shall i change to a new car?
-
I brought a toyota corolla (used car) this yr jun, a 1990 car for 18800
monthly got to pay 376, road tax is 501 half a yrs
i just go to kia website, picanto is selling at only 36,999. can anyone advise me do i keep to my existing car or go for picanto pls thank. i am really blur abt all this car mathematic thing. pls advise
thank you -
If you are just looking for a car from Point A to B... and can do with a small basic car that has the minimum... Picanto is one of the best around as the consumption is very good (manual).Originally posted by firescorpz:I brought a toyota corolla (used car) this yr jun, a 1990 car for 18800
monthly got to pay 376, road tax is 501 half a yrs
i just go to kia website, picanto is selling at only 36,999. can anyone advise me do i keep to my existing car or go for picanto pls thank. i am really blur abt all this car mathematic thing. pls advise thank you -
hey thank. but what i like to find out is if i am going to change to the picanto, then my car now what shall i do to benefit most of it?
actually i don't really have any knowledge on buying a car, or switching car ... -
Do you have any outstanding loan? For more info, read through this discussion.
http://www.sgforums.com/?action=thread_display&thread_id=156217 -
i have to pay 376 per mths for 6yrs. just got the car at this yrs jun
-
if u sell your toyota now, definitely u going to lose a few 1000.. furthermore old cars are pretty difficult to sell nowadays after the major drop in COE price.. however, for long run usage, i think picanto is much more economic. First of all, i agreed that the fuel consumption is quite low. if i m not wrong, i can go 16-17km per litre. Secondly, u dun have to worry abt maintanance issues at least for the first 3 years as the warrenty is covered. Lastly, the amount of installment u r paying now as compared to a new picanto is around the same so might as well get a new car.
I have a few info for u regarding picanto: 36,999 is without leather seat, sports rim, and body kits. u have to pay another 3000 for all the above mentioned. The interior is not spacious. There is no power window for rear passenger doors. There is no power side mirrors which mean u have to manually adjust it. Better get a manual one cos it is only 1000CC. -
Do note it would only be adviseable to do changing fun if you don't have loan outstanding. Cause most likely you have to top up some money to sell or scrape your car. If you seriously interested, pop down Kia's showroom and ask for a quote for your car to be trade-in. That should give you a rough idea of the numbers you are expecting.Originally posted by firescorpz:i have to pay 376 per mths for 6yrs. just got the car at this yrs jun -
thank guys ... you guys are mathematical plus car expert haha... so could someone advise me what is the outstanding laon... oops i oso don't really know what is mean????
also a car as old as mine only have 6yrs left. can trade it ??? -
or you may check with the Kia Sales Person, i think they are the expert
for your information, cheapest car is Kelisa 1.0M S$33,900 ... Picanto 1.1M S$36,999
-
but kelissa is very very small leh.. only 3000 different only
-
oh ya... this is not the price for weekend car rite?
-
You can ask Kelisa Expert .... Wbucket
Kelisa OPC 1.1M just S$16,900 (as seen on the newspaper) -
nvm abt kelissa.. i am too fat for a small car haha... pls advise on picanto.. or maybe getz. you think my current car can trade in bo? and what other ways can i benefit the most? expert out there pls help.... pls pls... i want new car ...
-
Picanto 1.1M = SGD36,999
Getz 1.1M = S$42,000
wat is ur budget ?
space > Getz
FC >
Picanto ~ 16-17km/litre
i heard that 1.1M Getz can achived 16km/litre too -
Too fat? Then I think Picanto and Getz might cough when ferrying you around.Originally posted by firescorpz:nvm abt kelissa.. i am too fat for a small car haha... pls advise on picanto.. or maybe getz. you think my current car can trade in bo? and what other ways can i benefit the most? expert out there pls help.... pls pls... i want new car ... 
Just kidding. Bro, your car COE car? or still on its first COE? Need to know how much you loan for how long and how long you have own the car. -
Do you know Aveo5 is S$41700 now. Cheaper than Getz 1.1. Kind of make you wonder why go for such a small CC car.Originally posted by hp28:Picanto 1.1M = SGD36,999
Getz 1.1M = S$42,000
wat is ur budget ?
space > Getz
FC >
Picanto ~ 16-17km/litre
i heard that 1.1M Getz can achived 16km/litre too -
well it a coe car. i owe it for around 3mths plus only. 6 yrs loan and if i am not wrong.. the interest rate that time is 2.95izzit?? forget liao haha...
hey bro what aveo5 which brand is that? 41700 ah.. oso consider cheap hor... -
Wow, COE car very hard to trade in. I don't know the rates that well, better approach the SE of your dream car. Even if you lucky to sell it off without making a lose (very un-likely), you still have the interest to clear which amount to some S$3k-4k. So on top of the value of the car you want, you still have to top up a few Ks. In conclusion, you should have gotten a new car 3 months ago. Now, you have to work it out with the SEs for your loses.Originally posted by firescorpz:well it a coe car. i owe it for around 3mths plus only. 6 yrs loan and if i am not wrong.. the interest rate that time is 2.95izzit?? forget liao haha...
hey bro what aveo5 which brand is that? 41700 ah.. oso consider cheap hor...
That is why I am always advising others against getting second-hand car with full loan. Just isn't worth it.
Lastly, Aveo5 is a 1.4cc hatchback from Chervolet. Decent car with good power and normal FC of about 12km/L. -
Err if i am not wrong kelisa rd tax and insurance is a bit cheaper den picanto.
kelisa spare parts are cheaper.
Picanto is not much bigger den kelisa lah... both also very less leg room behind. -
its a good idea to change if u dont haf too many outstanding finance loan. because e interest for COE car if i am not is rocket high at around 4.xx % and u are paying roadtax with an additional of 50% in addition to ur current road tax. take some time and go and cauculate the interest u have to pay ad e extra road tax u need to pay. tis amount is quite huge and can be save when u switch to a new car. since u mention u are big size then perhaps u may consider vios or lancer both at 50K + and -Originally posted by firescorpz:I brought a toyota corolla (used car) this yr jun, a 1990 car for 18800
monthly got to pay 376, road tax is 501 half a yrs
i just go to kia website, picanto is selling at only 36,999. can anyone advise me do i keep to my existing car or go for picanto pls thank. i am really blur abt all this car mathematic thing. pls advise thank you -
frankly speaking, i think you are stuck with your COE car for the next few years liao. If you have to use 6yrs to pay for 18800, that means you have little cash to cough up for the losses. 3 months ago? cars were already getting cheap around that time, you still buy COE without checking out the market?
As long as your COE car pleases you, why not use it for a few more years? Car will be even cheaper(hopefully) by then. That will be a better time to change a car. Buying car is like this, when you buy, price then drop. Like me, my COE was 16500, thought it was cheap enough liao. Buy, then COE fell 14000, then 12000. What to do? As long as i love my car and is able to finance it, dun think of changing other cars lor...if can change, i also want to change to mazda 3, alfa romeo, pergeot307, ford focus. So many cars to seduce you... -
hey bros out there.. thanks for advise. do you guys think i shd keep the car for 6yrs? if so car got no value at all to top up a new car by that time too right?
-
Your car depreciates $3133 annually. You have to decide how much depreciation you are comfortable with. Even if you keep car until scrap, will a similar car by then be cheap enough to depreciate at this rate after subtracting its scrap rebate? Whatever you pay now will extend another 4yrs of driving. Next year, whatever you pay will extend driving for 5yrs and so forth... So every year the calculation changes as scrap value of your current car gets lower and you will pay more to extend driving for longer period.[/b]Originally posted by firescorpz:hey bros out there.. thanks for advise. do you guys think i shd keep the car for 6yrs? if so car got no value at all to top up a new car by that time too right? -
Not value then "VS" coughing out money now just to get a car which need you to cough out even more for monthly installment. Basically, you are in a die lock now. Do seek out some SEs for the detailed calculations. Can't advise you much without knowing how much you need to cough out.Originally posted by firescorpz:hey bros out there.. thanks for advise. do you guys think i shd keep the car for 6yrs? if so car got no value at all to top up a new car by that time too right?
Now the situation is whether you can survice the losses that comes with changing your car, not whether at the end of the day will you be at a better deal. -
i am confuss.... don't understand leh