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Please help! Confused!!!!

Elixir

By Elixir,
in General Car Discussion

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Elixir

Elixir

1st Gear

My 1.3A Getz is reaching its 5th year soon.

 

Shall I sell it off or should I get a OPC car? really don't feel like getting another loan again, so thought of getting an OPC Mit i car, only 659CC, but some said overpriced, not worth it etc. but personally, I quite like it but im afraid what if next time hard to sell away the car.

 

What should I do??? sell and keep the money or buy another one???

 

Rgds.

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Apollo

Apollo

1st Gear

do your sum... goto onemotoring.com site and check your residual value of the getz.

 

check car dealer how much they taking in your getz.

 

calculate the diff.

 

calc how much it cost u to upkeep a Mit i.

 

check against how much it cost u now.

 

consider plan B... how much it cost u to buy a new car & a loan

 

check against ur current liabilities for getz.

 

lastly

 

use ur blain...

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Nus24

Nus24

Neutral Newbie

Er....you own a car for at least 5 years already right?

Why still so confused? I cannot see what your confusion about.

Are you confused because of money issue or confused because you worry people think you are a sissy when you drive a Mit-i?

 

If you are worried about next time hard to sell away the car?? Don't be!

 

Car values in Singapore are peg to the scrap value + export body value(usually 2-3yrs car got higher body value).

But for a 5yrs old car esp getz...mostly scrap value lah!

 

If turbo Mit-i is your style...go for it...you only young once....

If MRT is your style....can save money.....

 

But after getting comfortable with cars for 5 years......I think very hard to go without.

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Mzrmazda3

Mzrmazda3

6th Gear
(edited)

Unless you are willing to burn additional cash for the depreciation of another new ride then by all means go for it [;)]

 

Else jus keep your current ride & trade it in for another when COE is up or when it starts to give you problems [;)]

 

Like that no need to headache liao [;)]

Edited by Mzrmazda3
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Vicz

Vicz

Neutral Newbie
  Quote
My 1.3A Getz is reaching its 5th year soon.

 

Shall I sell it off or should I get a OPC car? really don't feel like getting another loan again, so thought of getting an OPC Mit i car, only 659CC, but some said overpriced, not worth it etc. but personally, I quite like it but im afraid what if next time hard to sell away the car.

 

What should I do??? sell and keep the money or buy another one???

 

Rgds.

 

Why so confused? what has 5 year got that confuse u?

Things are not so complicated sometimes...so simple. Look at it this way:

 

If u want to sell and not drive anymore, then u sell it away and don't drive lor.

If u want to sell it and buy another car, then u sell it away and buy another car lor.

 

See? so simple [:p]

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Cumahoy

Cumahoy

Neutral Newbie

totally agree with vicz.

 

we cant ALWAYS choose our decision by calculating $$$. just don't over do anything you do, make sure you have 6x cash reserve for emergency, and if you still have excess money and can afford a car, why not. live your life. I'll switch to mit-i if I were you.

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Jelynn

Jelynn

Neutral Newbie
(edited)

I am also wondering about my 5 year old car.

 

i bought it before car prices plummet to its current state.

I was wondering on buying a used car for MUCH cheaper now

and reducing my monthly payment.

 

question is.

 

I found a one year old used car that is very cheap and they have inhouse loan which is giving almost same interest rate as the bank i am using.

 

I was wondering if its still applicable.

 

Can or will the dealer take in my car and hike the price of the used car I intend to buy and give me a loan on it so i don't have to top up to my bank with cash?

 

My current cars rebate is about 27k but i owe the bank abt 38k oustanding (10 year loan)

 

I did my math. Replacing the loan / getting new loan still lowers the monthly payment significantly.

 

Someone can help?

Edited by Jelynn
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Elixir

Elixir

1st Gear
  • Author

I don't really agree. Checked on monday, new Picanto - $45000, Mit 'i' - $48988 (got $1500 min discount). For $2500, got safety features, design, intelligent key entry etc, Im not expert but feels it worth it except its low cc.

 

  Quote
If you can live without a car than don't buy one. If don't want to buy a expensive car can look at the Picanto much cheaper then the Mit i.
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Elixir

Elixir

1st Gear
  • Author

because some bxxxxxd slam open door too hard and bump my getz (next time take pic and show bros here) and I damn du lan..now feeling better but still a bit sian.

 

I have no complaints about my Getz except low pick up and hot air con. Other than that, its fine.

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Fcw75

Fcw75

Hypersonic

The new Picanto is $45K?? [shocked]

 

In that case, rather you spend a few K more and get the i. The road tax is a lot cheaper but not sure about the insurance as compared to Picanto.

 

I test drove the i before and it's really not a bad ride. Very perky ride, good for city driving.

 

I find that the i is even more spacious that the Jazz I used to have. Take note that I am 1.88m tall. [thumbsup]

 

The engine is at the back plus it's rear wheel drive is another plus point in my opinion.

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Elixir

Elixir

1st Gear
  • Author

I can go without car, money still the best. Besides, I quite stingy, sat sometimes also don't drive, take MRT unless go suntec area (which is often the case cos' shaw tower per entry is $2 after 1pm on sat).

 

Thanks for your advice except that scrap value + body value part.

 

besides worried about being seen as a sissy, it feels weird to see the only Mit 'i' in my HDB carpark where the rest are mostly Altis, Sunnys, Latios, lorries and vans.

 

But I really this small car, I guess im into small cars, of course no money to buy big ones or basically, don't like to take loans.

 

confused in terms of whether to keep current Getz, sell and keep the money or buy Mit 'i' or get a bigger one.

 

 

  Quote
Er....you own a car for at least 5 years already right?

Why still so confused? I cannot see what your confusion about.

Are you confused because of money issue or confused because you worry people think you are a sissy when you drive a Mit-i?

 

If you are worried about next time hard to sell away the car?? Don't be!

 

Car values in Singapore are peg to the scrap value + export body value(usually 2-3yrs car got higher body value).

But for a 5yrs old car esp getz...mostly scrap value lah!

 

If turbo Mit-i is your style...go for it...you only young once....

If MRT is your style....can save money.....

 

But after getting comfortable with cars for 5 years......I think very hard to go without.

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Elixir

Elixir

1st Gear
  • Author

no need get loan if go for OPC. Sell my Getz can take back some money and pay the remaining with cash --> I own the 'i' car.

 

  Quote
downgrade to smaller car or get OPC car also have to start new loan wat. [laugh]
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