lsm1991, i have made my final decision which is to get iriz 1.6 executive mt because of two words Paul tan and carsome

why do you laugh?it is not funny.Proton Iriz mt  is a good car but not as bad as turbocharged cars and persona and saga flx and exora cps. it is the best proton car ever because it does not have any noisy engine anymore and it is as fun as fiesta and honda jazz. this is not what i say but paul tan say

Bring your trusted foreman go along to test and inspect.

I think it is easier to put in the extra interest cost  to the price of the 2nd hand car so that a 1-1 comparison can be made to new car.

On average 2nd hand car interest rate is about 1% higher so:-

Price of 2nd hand car + (1% X  number of years loan X loan amount) + processing fee.

Once you factor this in sometimes it may not be as cheap as you think.

eg:-
Mazda 6 2015 - 119k
http://www.mudah.my/2015+Mazda+6+2+0L+Skya...pe-48051712.htm

lets assume 7 year loan + 2k processing fee and 110k loan.
Total Cost = 119k + (1% X 110k X 7 years) + 2k = 128.7k
So the price you see is not the price you pay if you include the overhead.

now if you take the  128.7k and compare it with an unreg 2015.
http://www.mudah.my/UNREG+FACELIFT+2015+Ma...IV-46807875.htm

128.7k vs 139k unreg  <-- this is a more accurate comparison to new car price, not 119k vs 139k.

so the difference in price doesn't seem to be very big now and in fact the 2nd hand car is only 10k cheaper than new.

Just want to point out the 2nd hand purchase price is not what you get. There is a lot of "overhead" cost when you buy a second hand car that one needs to factor in that is not applicable when you buy new.

idk I just feel that I can't engine brake with autos