Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Car loan interest Rate in 2010, what is the current rate??

views
     
epalbee3
post Jan 17 2010, 11:04 PM

Regular
******
Senior Member
1,345 posts

Joined: Sep 2009
But buying Honda Civic 1.8 may means that you have to spend out like 2.5k per month, including instalment, roadtax, insurance, service and petrol?

Really for big spending liao?
epalbee3
post Jan 22 2010, 09:27 PM

Regular
******
Senior Member
1,345 posts

Joined: Sep 2009
I guess now the problem is about which type of car you afford..

rule of thumb: don't over-squeezed yourself..

but don't worry, many have learnt through hard ways..

you want to luxurious, you work like a cow and get empty bank account.

i always say moderate, don't look too high or too low on yourself.

for even a wira with 7 years, expect to pay about RM1k permonth..


Added on January 22, 2010, 9:30 pm
QUOTE(jasontoh @ Jan 22 2010, 09:21 PM)
Why limit our earning capability? If you have a car cost you about 1K for maintenance, insurance, installment, while you can earn few times extra, I do not see why we should limit it? Are you going to tell me that factories that buying more machines and expand to produce more output aka more revenue and profit is wrong?
*
I guess it is about whether you have the free money to do so..

if let's say 1K is you have to squeeze here and there (e.g. tight financial), then no point buy big car.

if you really still without debt and have little savings (10-15%) after that, you can do so..


Added on January 22, 2010, 9:32 pm
QUOTE(jasontoh @ Jan 22 2010, 09:12 PM)
Grimm, gotta agree with you on this. I still remember there were a lot of comments saying that car value depreciate over the time...etc, but none of them think
But, 100% agree with you on this. I know of a lot of people, not getting a car and giving me advice try to stay as close as they can to the work place. None of them think out of the box that with car, you have the flexibility to choose a place to stay, you have the flexibility to work over night (discussion for freelance job, etc).
*
well.. buying a car is not a problem.
in fact, all people who afford can buy.

Just don't buy a car that make yourself difficult.
If you are not financially good, buy a viva please, don't boost yourself and owe credit card..

This post has been edited by epalbee3: Jan 22 2010, 09:32 PM

 

Change to:
| Lo-Fi Version
0.0143sec    0.78    7 queries    GZIP Disabled
Time is now: 26th November 2025 - 01:27 PM