QUOTE(bigmac999 @ Jul 23 2014, 06:13 AM)
Add Campro CFE become Inspira Evox!!! Wanna get a new car but don't know what to get, Dilemma between a few car makers
Wanna get a new car but don't know what to get, Dilemma between a few car makers
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Jul 23 2014, 08:01 AM
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Senior Member
15,022 posts Joined: Jan 2003 From: Damansara Jaya/Bandar Utama |
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Jul 23 2014, 10:49 AM
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0 posts Joined: Mar 2014 |
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Jul 23 2014, 10:57 AM
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5 posts Joined: Jun 2011 From: ~sTuckEd in miD-wOrLd~ |
New city value for money!
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Jul 23 2014, 11:03 AM
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7 posts Joined: Jun 2014 |
QUOTE(Xu3r @ Jul 22 2014, 11:45 PM) So basically I've always bought my BMWs 2nd hand. Never had any issues with all of them. Only regular maintenance and replacement of wear and tear parts. The key is to do your research, get the full service record, send for complete diagnostics before buying and if possible, buy from an enthusiast owner who maintains his/her car properly. Parts you can buy yourself and save $$.DONT BUY SECOND/RECOND hand CARS NO money No buy Easy as that i really still dont get it why people want buy second hand car Save money ? yeah right save them on the repair bills Why buy 2nd hand? Because for the same price, I get a better car and lose less money when I sell it later on. When I sold my first car, I lost only RM5k on selling price after 5 years of usage. If I include maintenance for the entire duration of my usage, I lost less than RM15k. My next car only lost RM10k on selling price. Including maintenance, probably around RM20k. Also about 5 years of useage. If I bought a new car for the same amount of initial money, I'd lose a whole lot more. Easily twice the amount. So yes, I SAVED MONEY and drove a better car. |
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Jul 23 2014, 02:37 PM
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813 posts Joined: Aug 2008 From: KUALA LUMPUR |
QUOTE(andrewkyc @ Jul 23 2014, 11:03 AM) I've always bought my BMWs 2nd hand. Never had any issues with all of them. Only regular maintenance and replacement of wear and tear parts. The key is to do your research, get the full service record, send for complete diagnostics before buying and if possible, buy from an enthusiast owner who maintains his/her car properly. Parts you can buy yourself and save $$. Why buy 2nd hand? Because for the same price, I get a better car and lose less money when I sell it later on. When I sold my first car, I lost only RM5k on selling price after 5 years of usage. If I include maintenance for the entire duration of my usage, I lost less than RM15k. My next car only lost RM10k on selling price. Including maintenance, probably around RM20k. Also about 5 years of useage. If I bought a new car for the same amount of initial money, I'd lose a whole lot more. Easily twice the amount. So yes, I SAVED MONEY and drove a better car. |
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Jul 23 2014, 02:40 PM
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134 posts Joined: Nov 2011 |
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Jul 23 2014, 04:36 PM
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5,907 posts Joined: Dec 2012 From: Taiping,Perak |
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Jul 23 2014, 06:23 PM
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685 posts Joined: Jun 2014 From: Earth |
QUOTE(Xu3r @ Jul 23 2014, 02:40 PM) Service centre ka??? Thats why if own 2nd hand bmw need to find a specialist workshop that doesnt cut throat last time i replaced mine with 100din battery also cost me only rm440 from a specialist workshop and its ok to buy 2nd hand bmw/merc/audi at long u find good ones my 2nd hand bmw cars are just as reliable as my brand new proton This post has been edited by bigmac999: Jul 23 2014, 06:26 PM |
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Jul 23 2014, 06:58 PM
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Junior Member
28 posts Joined: Aug 2005 |
QUOTE(andrewkyc @ Jul 23 2014, 11:03 AM) I've always bought my BMWs 2nd hand. Never had any issues with all of them. Only regular maintenance and replacement of wear and tear parts. The key is to do your research, get the full service record, send for complete diagnostics before buying and if possible, buy from an enthusiast owner who maintains his/her car properly. Parts you can buy yourself and save $$. Wah....mind opener..will keep that in mind the next time I'm looking to bo buy a car.Why buy 2nd hand? Because for the same price, I get a better car and lose less money when I sell it later on. When I sold my first car, I lost only RM5k on selling price after 5 years of usage. If I include maintenance for the entire duration of my usage, I lost less than RM15k. My next car only lost RM10k on selling price. Including maintenance, probably around RM20k. Also about 5 years of useage. If I bought a new car for the same amount of initial money, I'd lose a whole lot more. Easily twice the amount. So yes, I SAVED MONEY and drove a better car. But technically I think I'm better cuz I bought a proton 11years back and still driving it....so technically I lose nothing...LoL and saved what ever amount of money u add to buy a new car....weeeee.... IMHO, when dealing with a vehicle, can't calculate like that as if it's a asset, fact is thats a liability...nuff said... TS buy VIOS J manual, base on ur budget and ur car listed, u dun have much a choice, and u will need to streatch it over 9 years loan. Don't worry bout it, unless u plan to change ur car every 3-5years like ur rich....it wontbpost an issue, for me..I always use my car >10years, no matter what other said..selling ur car means losing money, buy new car lose money again....so I use my car for 10years means I lose less than those that change car twice already....plus I love my cars , they r part of me...as long as they serve me well, they r here to stay This post has been edited by stewPik: Jul 23 2014, 07:05 PM |
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Jul 23 2014, 07:35 PM
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586 posts Joined: Sep 2005 |
QUOTE(stewPik @ Jul 23 2014, 06:58 PM) Wah....mind opener..will keep that in mind the next time I'm looking to bo buy a car. That's what I'm doing now. LoL, my wira is 1996 auto. Drove since 2004. I changed 2 gear box in 3 year time (2011-13). Fed up with all the fixing. Trading in now to get a less problem and hassle free car.But technically I think I'm better cuz I bought a proton 11years back and still driving it....so technically I lose nothing...LoL and saved what ever amount of money u add to buy a new car....weeeee.... IMHO, when dealing with a vehicle, can't calculate like that as if it's a asset, fact is thats a liability...nuff said... TS buy VIOS J manual, base on ur budget and ur car listed, u dun have much a choice, and u will need to streatch it over 9 years loan. Don't worry bout it, unless u plan to change ur car every 3-5years like ur rich....it wontbpost an issue, for me..I always use my car >10years, no matter what other said..selling ur car means losing money, buy new car lose money again....so I use my car for 10years means I lose less than those that change car twice already....plus I love my cars , they r part of me...as long as they serve me well, they r here to stay |
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Jul 23 2014, 07:43 PM
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Junior Member
28 posts Joined: Aug 2005 |
QUOTE(jameslionhart @ Jul 23 2014, 07:35 PM) That's what I'm doing now. LoL, my wira is 1996 auto. Drove since 2004. I changed 2 gear box in 3 year time (2011-13). Fed up with all the fixing. Trading in now to get a less problem and hassle free car. basically, on this note, if you don't plan to change ur car , then get a better car/car you like....but if you are strict on ur budget then as mention....not much choice from the list....in fact any car about 80k will be almost impossible to meet ur budget.....but as some mention here, u can consider a cheaper alternative like that myvi and persona Or go for preve or suprima, for preve/suprima , it is a good value for money car in term of size and specs, but it has yet to proven it's durability as it is relatively new....it may last you >10years ...it may not....BUT of all the marque that was mentioned, i don't think anyone can DENY that the GOD car is the safest car you can choose....and will definitely last u a decade..heck the technology they use is already more than a decade years old....it's definitely proven itself....there is a reason it's dubbed the GOD CAR.... |
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Jul 23 2014, 07:46 PM
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Junior Member
28 posts Joined: Aug 2005 |
QUOTE(bigmac999 @ Jul 23 2014, 06:23 PM) Service centre ka??? Wrong also.....to be more accurate...if you wanna own a 2nd BMW you better know something about car urself....if you are ignorant in maintaining you car confirm you'll be slaughtered....RM5k for a battery...obviously being slaughtered 20times over..........there is not much honest workshop around.....just depends on whether they are able to con you or not..........Thats why if own 2nd hand bmw need to find a specialist workshop that doesnt cut throat last time i replaced mine with 100din battery also cost me only rm440 from a specialist workshop and its ok to buy 2nd hand bmw/merc/audi at long u find good ones my 2nd hand bmw cars are just as reliable as my brand new proton |
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Jul 23 2014, 08:01 PM
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Junior Member
7 posts Joined: Jun 2014 |
QUOTE(stewPik @ Jul 23 2014, 06:58 PM) Wah....mind opener..will keep that in mind the next time I'm looking to bo buy a car. hahah! But you really gotta go in with your eyes WIDE open and do your homework extensively. Have to also understand the nature of the car market for that particular model.One way of making an assessment is to first decide 1. if you buy new, what car can you afford? 2. how long do you plan to use the car before changing? Then you can roughly work out what 2nd hand cars budget you should look at. E.g. Say you can afford a Civic and want to use it for 5 years. A new civic is about RM125k. A 5 year old civic is on average around 90k (estimate la from Mudah). Your depreciation is approx RM35k over the 5 years. So, without taking maintenance and financing into consideration for now, techincally you can buy a 35k 2nd hand car, use it for 5 years and throw it in a lake after than and will be no worst of financially. But we all know that the car will most likely have some residual value after that. So, conservatively, say the 2nd hand car has a residual value of RM15k after 5 years. That means, your 2nd hand car budget is now RM35k + RM15k = RM45k before you can be financially worst off than buying a new car. Go to mudah and see what cars you can get for RM45k. You'll be surprised. You may say financing 2nd hand car more expensive. Agreed. But you are financing over a lower amount too.. i.e. 125k vs 45k. What about maintenance? Won't it be higher for old cars? Agreed. It will be. But thats where you need to do your homework and research. It can be minimised. And OEM parts are way much cheaper than parts from authorised dealers. Also, check the warranty on new cars. Not all include free service, only warranty. So you still have to pay for your regular service... at authorised workshop.... and we all know the prices there are... ahem Take it a step further, you can actually buy cars that depreciates less than 35k in 5 years, and won't be worst off. So, if you think a car will half its value in 5 years, you 2nd hand car budget is now RM70k... getting interesting ya? Anyway, just food for thought. Its not 100% foolproof and I'd suggest you have a healthy cashflow before you embark on this journey to be on the safe side. But the reward is sweet! QUOTE(stewPik @ Jul 23 2014, 06:58 PM) IMHO, when dealing with a vehicle, can't calculate like that as if it's a asset, fact is thats a liability...nuff said... Spot on! |
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Jul 23 2014, 08:05 PM
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Senior Member
1,353 posts Joined: Jan 2014 From: Sunway South Quay |
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Jul 23 2014, 08:13 PM
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Junior Member
28 posts Joined: Aug 2005 |
QUOTE(andrewkyc @ Jul 23 2014, 08:01 PM) hahah! But you really gotta go in with your eyes WIDE open and do your homework extensively. Have to also understand the nature of the car market for that particular model. nice, i like the way you think....as not many ppl now think like that.... One way of making an assessment is to first decide 1. if you buy new, what car can you afford? 2. how long do you plan to use the car before changing? Then you can roughly work out what 2nd hand cars budget you should look at. E.g. Say you can afford a Civic and want to use it for 5 years. A new civic is about RM125k. A 5 year old civic is on average around 90k (estimate la from Mudah). Your depreciation is approx RM35k over the 5 years. So, without taking maintenance and financing into consideration for now, techincally you can buy a 35k 2nd hand car, use it for 5 years and throw it in a lake after than and will be no worst of financially. But we all know that the car will most likely have some residual value after that. So, conservatively, say the 2nd hand car has a residual value of RM15k after 5 years. That means, your 2nd hand car budget is now RM35k + RM15k = RM45k before you can be financially worst off than buying a new car. Go to mudah and see what cars you can get for RM45k. You'll be surprised. You may say financing 2nd hand car more expensive. Agreed. But you are financing over a lower amount too.. i.e. 125k vs 45k. What about maintenance? Won't it be higher for old cars? Agreed. It will be. But thats where you need to do your homework and research. It can be minimised. And OEM parts are way much cheaper than parts from authorised dealers. Also, check the warranty on new cars. Not all include free service, only warranty. So you still have to pay for your regular service... at authorised workshop.... and we all know the prices there are... ahem Take it a step further, you can actually buy cars that depreciates less than 35k in 5 years, and won't be worst off. So, if you think a car will half its value in 5 years, you 2nd hand car budget is now RM70k... getting interesting ya? Anyway, just food for thought. Its not 100% foolproof and I'd suggest you have a healthy cashflow before you embark on this journey to be on the safe side. But the reward is sweet! Spot on! |
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Jul 23 2014, 08:23 PM
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5,369 posts Joined: Jan 2007 From: KL Malaysia |
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Jul 23 2014, 09:04 PM
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685 posts Joined: Jun 2014 From: Earth |
QUOTE(stewPik @ Jul 23 2014, 07:46 PM) Wrong also.....to be more accurate...if you wanna own a 2nd BMW you better know something about car urself....if you are ignorant in maintaining you car confirm you'll be slaughtered....RM5k for a battery...obviously being slaughtered 20times over..........there is not much honest workshop around.....just depends on whether they are able to con you or not.......... true better do research also before pulling trigger on something as for ts its better to buy a brand new car |
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Jul 23 2014, 09:15 PM
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Junior Member
438 posts Joined: Dec 2004 |
QUOTE(jameslionhart @ Jul 21 2014, 10:21 PM) Wish to get a new or good used car but most of my friend advised me to get a new one. Hassle free with warranties. My budget is around Rm 8,000 down payment and less than Rm 800 installment per month. Any sifu can advise? Installment at 800 per month I would estimate your repayment for your loan is either 40-45k loan for 5years or 55k-58k loan for 7years.then adding on top of your downpayment, then you know which car you gonna aim for, then do some research on the net and go for test drive, every ppl expect differently, so the choice is in your hand. |
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Jul 24 2014, 08:09 AM
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819 posts Joined: Jun 2007 From: Moon's Dark Side |
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Jul 24 2014, 09:30 AM
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633 posts Joined: Apr 2014 |
QUOTE(andrewkyc @ Jul 22 2014, 10:00 AM) If you are willing to try something different, you may want to consider a late model 3 series (E36). They can be bought for under 30k for a good condition unit or much lower for a fixer upper. Maintenance is not as expensive as most ppl think and the driving experience is much better than any sub 50k new car you can find now. The key is to find one that is well maintained by an enthusiast owner. I've been in the market for a Beemer second-hand, but from the club and other forums on average the repair costs average abt 1k a month. And what abt fuel consumption?And also, its pretty much at the bottom of the depreciation value already. Even if you lose half of 30k and sell it at 15k say 5 years down the road, you'll probably lose less in value than any other sub 50k new car that you can buy now. I've done is as a first car many years back. Used an old BMW (1990 model) and sold it after using it for about 5 years. I lost only 5k. Even if I factor in maintenance over the 5 years, I lost less than 15k (and that included replacement of wear and tear parts, regular maintenance). My next 'old' BMW (1997 model) also after selling, I lost only 10k in value after 5 years of use. In comparison, the 'new' recond car I bought, already lost 90k in depreciation over 5 years.... Only issue is to find financing for such an old car, but something to ponder on perhaps? Would appreciate if you can shed more insight... |
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