Brand new or 2nd hand - If you have 400k cash

**laird** · August 15th, 2012 09:38 AM

Mga master ask ko lang kung may 400k kayo, would you go for a 2nd hand car or i pang downpayment na lang sa brand new car ( alam ko may nag ooffer ng 50% downpayment and the yung remaining 50% eh zero % interest na for 5 years.

**Bin Diesel** · August 15th, 2012 09:57 AM

parang walang 0% interest for 5 years. 1 year siguro pede pa.

kung makakakuha ng maganda at maayos na 2nd hand yun na lang wala ka pang utang.

**Syuryuken** · August 15th, 2012 11:40 AM

Sedan or SUV? pang binata o pampamilya?

Kung kakilala mo yung nagbebenta ng second hand pwede pero kung sa mga buy and seller isip-isip ka baka yung mga nabaha ang makuha mo.

**lowslowbenz** · August 15th, 2012 11:46 AM

Wag magmadali ... konting ipon pa, then buy brand new..... cash!

**CVT** · August 15th, 2012 12:06 PM

Bro,- if I have P400K, then I will hold on to it, until I encounter a very good bargain....

Ikut-ikot ka lang muna bro., at maghanap ka ng magandang tiyempo for a pre-owned vehicle...

Remember Cash is King...

I was looking for a pre-owned vehicle a few months ago for some requirements,- and I have some money to spare. But I did not rush... Tanung-tanong at ikot lang, until I encountered a 4-year old vehicle with barely 10KKm mileage, just out from nowhere... I was able to buy it at P450K lower than its price 4 years ago- acceptable depreciation... Good bargain.... Sariwa ang loob, pati ang makina,- walang bakas ng putik anywhere(hindi nabaha)...So far, walang kaproble-problema,- So, sabi nga nila naka-jackpot.

You have to realize that the depreciation of brand new vehicle is staggering... Don't get me wrong as I am buying brand new vehicles, too, but we all have different financial capacities and requirements. And so...

16.6K:sunny::sampay:

**Retz** · August 15th, 2012 12:14 PM

depende yan sa budget mo brad. it is all about money and your budget.

**niky** · August 15th, 2012 12:15 PM

If you can get a mad bargain like that... or anything under 20-40k kms for 400k pesos, that's the best bet.

Personally, since I value fuel economy, I'd be putting that money into a brand new Eon or an almost new 1.3 MT Jazz. Smaller cars have less depreciation over time, even from new, and the lower running costs, insurance and registration costs will pay dividends over time.

**jut703** · August 15th, 2012 12:46 PM

Secondhand, especially if your disposable income isn't that large. Monthly amortization payments can suck the life out of you if you're paying for something that takes up majority of your take home pay.

BTW, pinakamaganda mo na sigurong makukuhang interest for a 5-year loan is about 25%.

**userfriendly** · August 15th, 2012 04:19 PM

For 2nd hand cars, just make sure its not a flooded vehicle and that the odometer was not tampered. A lot of buy and sell guys like to roll back the mileage. So bring a mechanic if you can and make sure that the car is in good condition. Its hard to tell if the kms have been rolled back so use your best judgment and pay more attention to the condition of the car rather than the kms.

**1D4LV** · August 15th, 2012 04:22 PM

Originally Posted by laird

Mga master ask ko lang kung may 400k kayo, would you go for a 2nd hand car or i pang downpayment na lang sa brand new car ( alam ko may nag ooffer ng 50% downpayment and the yung remaining 50% eh zero % interest na for 5 years.

i, personally would go for a 300k car, and leave the 100k for repairs.
yoko ng may utang eh. proproblemahin mo pa yan every month.