Originally posted by kardealer:
Now COE so low still can buy new car ah... wait till when u want to sell then u realise how much your paper value actually worth... Not even half of the amount that u buy. Unless u drive till 10 years. Good luck man~
Depend wat car you buy, still some of the price won't come down. Or go for cheap 2nd hand conti. I rather the car to cost less than having a high paper value which incurr high loan with 3.5% right now. If you take a full 10yr loan of 70k wat is the interest be? If the car is reliable I don't mind driving it for 7yrs or more if I really like the car, unless oil price go up to $2/L above.
But the technology move very fast, old car onlonger have the appeal compared to new car.