Why I Don't Spend More Than 20-30% of My Income on Car Expenses

[@DrBoeyVet]

hi Thomas.. good work on your vids, I really enjoy it. May I ask for your opinion, what about businessmen? If lets say a 500k car

[@xiper86]

thanks for the guidance. I have one question and still thinking if there is any good guidance (although there is no right or wrong answer). I calculate the loan to be around 15% of my income and the remaining 5% ish will be used for maintenance, insurance, etc. But for my self-defined rule, the loan cannot exceed 5 years. The question is if I shall "relax" the rule a little bit so that i can get a better car but stretch the loan to like 7 years? What's your thought on this?

[@WinTuned]

This might change my life soon 👌

[@jayem6425]

Inspiring as always

[@ThomasYap]

Thanks for watching!

[@shawn7255]

mike chang talking about car now 😂

[@josiahng6452]

I try to keep my total car expenses below 15% of my income. But last year it went up to almost 25% due to the damn Cayenne Turbo maintenance.

[@badman5356]

Please make a video about 'hidden cost of owning a car'.

[@ThomasYap]

Hm.. good idea. But it really boils down to what car model or brands. cost of ownership can change. IMO best approach is to actually research a little bit more on specific models that you are considering. That will give a clearer picture on reliability and costs. That is considering only on maintenance etc. Oh another factor... depends how hard you drive the car and what your standards are. haha. Good luck brother.

[@brightmorningstar1]

I have not changed my only seg Corolla for 20 years.

[@ThomasYap]

Nice.

[@brightmorningstar1]

@@ThomasYap I love watching your videos. I can only dream of owning such cars.

[@annechow4407]

Actually who is this Thomas Yap ? What industry is he in ? is he self sufficient or still receiving handout from his parents ?

[@FateSoulzZ]

kzbin.info/www/bejne/aXvPnXmlhKd5odEsi=_wAKc-nPRYNUkxC-

[@michaelchoo4685]

You must be fun at parties.😂

[@annechow4407]

@@michaelchoo4685 you never know. Nowadays a lot of ppl can't even support themselves for their university degree. They are called daddy's son

[@syakirinfakhruzzaman]

Kaya betul ini orang... 😂😂