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Showing results for tags 'now'.
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Hi, need some advice and your rationale to see if I got my sum right. I bought my Aug 2007 Stream in Jan 2012 for $55K. The OMV is $20,500+ and I understand I can get back around $11,300 if I ride it out till the end. So, at that point, I was thinking my depreciation is around $7,300 per year. That is OK for a 1.8 litre car that sits 7 people. With today COE dropping and hopefully it will goes further south, it seems that should I replace it, I will enjoy a better depreciation and enjoy a new car. Of course I may not be getting back a 7 seater and 1.8 litre Honda. If I go for a $85K normal saloon car (Kia, Mazda, etc) and trade in my present car. This is my calculation. Value of new car $85,000 Trade in current car $20,000 ( $11, 300 + $9K for the balance 1.5 year is very reasonable or I should get more) $55,000 For the new car, if I ride out the 10 years, I am sure I should at least get back $5K. So, if I depreciate the $50K over 10 years, my depreciation for each year is $5K. Did I get this sum right? On top of the above, for the balance 1.5 years, my depreciation of $7,300 is reduced to $5K per year, a saving of another $2.3K or more. Of course now I got to see what $85K I can buy. Any views or advice? Thank you
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Hi, My dad got an heart attacked recently after his kidney failure. thinking someone might have any good maid for immediate transfer. PM me if available. TIA
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Found this interesting infographic to share with you all. Sources: http://www.visualcapitalist.com/then-vs-now-1-dollar-buy-you/ I remb last time $1.00 can buy Pilot G1 refill le. Now i think at least $2 then can get one. hahaha.
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