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  1. Join Date
    Jun 2005
    Posts
    1,391
    #11
    i agree with the replies here. id keep it for a few years, unless you really want to change or repairs are becoming costly (doubtful for a 3 year old car).

    i can suggest that for your next one, buy a 2-3 year old car and let someone else absorb the initial depreciation. then when you want another in a year or so, you can resell for little or no loss. in fact, im doing something similar, but really short term, and i earn when i resell the car .

  2. Join Date
    Jun 2005
    Posts
    1,391
    #12
    double post.
    Last edited by MXFX; September 23rd, 2008 at 02:46 PM.

  3. Join Date
    Jan 2008
    Posts
    152
    #13
    people who could afford this usually do so.

    good points are:

    - less hassle with repairs and replacement
    - higher resale value
    - for some time, you'll have the latest car model


    just try to make sure that the new car you're getting would hopefully have a good resale price (in terms of brand and model)

    also try research if the car you're planning to buy is releasing a newer model soon

  4. Join Date
    Jun 2007
    Posts
    272
    #14
    Quote Originally Posted by coiter View Post
    kung kelan panay sakit ng ulo na lang ang binibigay sayo at wala ka nang peace of mind sa daan :D
    plus 2 into this

    and at least for now, wala kang iisipin na babayaran amortization monthly. Free at last !

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car buying practices (what's your take?)