Buy a New Car and Trade-In the Old Ride

[Excalibur]

How much would the trade-in value of a Nissan Sentra '97 Series 3 Super Saloon (all power) be vis-a-vis a brand new car?

Say for example I want a Ford Fiesta Trend Sedan or a Toyota Vios 1.3E or maybe a Nissan Sentra GX 1.3 all power.

I was hoping kasi to cover at least the 20% all-in downpayment for me to concern myself of the monthly amortization na lang for say 5 or 6 yrs.

AND, ano po ba ang overall advantageous in terms of price, performance, looks and parts availability sa tatlong brand that I mentioned above??

TIA po sa mga experts na magbagay ng opinions nila or better yet owners nung mga brands that I mentioned.

[renzo_d10]

Mas mabuti kung ibenta mo yan ng sarili mo.

Sobra babaratin yan kapag trade-in baka maburat ka pa at masapak mo yung sales agent.

[Gecko Guy]

Nakupo...kawawa yang auto mo kapag trade in ginawa mo...este ikaw pala ang kawawa kasi tama yung sinabi ni renzo, as in BABARATIN ka lang ng casa.

[myk384]

Sell it yourself, wag sa dealer...

[3GEMS]

pasabay narin... how much ba dapat saving sa bank para masabing safe kana kumuha ng car loan? how much dapat monthly income? for example 15 k mothly amort for 5 years... maliit na kasi 5 seaters samin... target namin is innova 250-300 DP then mga 5 years to pay

[Gecko Guy]

*3gems: If you have 300K now then pasok na yan for the 20% dp for a bank loan and 15k/monthly x 5 years is ok but I think Toyota has their own financing scheme which is also highly competitive with the banks. Check those out.

[renzo_d10]

1.Fiesta
2.Vios
Way far behind... Sentra.

Ayaw mo Mazda 2 or Kia Rio or Honda City?

[renzo_d10]

Ako financially safe na kung may pera sa bangko sa kaya magshoulder ng atleast 6 months of amortization ng kotse. Within 6 months naman kasi usually nakaka-bangon ulit yung affected.

Syempre labas don yung talagang savings for the family. So kung 15k/month x 6 = 90k. Tapos savings for family mga 60k. Atleast, 150k should be somehow safe.

500k dp is actually pretty high already, why not take a look at cheaper vehicles instead? Like the Altis, Elantra etc.

Or atleast grab Mitsubishi's offer -- 1.1M for a brand new montero.

Usually pinakamaganda financing is around 2-3 years. Paying in cash is still not good though

[yapoy86]

maliit lang halos kita ng bank dyan.. for example yung kinuha ko.. for 5 years 172k lang ang kita nila sa total loan amount ko na 640k.. not bad for 5 years.. hindi ka pa bigla mawawalan ng cash di ba.. magagamit mo pa din yun... ok mag loan kung steady naman ang kita mo .. pero kung hindi ..wag na lang