http://forum.lowyat.net/ Mon, 27 Jul 2026 22:07:29 +0800 FeedCreator 1.7.2 http://forum.lowyat.net/topic/5569511 I’ve been looking at numbers on getting a car......<br /><br />However, with the way interest rates, maintenance inflation, and second-hand depreciation have shifted over the years, the maths on the &#39;traditional ownership&#39; doesn&#39;t really add up to me these days. By the time most people are halfway through their loan(say 9 years, the combination of servicing costs, insurance premiums, and the rapid depreciation of the asset (relative to the interest paid) seems to make the &#39;asset&#39; a massive liability.<br /><br />I’m curious to hear from those who look at the numbers closely:<br /><br />At what point does the &#39;hidden cost&#39; of owning (servicing/tax/insurance/wear &amp; tear) outweigh the convenience of using Grab or car subscription?<br /><br />Has anyone here actually ditched the loan trap and try either Grab or Car Subscription? Does it actually save capital long-term, or is it just a &#39;convenience&#39; premium?<br /><br />Just looking to compare notes on the actual ROI of owning a car in the current market. cshereen Finance, Business and Investment House Wed, 01 Jul 2026 16:08:11 +0800