It is a fact, though rather unknown, that people tend to change their car at the end of the year, the time when they suddenly see a sum of funds called BONUS credited to them. So, as with human nature, me included, when there is a sum of excess money, the next most appropriate thing to is to spend it.
So it is not surprising to see people who doesn't mind burning money (or in a better phrase, 'donate' money to the government) for a new ride / better ride, especially when the economy has done well considerably in Year 2011. Talk about saving for rainy day? Maybe. or maybe spend first, talk later.
There was a good article posted by a Singaporean in Australia as below who argued that the 13th month bonus is, in the first place, part of your pay and NOT a bonus.
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