Dec 23 2019, 12:00 AM
QUOTE(raikaevil @ Dec 20 2019, 11:05 AM)
Lately I been thinking to buy a new car, but my parents advised me to use back the old car to save money. The problem is that old car everything just feel sucks, no power bad suspension, bad design, bad control, bad sound system, and old tint. The current car I'm using is an 10 years old 1st gen myvi. I'm not sure should I invest my money to refurbish the car, *hopefully the can get back to at least 7/10 condition. To fix all those problem I mentioned, I think probably need at least 5 to 10k I guess. So in my opinion, buying a new might just save the hassle no worry about other thing. What do you guys think?
Refurbish the old car or Buy a new car?
Will the old car become nice to drive and use if I refurbish it?
Dude, from a financial perspective, don't spend too much on cars. It's a depreciating assets that doesn't bring you additional wealth. I would advise to refurbish your old car. After all its your own car. If you still wanna get something different then go for second hand. Get a reliable mechanic to check the car and you're good to go. Refurbish the old car or Buy a new car?
Will the old car become nice to drive and use if I refurbish it?
Cars depreciate the most the first two years+
With the money you save, you can put into savings or investment man.
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