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> Buying New Car: Loan or Full Settlement?, Need Advice

What are your suggestion to buy the new car?
Take car loan [ 25 ] ** [67.57%]
Full settlement/payment [ 12 ] ** [32.43%]
Total Votes: 37
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TSDesch P
post Feb 20 2020, 01:45 PM, updated a long time ago

New Member
7 posts

Joined: Jan 2020
I have been working for several years.
Being thrifty, I have been able to save up $$$ over the years.
Currently using 2nd-handed Kancil.
I plan to purchase Perodua Axia (cost ~ RM 3X k) by this year.

I would like to seek advice/opinion from you all.
If you have more than enough savings to purchase a car without loan, after buying the car you still have sufficient $$$ to handle family emergencies just in case.
Do you prefer take loan then invest the $$$ in FD or others,
or settle with full payment for the car?
And what are your reasons?

I appreciate your opinion/advice.
Thank you.


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