Vyeron 4th Gear January 10, 2016 Share January 10, 2016 Don't you think it'll be a nightmare for se to process so many refunds if they set the rebate too low? Why don't we suspect that Coe may indeed drop to somewhere near that level after the show? :))))Yeah, buyer's perspective is to get as low as possible. But a car purchase means prepare to replace, due to scrap or other reason that u need a bit of planning ahead to welcome ur new ride. COE should soften but in 6 bids reaches around 30k, then its a crash..(good news tho) and it depend on the need of the buyer. I was once failed to get COE in 6 bids and that really wasted lot of time. Depend how much top up is required for the guarantee package also. ↡ Advertisement Link to post Share on other sites More sharing options...
Runforyourlife 5th Gear January 10, 2016 Share January 10, 2016 Yeah, buyer's perspective is to get as low as possible. But a car purchase means prepare to replace, due to scrap or other reason that u need a bit of planning ahead to welcome ur new ride. COE should soften but in 6 bids reaches around 30k, then its a crash..(good news tho) and it depend on the need of the buyer. I was once failed to get COE in 6 bids and that really wasted lot of time. Depend how much top up is required for the guarantee package also. Yeah. But if it's nowhere near the 30k mark, no one wanna top up 5k after committing to a certain amt, surely bad after taste. Link to post Share on other sites More sharing options...
Nzy Twincharged January 10, 2016 Share January 10, 2016 (edited) That's a silly comment. Prudent yes, not stupid. I can think of so much things to invest with 50k than to plough everything in so that I can avoid taking a 2% loan. Firstly, its more than 2%. Secondly, many of the brand new cars on the roads need at least 50-100k down payment already. Can easily get a cheaper car without loan if the person can afford the down payment for these cars. If he is really so concerned about his wealth management, he would get the car which he can pay off now with the budget he has for the down payment required and invest the rest of the money that would have otherwise gone into the monthly installments of the car. I believe that would make alot more sense. Edited January 10, 2016 by Nzy Link to post Share on other sites More sharing options...
_h_r_ 2nd Gear January 10, 2016 Share January 10, 2016 Basic Elantra at $81K now takes the crown for best value. Total $86K if you do not want to take the risk and add $5K for guaranteed COE. OMV is $11K which is quite unbelievable for a normal B&B sedan. Komoco still makes $9K if you pay $85K and COE rises to $50K. Link to post Share on other sites More sharing options...
Weez911 Supersonic January 10, 2016 Share January 10, 2016 (edited) Firstly, its more than 2%. Secondly, many of the brand new cars on the roads need at least 50-100k down payment already. Can easily get a cheaper car without loan if the person can afford the down payment for these cars. If he is really so concerned about his wealth management, he would get the car which he can pay off now with the budget he has for the down payment required and invest the rest of the money that would have otherwise gone into the monthly installments of the car. I believe that would make alot more sense. I doubt you understand the concept of leverage and margining due to your reply. It's ok. Just continue to use cash to settle everything. Please don't label people who borrow money stupid, and don't kpkb why some people can achieve very good returns. Edited January 10, 2016 by Weez911 3 Link to post Share on other sites More sharing options...
Nzy Twincharged January 10, 2016 Share January 10, 2016 I doubt you understand the concept of leverage and margining due to your reply. It's ok. Just continue to use cash to settle everything. Please don't label people who borrow money stupid, and don't kpkb why some people can achieve very good returns. Nothing to do with all that. It is simple. If the person really wants to save money or grow his wealth, please don't put a significant amount of money into the car. Eg, those who bought a brand new C-class. Down payment is about 100k. If they really care about managing their money properly, can easily get a similar sized car from another brand without loan. 1 Link to post Share on other sites More sharing options...
Weez911 Supersonic January 10, 2016 Share January 10, 2016 Nothing to do with all that. It is simple. If the person really wants to save money or grow his wealth, please don't put a significant amount of money into the car. Eg, those who bought a brand new C-class. Down payment is about 100k. If they really care about managing their money properly, can easily get a similar sized car from another brand without loan. You still don't get it. It's getting very frustrating. 1 Link to post Share on other sites More sharing options...
Kia7200 5th Gear January 10, 2016 Author Share January 10, 2016 And accent is $7xxxx Wow don't know what's the catch Link to post Share on other sites More sharing options...
Nzy Twincharged January 10, 2016 Share January 10, 2016 And accent is $7xxxx Wow don't know what's the catch Not guaranteed? Lowest price usually cannot get COE one. Link to post Share on other sites More sharing options...
Ingenius Turbocharged January 10, 2016 Share January 10, 2016 I also feel we cannot say people who buy car and take loan are stupid. Or those who buy pensive instead of a cheaper car are not wise. Different people have different background and profile, so cannot apply one rule to everyone. Actually many of the people who are rich enough to buy expensive car are the smarts ones that's why they earned so much. For example some people buy a car even though they have to take loan because it gives them more time and so can use the time to make money and also at the same time have personal life. 1 Link to post Share on other sites More sharing options...
Kia7200 5th Gear January 10, 2016 Author Share January 10, 2016 Not guaranteed? Lowest price usually cannot get COE one. just went to see, the exterior and interior cmi la Link to post Share on other sites More sharing options...
Nzy Twincharged January 10, 2016 Share January 10, 2016 just went to see, the exterior and interior cmi la Not bad for a cheap car la. Ppl that buy the accent just want a car to get from point A to B. Link to post Share on other sites More sharing options...
Kia7200 5th Gear January 10, 2016 Author Share January 10, 2016 These few weeks I have been visiting car showroom until I go in also paiseh I just want to share my views on the cars I mentioned and more or less the cars I shortlisted. chevrolet sonic - I don't think I will consider it after I view it. Interior looks so weird Attrage- the exterior is all rite, interior very plastic but car quite light. So I feel it's quite dangerous it u make a fast turn. Note- I can't accept the interior, the design and material they use. accent- headroom and leg room plus the space in the car, too small la. The standard HU cmi la. I think when the time come and depending on the price of coe, I will pick these 3 models. K3, Honda Fit or Vezel no offence, just sharing my views Not bad for a cheap car la. Ppl that buy the accent just want a car to get from point A to B. I'm 1.77 cm tall and below 80 kg. My legs is so close to the steering wheels and It feel so cramp inside, the interior is so plastic. but if u compare to the previous model, ya it's much better looking. Link to post Share on other sites More sharing options...
Dilemma 5th Gear January 10, 2016 Share January 10, 2016 Firstly, its more than 2%. Secondly, many of the brand new cars on the roads need at least 50-100k down payment already. Can easily get a cheaper car without loan if the person can afford the down payment for these cars. If he is really so concerned about his wealth management, he would get the car which he can pay off now with the budget he has for the down payment required and invest the rest of the money that would have otherwise gone into the monthly installments of the car. I believe that would make alot more sense. I have to agree with Weez911. For someone who does leveraging, be it on shares, etf, ut, etc. I doubt the person will agree with what you said as they would be having a high income or earning much more from their investments which mean they are rich enough to put 100-200k for their downpayment. Link to post Share on other sites More sharing options...
Nzy Twincharged January 10, 2016 Share January 10, 2016 (edited) I have to agree with Weez911. For someone who does leveraging, be it on shares, etf, ut, etc. I doubt the person will agree with what you said as they would be having a high income or earning much more from their investments which mean they are rich enough to put 100-200k for their downpayment. Of course they can afford 100-200k for down payment. If they really care so much about how their money can give them better returns, then wouldn't it even make more sense to just use that 100k they intend to use as down payment and get a car that costs 100k instead of a car that needs 100k as down payment? I don't know, but that is more logical to me and that is what I did for my second car. Instead of getting a car which costs 200+k with the 120k budget I had and taking loan, I got a cheaper car which costs 120k. Either way, I end up paying 120k but by getting the cheaper car, I have no loan to pay off. Edited January 10, 2016 by Nzy 1 Link to post Share on other sites More sharing options...
Runforyourlife 5th Gear January 10, 2016 Share January 10, 2016 These few weeks I have been visiting car showroom until I go in also paiseh I just want to share my views on the cars I mentioned and more or less the cars I shortlisted. chevrolet sonic - I don't think I will consider it after I view it. Interior looks so weird Attrage- the exterior is all rite, interior very plastic but car quite light. So I feel it's quite dangerous it u make a fast turn. Note- I can't accept the interior, the design and material they use. accent- headroom and leg room plus the space in the car, too small la. The standard HU cmi la. I think when the time come and depending on the price of coe, I will pick these 3 models. K3, Honda Fit or Vezel no offence, just sharing my views I'm 1.77 cm tall and below 80 kg. My legs is so close to the steering wheels and It feel so cramp inside, the interior is so plastic. but if u compare to the previous model, ya it's much better looking. Fit for 1.77m? You sure?? Link to post Share on other sites More sharing options...
Kia7200 5th Gear January 10, 2016 Author Share January 10, 2016 Fit for 1.77m? You sure?? Ok la, sit inside feel ok la Link to post Share on other sites More sharing options...
Runforyourlife 5th Gear January 10, 2016 Share January 10, 2016 Ok la, sit inside feel ok la Okok I don't know e latest version but other than leg room, I felt cramp even with a height much lesser than yours ↡ Advertisement Link to post Share on other sites More sharing options...
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