The Cost So let's say that even though you didn't come to Israel with a million dollars and even though you earn only 9,000 NIS ($3,000) a month, which is the median worker income and much more than most "olim" earn, you manage to scrape together 20,000 NIS to buy a 16 year old car that would have been 1/2 that price in North America. Now comes insurance. Since you have no driving history in Israel, they hit you with the highest rates even though you may not have had a ticket in 30 years in America. That's 7,000 NIS a year. In three years, you have paid in insurance more than the price of the car. Then comes gas which is twice the price of gas in the USA. If you used a dealer for the car, that's another 2,000 NIS. 3 year cost? Around 50,000 NIS, which is 16,666 NIS, $5555.33 a year. Plus repairs. Your salary is 9,000 a month if you are lucky. Your rent is 7,000. Your car is 1,500 a month with repairs. Your health care is 500 NIS a month. So that...
Not Kedai for most people--Moving to the secular state of israel (SSOI)
Helping others to see through the false advertising and propaganda