Wanna buy car~ newbie
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Hi newbie here, juz pass my class 3A yesterday, thinking of getting a car
looking at a loan amt of 40k and at hatchbacks below 55k
interested in picanto, kelisa, or OPC/2nd hand ->vitz, march, sirion and jazz/fit
any advice?
my take home is ard 2k
& got some questions:
Considering IÂ’m a P plate & 1st time car buyer, 26, how much insurance do I need to pay?
How much cash do I need to fork out upfront?
Is the any additional charges that I should expect?
Is it possible to convert a 2nd hand car to OPC before taking the loan? (just curious)
thanks -
Based on ur pay.......... pls dun buy a car... u wun be able to afford there are plenty hidden costs.Originally posted by claymarble:Hi newbie here, juz pass my class 3A yesterday, thinking of getting a car
looking at a loan amt of 40k and at hatchbacks below 55k
interested in picanto, kelisa, or OPC/2nd hand ->vitz, march, sirion and jazz/fit
any advice?
my take home is ard 2k
& got some questions:
Considering IÂ’m a P plate & 1st time car buyer, 26, how much insurance do I need to pay?
How much cash do I need to fork out upfront?
Is the any additional charges that I should expect?
Is it possible to convert a 2nd hand car to OPC before taking the loan? (just curious)
thanks
Insurance about 2k at least
depending how much is ur car - ur 40k loan liao....pretty stupid question
but at least 10% most of the time.
dun get wad u mean by additional charges? For eg?
and yes possible to convert OPC to normal and vice versa. juz pay up the pro-rated COE rebated for the car to convert to normal cars -
drive a bike. may comes with a free gf
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Hi newbie here, juz pass my class 3A yesterday, thinking of getting a car
looking at a loan amt of 40k and at hatchbacks below 55k
interested in picanto, kelisa, or OPC/2nd hand ->vitz, march, sirion and jazz/fit
any advice?
Siron is presently the hot pick. But both Picanto and Kelisa would really make your life much easier because of cheapness. You can't afford Jazz and Vitz might be a little on the high side too, for the fact that it is a 1litre car. Vitz1.3, you can't afford.
With the price tag and limit set by you, can I say you have about 15k to pay for the downpayment? I hoped you are not planning to take S$40k loan for 10 years. This is how some driver got stuck and are working their butt off just to support a car they ain't going to enjoy much in it too.
......
Considering IÂ’m a P plate & 1st time car buyer, 26, how much insurance do I need to pay?
At 2 k, can be 3k or so.
How much cash do I need to fork out upfront?
Is the any additional charges that I should expect?
Upfront, 1/2 yr road tax and insurance. My advice is plus at least another 20-30% of the car price for downpayment. As for charges, Rule of thumb is usually S$500-S$700 car maintainence cost plus car installment per month. This usually goes up to 1k or more for some, my kelisa cost me S$500+S$500 per month, just for reference.
Is it possible to convert a 2nd hand car to OPC before taking the loan? (just curious)
No. Unless the pervious owner is willing to convert it before handling it to you. Else you will have to take the full price of the car and convert on your own, whereby only credits (not cash) will be return to you. -
ok~ kinda dampens my spirit
but ya true~~
i tink i will settle for the picanto~
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think u shouldn't get a picanto just for the sake of a transport..one fine day if u out grown tat car, u'll still be stuck wif it due to the loan..to each his own though
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get rio. My take home is also abt 2k and live comfortably with a rio. Furthermore, rio is now cheaper than when i bought it.Originally posted by claymarble:ok~ kinda dampens my spirit but ya true~~
i tink i will settle for the picanto~ -
2k only and driving a car?
pathetic. -
2k is just about enough to feed my car monthly.
haha. -
no wonder bank bussiness nowsdays so hot
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Does the fact that they earn 2K and can afford a car bothers you? Why criticise someone else's choice of transport mode? So what if you earn much more than him, and so what if 2K is only sufficient to feed you car. Obviously you are rich in material, but you are very poor in maturity.Originally posted by Angelo09:2k only and driving a car?
pathetic. -
It's probably best to go for a test drive. Do work out your finance on your affordability because you will be paying a very high premium. If you are certain that you can afford without much compromise to your current lifestyle, then probably it's no harm owning one.Originally posted by claymarble:ok~ kinda dampens my spirit but ya true~~
i tink i will settle for the picanto~ -
no problem if you want to advise against his idea.Originally posted by Angelo09:2k only and driving a car?
pathetic.
no problem if you're not wanting to contribute constructively.
but it's a problem when you're giving the attitude you're possessing right now.
so save it. -
For your info,Originally posted by claymarble:Hi newbie here, juz pass my class 3A yesterday, thinking of getting a car
looking at a loan amt of 40k and at hatchbacks below 55k
interested in picanto, kelisa, or OPC/2nd hand ->vitz, march, sirion and jazz/fit
any advice?
my take home is ard 2k
& got some questions:
Considering IÂ’m a P plate & 1st time car buyer, 26, how much insurance do I need to pay?
How much cash do I need to fork out upfront?
Is the any additional charges that I should expect?
Is it possible to convert a 2nd hand car to OPC before taking the loan? (just curious)
thanks
Your insurance will be around 2.5k. You can ask your dad register the car for you. It will be much cheaper
Be prepared to spend average $1.4k / mth for a normal car.
Only Mazda, Nissan are able to get a car without paying any downpayment. Meaning that you can drive away the car by just paying insurance and 1st mth instalment(of cos also booking fee,but they will refund you back the $)
If you are a tall person, Picanto or Kelisa may be too small for you
I have got many friends take home also about 2k, they bought a car also,but can see them ended up not much savings.
Hope this can help your decision
btw,how much downpayment are you willing to pay ? -
2k+ take home ok la....can support a car for sure...but will defintely be abit tight on finanacial thereafter.
Hmmm...just a point here....sharing my experience.
When i first gotten my driving licence, i am also very tempted to buy a car. The thought of owning a set of 4 wheels is really wonderful and driving seem to gives me a hell lot of kick.
Now after awhile, That feeling has subsided..Given a choice, i rather choose to be chauffeured around rather than to be the one behind the steering wheel.
Hence, what i am doing now is, I signed up with a car sharing co. and will rent their car whenever the need arises.
Car can wait....its definitely a financial liability..give urself sometime, build up some financial muscle. Buying a car when u feel absolutely comfortable could perhaps give u more pleasure out of it next time.
Ultimately, what i am trying to say can be summarised in 1 sentence.
"Think twice before you commit" -
Yeh, car sharing is definitely a better option. But not sure if they will accept new drivers? Any idea?Originally posted by incredible:2k+ take home ok la....can support a car for sure...but will defintely be abit tight on finanacial thereafter.
Hmmm...just a point here....sharing my experience.
When i first gotten my driving licence, i am also very tempted to buy a car. The thought of owning a set of 4 wheels is really wonderful and driving seem to gives me a hell lot of kick.
Now after awhile, That feeling has subsided..Given a choice, i rather choose to be chauffeured around rather than to be the one behind the steering wheel.
Hence, what i am doing now is, I signed up with a car sharing co. and will rent their car whenever the need arises.
Car can wait....its definitely a financial liability..give urself sometime, build up some financial muscle. Buying a car when u feel absolutely comfortable could perhaps give u more pleasure out of it next time.
Ultimately, what i am trying to say can be summarised in 1 sentence.
"Think twice before you commit"
BTW, I thought I saw one car sharing company offering Alfa 157. -
Most car coop need 3yrs driving experience at least... 23yo min too...
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Moron...Originally posted by Angelo09:2k only and driving a car?
pathetic.
I hate this type of people... -
Earn 2K and want to own a car? Can...musthave no other committment.
If you have to pay for something else, then buy car is a very bad move.
Dun forget there are damage repairs as not everyday is a Sunday. You dunno when u gonna kiss ppl backside, reverse kenna something or hit high hump....and have to fork out extra. -
Hrmmm sekali his bank acct inside for a five figure saving....
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whats wrong with driving a car with 2k take home!?!?....u lifeless %@#$%Originally posted by Angelo09:2k only and driving a car?
pathetic.
so let me guess...u r driving a maybach 62? earning 150k a month? or even more ??
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who the f**k wants to know how much u spend to feed ur car.... he is asking for opinion on buying cars...please dont get out of topic..unless u r a real retarded who dont understand englishOriginally posted by Angelo09:2k is just about enough to feed my car monthly.
haha. -
Hi claymarble...
Also seriously considering buyin a four wheel... Juz do not wish to buy one and use it to & fro works...
$2K+ will be quite okie except will be on the tight side...
Try talkin ur boss out to give some car allowance... Hee...
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Get a 2nd hand car..I don't see what's with the huge number of people going for brand new cars as their first cars.
There's nothing wrong with a '96 '97 Honda Civic etc..do your homework and find a reliable 2nd hand car.Why absorb the initial depreciation for the owners down the line? -
There's nothing wrong into buying a car as long as you can afford it.