You’ve probably heard and read all about the all-new (W206) 2022 that was last week. So, what’s the recommended minimum salary to own one?
In this monthly repayment guide, we’re taking the W206 Mercedes-Benz C-Class’ on-the-road prices without insurance, which are valid until 30-June 2022 when the SST discount period for fully-imported (CBU) cars ends.
The W206 Mercedes-Benz C-Class is available in two variants – C200 and C300, priced at RM 288,334 and RM 330,681 respectively.
Before we start here are a few things to note:
- Final amounts you’ll have to pay varies depending on insurance (provider, plans, and NCD), and any discounts given by dealers.
- All calculations in this article are based on a 10% deposit and the industry average 2.7 percent interest.
- A good general rule of thumb is that a car's monthly payment should not take up more than 20 percent of your salary.
With that out of the way, let’s find out its how much its monthly instalments are on a 5-,7-, and 9-year loan tenures.
2022 Mercedes-Benz C-Class – 5, 7, 9 year instalment | ||
---|---|---|
Tenure | Monthly instalment (RM) | |
C200 | C300 | |
5 years | 4,908 | 5,629 |
7 years | 3,673 | 4,212 |
9 years | 2,986 | 3,425 |
Based on 10% deposit, 2.7 percent interest |
Based on the above, here are the recommended minimum net salaries to get a W206 Mercedes-Benz C-Class.
2022 Mercedes-Benz C-Class – Recommended salary | ||
---|---|---|
Tenure | Recommended salary (RM) | |
C200 | C300 | |
5 years | 24,540 | 28,145 |
7 years | 18,365 | 21,060 |
9 years | 14,930 | 17,125 |
Based on 10% deposit, 2.7 percent interest |
On a final note, this is merely a guideline for you to have an idea how much your net salary should be in order to comfortably own the new W206 Mercedes-Benz C-Class. There are also many factors that affects affordability such as lifestyle and commitments.
Keyword: Here's how much you need to earn before thinking about buying a W206 2022 Mercedes C-Class