Well to each their own i suppose.

If you see Thailand as a good example of a forward/developed country and woudl liek to mimic them then pls go ahead.

I'll rather our country strive to be as developed as SG (despite whether I actually LIKE singapores/singapore or not).

oh.. using my Z4 example...

a Z4 (3.5l) is 8.5M Baht in Thailand. So.. its cheaper then Msia/Singapore?

Er.. what is wrong with red... every car in my house used to be silver.. it got so bland and boring... I'm slowly migrating to red now

LOL... 1.8 @ 118k++?!

This shows their sales peopel is BADLY TRAINED!

I went to the Nissan Infinity showroom in KL.. a bunch of us rush in during a heavy rain.. drippign water all over their floor... summore they were so helpful and professional... some of us sat in their cars with slightly wet shirt also they never bat an eyelid.

Hahaha.. then buy 2nd hand lor... Hyundai cars worth buy second hand cause value drop like nonsense

The radio control panel is LOL inspiring

Its not about affording or not, sure RM120k is not much for a car... but its whether you are getting value for your $, and with the bigger then average drop in 2nd hand value of korean cars, its not looking too attractive currently

The way I look at it.

Buying a car u have a value lost over the years, cant be help.

Buying THIS car u have a Bigger then average loss over the year. If over 3 years I lost an extra 30k compared to say buying an accord.

I might as well put in the extra 30k initially and buy a different car, and at RM120k, I can just buy a Rm150k jap, and I doubt the specs would be much less compared to elantra.

As for korean cars, I have 2 at home now, their drop is bigger then what i woudl like, my proton/nissan depreciation is still acceptable.

As for being able to "afford" it or not, that is a different thing all together, just cause I can afford it doesnt mean I should make a bad buying decision which will end up costing me more $$ then it should have.

How does anyone know? Its new, no one will know for SURE.

But, come on, are you trying to convince people that Elantra will have a SMALLER average loss over the years then an accord?!

So you basically saying, "If wan to buy then buy"? That pretty much doesnt add anything to the discussion.


The question is not whether u will pay RM120k for a car, so what if you paid higher? I bougth a RM200k car, doesnt mean I wanna buy this car, the question is will you pay RM120k for THIS car.

Then your "Buy if you can afford" argument very logical? ssshhhh

I think the current discussion is not over the price, its whether at the current price of RM~120K, is it still worth buying.

And the conclusion for the majority here (including a few fanbois) seems to be "No".

Wrong. Expensive or not is not relative to our income, its a comparison of similar products.

If A = B,
and A is $50,
while B is $500, then B is expensive.

Our income have nothing to do with it.

Hmm... u have any numbers for say 3~5 yrs? Cause, in my case, I dont forsee keeping a car for more then 5 years.

Cause if you keep a car for 10 years... there is a rock bottom of how much the price will go I reckon.

Rate about ~2.8 now.....

So whoever say "use cash pay more upfront (or entire car) to save interest" should be SHOT and then chopped into pieces.

No.... all should be SHOT cause ..... Current FD rate for 60 months is 3.8%... why pay more upfront for the car when you get BETTER returns putting your money in FD./... geeez

Do excuse my inability to catch your point via the long paragraphs. Perhaps you can educate us and show some examples thru simples maths as I would love to learn more.

Lets take a $100,000 car.
Case 1 : Pay $50K cash and loan $50k @ 2.8% for a tenure or 5 yrs.
Case 2 : Pay $0 cash, loan $100k @ 2.8% for a tenure of 5 yrs, AND put in $50k in FD @ 3.0% on a monthly renewable basis for 5 yrs.

So, I'm wondering, which case result in higher savings again?

Also do keep in mind cash in FD is much more versatile, you have an emergency.. out comes the cash, compared to selling your car to get $.

This post has been edited by MeToo: Jan 28 2012, 01:08 PM

Hmm... the way you put it.. seems the I pay more for the HP then what I get in return for my money in FD.

However, doign a quick calculation, the end result doesnt agree with your example strangely.

Lets take a $100,000 car.
Case 1 : Pay $50K cash and loan $50k @ 2.8% for a tenure or 5 yrs.
Case 2 : Pay $0 cash, loan $100k @ 2.8% for a tenure of 5 yrs, AND put in $50k in FD @ 3.0% on a monthly renewable basis for 5 yrs. (FD for 60 months is 3.8%)


Maths :
Case 1 : Total interest paid $7,000
Case 2 : Total interest paid $14,000 - $8000 (FD interest) = $6,000
Case 3 : Using 60 months FD rates $14,000 - $10,000 (FD interest) = $4,000

So.... I'm still confused about the supposed EIR that will make my loan interest more then my FD interest. I think alot of people dont care what is the EIR etc... we care more on what is the actual cost in Ringgit. The EIR could be 500% for all we care as long as we end up saving some $.

Oh and lets not talk about taking $$ out of FD for monthly repayment, the FD $$ will not be touched, I can handle the monthly repayment/maintenance etc for all the above case.

Another guy pointed out the Inflation reducing the "value" of the FD, it doesnt matter cause inflation would have reduced the "value" of yoru RM100k loan as well. So inflation is not a factor in this situation.

This post has been edited by MeToo: Jan 29 2012, 03:52 AM

[quote=Nick-87,Feb 3 2012, 09:39 AM]
[QUOTE]
Benjamin says:
February 2, 2012 at 12:46 pm
Mr Stanley the car will definitely and confirm to be priced around Civic and Altis segment as the build quality and design of the car is a class ahead.

Source

Same saying from bro fluidic, "build quality" + other elements of the elantra make the price tagged equally with japs c seg car.

H. Sonata price is still cheaper than its japs rivals. But if the i. Elantra pricing around civic and altis, meaning the build quality of i > h ?

[/quote]

Simple..... price already set sky high... SA how to explain? Sure must say "This car quality/design is on par with BMW.. so we sell Altis price its a BARGAIN yo!

Malaysia Boleh!

DOnt compare with Korea lah... Malaysia is higher grade de.. we must compare to Somalia! Sonata in Somalia cost more then Malaysia! So means our country very good le!