there's never a good time to buy a car

In singapore, buying a car is a liability from day one. I have been a car owner for almost 20 years ( bought 2 new cars and lasted the whole duration of the COE). A car is just a necessary liability just to tide through the years when starting a young family..once the kids grow up, you don't really need one. My advice for those wanting to buy a car is: dual income of at least combined 10k, buy only reliable brands with good fuel efficiency...