Rio Hatchback or Accent?

[Mmythos]

Buying a korean car with a 10 year loan? Do you think that korean car can last for 10 years? If you buy now and get a 10 year loan... few year later when the car couldn't make it anymore you are still paying the loan!... Better think hard...

[En0203]

Hi! noname,

 

welcome to MCF!

 

try to avoid 10 yr loan at all cost unless u are very sure that u wan to use this car throughout the 10 yrs. some ppl need to top up to sell the car because they owe bank more than the scrap/selling price of the car, and this normally happens on those who take longer loans and low downpayment

so if u can afford high downpayment and short loan, go for it and interest for 7 yrs loan is lower too

 

as for the cars, i am sorry i can't comment much on both rio and accent coz none of my frens own one

try mydotcom if he's around, he just bought a 2nd hand accent not long ago and it's quite a good deal

 

my uncle is currently driving a presea, the engine is still running strong and never give him any problem although the car is already 12 yrs old. throughout the 12 yrs, the major repair cost him less than SGD$3k (all repairs were done in jb )

but the car is a bit small though

 

just my 2 cents

[Duadua2]

for me,i will go for rio or spectra n used it for about 3-5 yrs n trade-in for a new car when the economy picks up n surely encounter pay rise or better pay.so,use the parf to trade-in a new car.

my 50cts opinion

[Gadgeter]

Just finish one paper yesterday.... got to prepare for the next one..

[Lk_turbo]

any car can easily outlast 10 years if properly maintained...

 

buying a korean car do have their fair bit of drawback....

like older technology,cheaper interior,non head-turners...

but it is surely a lighter finanical burden than jap models...

be fair...korean car are always improving...

IMHO Hyundai feel more reliable to me than Kia

 

Test-drive to two cars and compare....

upgrade to a Jap in future when economy is better...

but i dun think u wanna change to Jap after u realised

the true value of a Hyundai Accent...

[Soya]

dun underestimate the 1.5M Accent. it's a very competent car for the price. i'll take that over a beat up 10yr old jap car anytime.

[Buzz]

Yup plus the maintenance costs for the older car might kill you whereas for the current crop of korean cars you get at least free servicing and warranty.