Thanxhor Neutral Newbie May 16, 2005 Share May 16, 2005 How much cash/money should i prepare if i were to get a new aveo5?i mean the 1st payment or deposit? issit only $5k? ↡ Advertisement Link to post Share on other sites More sharing options...
Mivec9 1st Gear May 16, 2005 Share May 16, 2005 10% down. and also u need to fork out insurance. normally road tax is included in selling price. Link to post Share on other sites More sharing options...
Thanxhor Neutral Newbie May 16, 2005 Author Share May 16, 2005 can i get free 1st year insurance? Link to post Share on other sites More sharing options...
Mivec9 1st Gear May 16, 2005 Share May 16, 2005 cos each person insurance premium is diff, so normally is payable by buyer. but of course u can negotiate such things with the sales advicer. Link to post Share on other sites More sharing options...
Brock 1st Gear May 16, 2005 Share May 16, 2005 Pay as much as you can for your D/P. That will equate to a smaller sum for loan, which in turn translate to smaller sum for interest repayment. My total interest paid for entire loan is only $800. My friend, took 10 year full loan for a certain car, ended up paying $12k+ in interest! Link to post Share on other sites More sharing options...
Nerd_on_wheels Neutral Newbie May 16, 2005 Share May 16, 2005 u can op for 100% loan if you have a good stable income, so you only need $100 cash, can pay by credit card. then on collecting car, you need to pay 1st month installemnt and 1st yr insurance. As far as SA goes, they dun free insurance. Link to post Share on other sites More sharing options...
Mivec9 1st Gear May 16, 2005 Share May 16, 2005 it is matter of playing with the amount $$. my dealer which i bought my 2nd hand car gave me free insurance, free road tax and leather seats and 3 months warranty, which in fact is already catered into selling price Link to post Share on other sites More sharing options...
Bleu Neutral Newbie May 17, 2005 Share May 17, 2005 Quote How much cash/money should i prepare if i were to get a new aveo5?i mean the 1st payment or deposit? issit only $5k? I paid less then 10% for downpayment, the best is ask the SE and see if you guys can come out with a win win formula between the 2 of you guys. Link to post Share on other sites More sharing options...
Cbx750p 1st Gear May 17, 2005 Share May 17, 2005 You buy car, you always loose ! It is always a Win for the dealer and Loose for the Buyer in Singapore ! It is only a matter of how much you loose only ! I paid $64K for my Optra Manual where now you pay only $59K for an auto....so how to WIN ? Link to post Share on other sites More sharing options...
Tploh Clutched May 17, 2005 Share May 17, 2005 You might want to prepare for : 1) Insurance 2) Road Tax ( usually 6 months is provided ) 3) Radio licence ( usually 6 months is provided ) 4) Top up of Petrol 5) Mod ( Rim + tyre, skirt, ICE, etc. ) 6) Car Perfume / Ionizer 7) Parking ( HDB + coupons + Office ) 8) Maintenance ( washing, servicing, etc. ) 9) Financing ( monthly instalment ) If you not die yet, one more to kill you : 10) TP Link to post Share on other sites More sharing options...
Seaweed 1st Gear May 17, 2005 Share May 17, 2005 ha ha ha...I pay $77k for my sunny ex(A) 1.5yrs ago....now only $58...you lose more or I lose more... Link to post Share on other sites More sharing options...
Slayer73 Neutral Newbie May 17, 2005 Share May 17, 2005 dont worry got 5k can talk already.... Link to post Share on other sites More sharing options...
Jove Neutral Newbie May 18, 2005 Share May 18, 2005 Quote Pay as much as you can for your D/P. That will equate to a smaller sum for loan, which in turn translate to smaller sum for interest repayment. My total interest paid for entire loan is only $800. My friend, took 10 year full loan for a certain car, ended up paying $12k+ in interest! erm how abt 13k+ for interest?? me looking to re-finance liao.. Link to post Share on other sites More sharing options...
Guyver 1st Gear May 18, 2005 Share May 18, 2005 Quote How much cash/money should i prepare if i were to get a new aveo5?i mean the 1st payment or deposit? issit only $5k? As much as you could?? Link to post Share on other sites More sharing options...
Linus Clutched May 18, 2005 Share May 18, 2005 any lock-up period with ur current bank ? i juz did mine with DBS, 1.8%. down from 2.35%. Link to post Share on other sites More sharing options...
Bhaal Neutral Newbie May 18, 2005 Share May 18, 2005 If you're going to pay the minimum downpayment and take a 10 yr loan, you must either 1. be prepared to own the car for the full 10 years. or 2. be prepared to pay a hefty sum if you need to dispose of the car for any reason before the full 10 years is up. Link to post Share on other sites More sharing options...
Jove Neutral Newbie May 18, 2005 Share May 18, 2005 no lock-in period.. aiyah! this DBS wanna smoke me! i just talked to the rep and she offered me 2% nia.. citibank offering me 1.6% subj to t&c.. see what the rep gotta say tmr Link to post Share on other sites More sharing options...
Alpha 2nd Gear May 18, 2005 Share May 18, 2005 for Starsauto only need min deposit of $100 ↡ Advertisement Link to post Share on other sites More sharing options...
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