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May 7th, 2015 10:24 PM #33I have a big dilemma, what should I buy? Should I buy a new car (Mirage GLS or Swift 1.2) or a second hand Swift 1.4?
FORMULA
VEHICLE MODEL DOWNPAYMENT (DP) NUMBER OF MONTHS AMORTIZATION = TOTAL OWNERSHIP COST = COST PER KILOMETER WITH THE ASSUMPTION OF RUNNING 100k and COST PER YEAR WITH THE ASSUMPTION OF NUMBER OF YEARS OF OWNERSHIP
· Mirage GLS 63dp 12,500 monthly 60 = 813k = 813 per 1 km/100km (101.k a year/8years)
· Mirage GLS 61dp 12,276 monthly 60 = 797k total cost = 797 per 1 km/100km (99.62k a year/8 years)
· Mirage GLX 50k dp 10,500 monthly 60 = 680k total cost = 680 per 1 km/100km (85k a year/8 years)
· Swift 1.2 88kdp 11,800 monthly 60 = 796k total cost = 790 per 1 km/100km (98.75k a year/8 years)
· Second Hand Swift 1.4 2013 (20km mileage)
DP 50,400 11,333 monthly 48 = 594k total cost = 740 per 1km/80km (99.33 a year/6 years)
What do you think?
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May 7th, 2015 10:47 PM #34well, you seem to have computed which will cost the least...
now go out and examine them and test-drive them, to see if you are willing to forgo certain amenities for money..
alas, only you can answer that question..
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May 26th, 2015 09:19 AM #36
Pre-owned,- you get to choose your plate number ending....
Brand-new,- good luck on your plate number ending.....
(Hey! it could be the same coding day as your current ride...... )... Brand new naman!..... :hysterical:
"The measure of a man is what he does with power" LJIOHF!
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I went with him at LTO's The Link satellite office nung nag-renew sya. We were given a number to...
Driver's License Renewal Process?