schools are good schools. Your argument depends on which camp you are in.