Posts tagged Purchasing Car
WHAT? This City Requires You To Win A License Lottery To Buy A Car!

Sometimes, it’s not the money that will prevent you from owning your dream car. Just ask anyone in Beijing, which is probably the first city in the world to have a “license lottery”. Yes, you heard that right. The government’s target is to cap the number of locally registered vehicles at below 6.3 million by the end of 2020. For a city of 22 million people, that is very few cars on the road.

 

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How Many Cars Does Your Family Need?

Car’s aren’t cheap. Even in Malaysia which has a wide selection of locally-made cars to choose from, each one represents a significant investment on the buyer’s part regardless of what their income might look like. Some families ease their daily routines by owning multiple cars. Perhaps there’s one car for dad, one for mum, and if the kids are old enough to drive, sometimes a family may also buy cars for them to drive to college or work every day. So this begs the question: how many cars does a family truly need?


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