In a viral Threads post by @umar_othmann, Umar, a car sales advisor shared a brief conversation he had with a young man who was aiming for a Mercedes.
But here’s the challenge. The unnamed young man only earns a basic salary of RM1,500 a month and a net salary of RM3,000.
“The downpayment itself is more than 200,000, sir,” Umar told the young man.
Umar explained to the young man that since he makes a mere RM3,000 a month, the downpayment has to be more than RM200,000 with a guarantor. The young man, however, can only afford to pay a down payment of RM5,000.
“It’s not enough. The monthly instalment itself costs more than your salary. The ideal salary for this car is RM9,500 and above,” Umar told the man.
In Umar’s Thread’s post, he highlighted that he had to control his emotions when dealing with customers who spend beyond their means.
“It gives me headaches when dealing with youth who are just starting to live their lives. You have a big appetite and you want to spend more than you earn.”
In a brief conversation with WORLD OF BUZZ, Umar shared the details of the car that the young man had in mind to purchase.
It’s the Mercedes-Benz A45S 4Matic Plus, which costs more than RM312,000.
The monthly instalment costs RM3,161, assuming you paid 10% of the downpayment. Judging from the young man’s monthly salary, he is unlikely to afford it.
“I recommended other cars that were more suited to his budget, but he kept insisting on cars that he clearly couldn’t afford, such as the Honda DC5,” Umar told WORLD OF BUZZ.
Umar, however, is unsure if the young man was a fresh grad, stating that the latter only revealed his salary.
It’s not wrong to dream big but not when you’ll end up in massive debts. What was the car that you aimed at when you just started working?
Also read: 30yo M’sian With RM4K Salary Gets Stuck in RM90K of Debt After Using 6 Credit Cards
