Here's how much you need to earn before thinking about buying a W206 2022 Mercedes C-Class

Shaun · Mar 3, 2022 09:00 AM

Here's how much you need to earn before thinking about buying a W206 2022 Mercedes C-Class 01

You’ve probably heard and read all about the all-new (W206) 2022 Mercedes-Benz C-Class that was launched last week. So, what’s the recommended minimum salary to own one?

Here's how much you need to earn before thinking about buying a W206 2022 Mercedes C-Class 02

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.

Here's how much you need to earn before thinking about buying a W206 2022 Mercedes C-Class 01

The W206 Mercedes-Benz C-Class is available in two variants – C200 and C300, priced at RM 288,334 and RM 330,681 respectively.

Also read: Launched in Malaysia: All-new (W206) 2022 Mercedes-Benz C-Class - From RM 288k, CBU

Here's how much you need to earn before thinking about buying a W206 2022 Mercedes C-Class 02

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.

Also read: Weak Ringgit driving car prices up? Here’s how Mercedes-Benz Malaysia is managing it

Here's how much you need to earn before thinking about buying a W206 2022 Mercedes C-Class 03

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

Here's how much you need to earn before thinking about buying a W206 2022 Mercedes C-Class 04

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

Here's how much you need to earn before thinking about buying a W206 2022 Mercedes C-Class 05

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.

Also read: Waiting for the cheaper CKD W206 Mercedes-Benz C-Class in Malaysia? Don’t bother

Shaun

Writer

The quest for automotive knowledge began as soon as the earliest memories. Various sources information, even questionable ones, have been explored including video games, television, magazines, or even internet forums. Still stuck in that rabbit hole.

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