Singapore Motorshow 9 - 12 Jan 2020

[Vinceng]

Sometimes, in life, so long as you know what you are getting into with a $2K down payment for a $160K car, and you are comfortable with your decision which makes you feel good, by all means go ahead.  

The interest payable for your HDB flat loan makes up at least 50% of the purchase price of the flat. 😭

Then your HDB Town Council increases the monthly conservancy fee at their whim and fancy. Lawrence Wong increases HDB parking fee by over 20% to meet his KPI. 🙄

You pay like a sucker with so many unjustified price increases. Everything goes up and nothing comes down. Then you ask yourself "What am I living for?" 😏

So just go ahead and get that damn car you have been eyeing! You only live once. 😇

Edited January 15, 2020 by Vinceng

[Soya]

54 minutes ago, Vinceng said:

Sometimes, in life, so long as you know what you are getting into with a $2K down payment for a $160K car, and you are comfortable with your decision which makes you feel good, by all means go ahead.  

The interest payable for your HDB flat loan makes up at least 50% of the purchase price of the flat. 😭

Then your HDB Town Council increases the monthly conservancy fee at their whim and fancy. Lawrence Wong increases HDB parking fee by over 20% to meet his KPI. 🙄

You pay like a sucker with so many unjustified price increases. Everything goes up and nothing comes down. Then you ask yourself "What am I living for?" 😏

So just go ahead and get that damn car you have been eyeing! You only live once. 😇

Ahemmm.....buy car oredi then comprain petrol price up, ERP up, parking fee up and again will ask "What am I living for?".....lol

 

[RogerNg_185295]

1 minute ago, Soya said:

Ahemmm.....buy car oredi then comprain petrol price up, ERP up, parking fee up and again will ask "What am I living for?".....lol

 

Living to support car 

[Rickster]

15 hours ago, firefly20 said:

Personally I believe all of us would prefer overtrade than service credits. Thanks for the info, Midorima.

Yes, overtrade is usually the preferred route, usually for buying from the premium brands.

I personally introduced 4 of my ex colleagues to buy from PML, overtrade solves them the hassle of getting rid of their current ride and the over trade they give is much higher than even if you were to sell direct by yourself. 

But of course, when u do overtrade, you will need to buy the car at the list price with minimal discounts. Depending on situation, it may sometimes still be more worth it to sell your own car direct + get discount based on the list price. 

[Rickster]

1 minute ago, RogerNg_185295 said:

Living to support car 

Read somewhere that for the general peasant workforce in SG, the monthly total cost of ownership of the car should not exceed 20% of your take home. Else, you are spending too much on a metal can with wheels for a limited time of 10 years.

[RogerNg_185295]

13 minutes ago, Rickster said:

Yes, overtrade is usually the preferred route, usually for buying from the premium brands.

I personally introduced 4 of my ex colleagues to buy from PML, overtrade solves them the hassle of getting rid of their current ride and the over trade they give is much higher than even if you were to sell direct by yourself. 

But of course, when u do overtrade, you will need to buy the car at the list price with minimal discounts. Depending on situation, it may sometimes still be more worth it to sell your own car direct + get discount based on the list price. 

Why must buy BMW? Cannot make do with attrage?

[Rickster]

49 minutes ago, RogerNg_185295 said:

Why must buy BMW? Cannot make do with attrage? 

lol... can of course!

[13177]

1 hour ago, Rickster said:

Read somewhere that for the general peasant workforce in SG, the monthly total cost of ownership of the car should not exceed 20% of your take home. Else, you are spending too much on a metal can with wheels for a limited time of 10 years.

I guess many people exceeded the 20% take home pay. 

[RogerNg_185295]

1 hour ago, Soya said:

Ahemmm.....buy car oredi then comprain petrol price up, ERP up, parking fee up and again will ask "What am I living for?".....lol

 

Vote pap, then complain cost of living high 

[Spring]

2 hours ago, Rickster said:

Yes, overtrade is usually the preferred route, usually for buying from the premium brands.

I personally introduced 4 of my ex colleagues to buy from PML, overtrade solves them the hassle of getting rid of their current ride and the over trade they give is much higher than even if you were to sell direct by yourself. 

But of course, when u do overtrade, you will need to buy the car at the list price with minimal discounts. Depending on situation, it may sometimes still be more worth it to sell your own car direct + get discount based on the list price. 

Don't get taken in by this OT. Premium brands price their cars high and that's why they can give u OT. Most B&B cars are not priced in this way n hence no OT from them.

And the price they quote for your Used car is normally lower than market but it "looks" a good price cos of the OT booster. Try asking PML to give u a cash discount equivalent to OT and sell your car yourself (quite sure car quotz will give u better even if u don't bother to sell direct).

BTW, I'm a BMW owner myself.

[Jamesc]

Why people want BM must tell them get Attrage? 

Who is paying? 

No pay no comment please. 

Anyway please dont tell people buy Attrage or Bezza. 

Don't want so many people buy and drive up the price for me. 

[RogerNg_185295]

8 minutes ago, Jamesc said:

Why people want BM must tell them get Attrage? 

Who is paying? 

No pay no comment please. 

Anyway please dont tell people buy Attrage or Bezza. 

Don't want so many people buy and drive up the price for me. 

Cos these people may not be able to afford it comfortably.  So a cheaper car is another option 

[Rickster]

31 minutes ago, Spring said:

Don't get taken in by this OT. Premium brands price their cars high and that's why they can give u OT. Most B&B cars are not priced in this way n hence no OT from them. 

And the price they quote for your Used car is normally lower than market but it "looks" a good price cos of the OT booster. Try asking PML to give u a cash discount equivalent to OT and sell your car yourself (quite sure car quotz will give u better even if u don't bother to sell direct).

BTW, I'm a BMW owner myself. 

That's y I say OT is usually for premium brands. 

Not true, the price that they quoted before OT booster is similar to other car makes (my ex colleagues and myself don't blindly go PML only and get a quote). 

With regards to cash discount, usually you won't get as much as the value when u do overtrade. That is why I say, you will have to do your sums. Sometimes its more worth it to take the cash discount and then sell your current ride by yourself.

If you bought your BMW from PML, you would know that the OT and cash discount they give you is usually not the same.

[TeamAMG69]

On 1/12/2020 at 5:09 PM, Vinceng said:

Many rock bottom deals at Motorshow. Price is negotiable.

Just signed on dotted line for VW Passat 1.8 turbo Comfortline at $120K (list price $124K).

Guaranteed COE with COE rebate at $37K. CAT B COE last round was $37,109.

I think it's a deal too good to miss for a made in Germany continental car, compared to the Mercedes C160 using a Renault 1.5l engine selling for $160K.

 

C160 engine is made by Merc as correctly pointed out by another bro , in C200 . C class engine & gearbox (non DCT) is made "in house" - not by Renault or Nissan .

FYI, Merc DCT - is quite infamous for jerking at low gears, NOT SMOOTH

 

another MCF member mentioned tune to C200,

yes possible, but the driving dynamics and power delivery will never be the same due to the "mild hybrid" system found inside C200

which can provide instant additional BHP & Torque from the "little battery"

basically the battery is to remove turbo lag and i did feel it during the test drive a few months ago. very fast pick up - compare to the previous C200 pre FL - on my colleague's.

but is the roughly 30K price diff worth it? 

only you can make the call

least driving the C200 - you wont be call a "badge or brand whore" - cos it is not the cheapest C klass ard, saw the RRP ard 209K ?

 

 

 

 

Edited January 15, 2020 by TeamAMG69
error

[Spring]

1 hour ago, Rickster said:

That's y I say OT is usually for premium brands. 

Not true, the price that they quoted before OT booster is similar to other car makes (my ex colleagues and myself don't blindly go PML only and get a quote). 

With regards to cash discount, usually you won't get as much as the value when u do overtrade. That is why I say, you will have to do your sums. Sometimes its more worth it to take the cash discount and then sell your current ride by yourself.

If you bought your BMW from PML, you would know that the OT and cash discount they give you is usually not the same.

I got a better quote from outside dealer compared to PML and an even better price selling directly but selling direct is not a fair comparison.

To be fair to PML, they are not the only AD giving not so good quotes, C&C even worse if through Republic Auto n that's why the better C&C SEs try to get quotes from other dealers. Your r right that cash discounts are normally lower than OT which exactly proves my point that OT is not exactly true which was the crux of my post actually.

Yes have to do homework and sums and that's another point I'm trying to share esp to other MCFers who shld not be taken in just by the nice OT. Cheers...

[Adrianli]

4 hours ago, RogerNg_185295 said:

Why must buy BMW? Cannot make do with attrage?

Somtimes must consider if one can humanely and physically fit into the attrage.

The buyer may be physically too large or big size to fit into the attrage.

[Vinceng]

4 hours ago, Rickster said:

Read somewhere that for the general peasant workforce in SG, the monthly total cost of ownership of the car should not exceed 20% of your take home. Else, you are spending too much on a metal can with wheels for a limited time of 10 years.

Bare min cost of car ownership a mth is at least $1500 for a bread and butter Jap car, inclusive monthly installment, parking, road tax, insurance, petrol, and maintenance.

Based on 20% of take home pay, that means you need a minimum monthly of $9,500 to own a basic car.

Don't think many car owners earn this princely sum.

Many easily spend 30-40% of their monthly income on a car, and this excludes the housing loan installment. 

But heck! You only live once!

[car50]

2 hours ago, Rickster said:

That's y I say OT is usually for premium brands. 

Not true, the price that they quoted before OT booster is similar to other car makes (my ex colleagues and myself don't blindly go PML only and get a quote). 

With regards to cash discount, usually you won't get as much as the value when u do overtrade. That is why I say, you will have to do your sums. Sometimes its more worth it to take the cash discount and then sell your current ride by yourself.

If you bought your BMW from PML, you would know that the OT and cash discount they give you is usually not the same.

The list price is high with an OT primarily for loan purpose

U are absolutely right, do the sums, separate used car price from actual nett new car price and make a decision

Many would have preferred a more transparent system where actual nett car price is clearly indicated. Any one who has bought a new car in USA will appreciate that.