[ADVICE] Planning to buy a car

[archielew]

Hi Tsikoteers,

I'm currently thinking of buying my very first car. I decided I need it mainly for the reason of convenience and safety, not for me but for my wife and our baby. Mahilig kasi sila mamasyal! Basically the car will be used as my daily commute from home to office, and on the weekends pampasyal, and lastly for our occasional trips to our province (nueva ecija).

Now my first plan was to buy Brand New, specifically the eon, since mura at tipid pa daw sa gas. But then, I thought maybe buying 2nd hand would be wiser, since I don't need to finance it in the bank. Meaning, yung pang hulog sana namen monthly, ipon na lang namen. My budget for 2nd hand car is 100k.

So guys patulong naman. Will buying 2nd hand be wiser? Ang worry ko naman kasi sa 2nd hand e, since may kasama akong baby pag byahe, baka bigla na lang masiraan sa daan. Ayoko naman nun. Enge na din po ng suggestions nyo na 2nd hand car.

Thanks for patiently reading, have a good day!

[jhnkvn]

Secondhand cars isn't without problems. You still need to allocate a budget for repairs and maintenance.

And as you are not mechanically inclined, I would recommend you push ahead with a brand new car purchase instead of buying secondhand on a budget of 100k.

[jdjoeydean]

Mitsubishi Mirage po Sir.

[d'flash]

go for brand new na lang sir, kung meron ka naman pang monthly amort, iwas sakit sa ulo na rin, at kung 100k na 2nd hand, medyo mamomroblema ka na dyan sir.

[remzam]

if you have the money to buy, i suggest you get a brand new car since this will mostly be for the use of the whole family.

it's ok to have a second hand car but i assure you , you will encounter problems along the way. and as you said, you don't want any of that inconveniences. your budget for a second hand car which is 100k is a bit low. and definitely you will spend more than that whether it will be mechanical or engine expense for the 2nd hand car or aesthetics.

i have had my share of experience owning a second hand car and a brand new car (family car). owning a second hand car made me learn so much about proper maintenance and basic trouble shooting (mainly because madalas ako masiraan or bumibigay na mga pyesa dun sa lumang kotse) masakit sa ulo as bulsa pero in hindsight it is a learning experience for me.

since you said the car will usually be occupied at most by 3 passengers (you, wifey, and baby) then any car will do, including a subcompact car like the eon you initially thought of. mas tipid pa sa gas. right now, gas expense is really a consideration especially with a family man like you.

if you have more budget you can get a "bigger" car for more comfort but subcompacts these days are really good and cheap. go check and test drive different units since you, the prospective buyer, can and will only know what is the right car for you. browse the first hand experience and review of owners here at tsikot so you can have an idea of the pros and cons of each target cars that you have on your list.

goodluck and please do post here what car won your choice. always have a safe trip with your family and enjoy the weekend getaways! nakaka-adik mamasyal lalo na bago ang kotse mo

[jhnkvn]

And as the economy is booming, this has a tickle down effect on our interest rates where banks effectively compete with one another by cutting their rates and providing the "best" deals in town.

I'm still a fan of personal fiscal discipline though. Don't avail yourself of those 5, 10, 20% DP schemes. As much as you can afford, cut down your interest expense by paying as much as you can up-front.

[the_wildthing]

Kung pang-araw-araw at gagamitin ng misis at baby mo alangan ang second hand unless very well maintained. Walang presyo ang peace of mind na hindi sila masastranded o maaksidente dahil sa sasakyan. At mahirap masabi kung well maintained unless kumpleto ang records, at pasado sa inspection.

Kung ayaw mo ng brand new hanap ka ng maximum 5 years old, well maintained, kumpleto service records, na-check ng mekaniko, walang previous accidents.

[archielew]

Whoa! Thank you all, for your insights, appreciate it, especially remzam!

[Excalibur]

Get a brand new car, you can afford it anyway right?

If budget does not permit you to buy a new one, there are dozens of quality 2nd hand cars out there. With a budget of 100k to 150k, im sure there is a car which would suit your needs. Go to sulit.com.ph, they have great 2nd hand cars there.

[GTi]

Bro, 100k is a tad low for a 2nd hand car. You'd be getting something close to twenty years old with that sort of budget. For a good 2nd hand car, I'd need to have a budget of at least 100+k and with some additional for any repairs that may need to be done. But then if you can increase your budget to around 150k, then it may be more feasible for you. At this point you can get the late 90s to early 2000s subcompact and compact sedans.

For brand new, do make sure that you will be able to pay without fail every month! I'd suggest you consider the Kia Rio and Mitsubishi Mirage.

[LiempoBoi]

Bro, 100k is a tad low for a 2nd hand car. You'd be getting something close to twenty years old with that sort of budget. For a good 2nd hand car, I'd need to have a budget of at least 100+k and with some additional for any repairs that may need to be done. But then if you can increase your budget to around 150k, then it may be more feasible for you. At this point you can get the late 90s to early 2000s subcompact and compact sedans.

For brand new, do make sure that you will be able to pay without fail every month! I'd suggest you consider the Kia Rio and Mitsubishi Mirage.

Agree. Medyo mahal mag maintain ng mga lumang kotse. Ok lang kapag coding car pero kapag daily drive...no sinve hindi mo alam kung paano na maintain yung sasakyan.I sold my 1996 corolla last year because of this reason.
Sunod sunod na kasi sakit niya. Brand new na kung daily car. Ipang DP mo nalang yan pero dapat kaya mo rin yung monthly.

Sunod sunod reapirs ko dati diyan. Compressor + condenser, shocks, engine overhaul, aux fan, radiator overhaul, ball joints, etc.

Kung 2nd hand talaga, ipon muna then look for a well maintained 2000 and up model cars.

[archielew]

Gti and Liempoboi, thanks for the input. Mukang I'll push through nga with the brand new. monthly ammortization, kaya naman. But then mejo may risk kasi 5 years sya huhulugan. So I guess I'd put up a back up plan, that is to put up a business.

[basti08]

Hi there!

1st, mas OK talaga ang brand new car. Less hassles, almost problem free at masarap gamitin. I am not dismissing secondhand cars though, kasi madami din namang 'good used' cars dyan. Pero not at your budget, 100k is just to low for you to have a worry free used car. Ang mahirap kasi sa 2ndhand cars is for sure meron ka pa ding ipagagawa kahit gano ka good cond. Unless medyo bata pa ang model ng kukunin mo. Unless you have extra cash aside for repairs and luxury of time to waste sa talyer. Masarap din naman walang monthly na isipin.

[archielew]

Thanks sa mga advice sirs!

Now I decided to buy Brand New Eon, may Hyundai Dealership na nagpasa ng application ko sa PSBank, ang I got approved:

55700 Php All in
9181 - 5years M.A.

Now guys, is this a good deal? Pa-advice naman. Thanks

[brainmafia_310]

Thanks sa mga advice sirs!

Now I decided to buy Brand New Eon, may Hyundai Dealership na nagpasa ng application ko sa PSBank, ang I got approved:

55700 Php All in
9181 - 5years M.A.

Now guys, is this a good deal? Pa-advice naman. Thanks

pwede na sa mababang model ng eon, better kung mas mataas.

try to consider Suzuki Celerio, Suzuki Alabang offered my Officemate 49K DP all in yung top of the line daw na manual, tpos parang 9k din ang monthly.

[archielew]

pwede na sa mababang model ng eon, better kung mas mataas.

try to consider Suzuki Celerio, Suzuki Alabang offered my Officemate 49K DP all in yung top of the line daw na manual, tpos parang 9k din ang monthly.

Sir, pwede ba makuha number ng suzuki alabang, or kung may link sa ad nila? just to check. thanks!

[robot.sonic]

isama mo na sa budget mo ang cost ng maintenance. every 3 months /5K kms ang PMS nyan.

[archielew]

isama mo na sa budget mo ang cost ng maintenance. every 3 months /5K kms ang PMS nyan.

According sa binasa kong napakahabang Hyundai Eon thread dito kanina, every 5k kms naman daw ang PMS after ng 1000km. and according sa SA na kausap ko, FREE naman daw yung 1st 1k and 5k km PMS, not sure pero alam ko labor lang yun. Plus yung hyundai one card naman daw magagamit sa discount sa mga parts. tingin mo boss?

[renzo_d10]

Meron suzuki, yung sedan... nakalimutan ko tawag. Dzire ata, yung itsurang Swift.

Mura lang siguro yun, mukhang basic car lang din. Tanong mo rin, available na siya sa Suzuki E. Rod, nadaanan ko kanina. At least sedan.

Pero kung mahal, oks din yung Mirage GLX MT. Parang under 500T ata. Pati Celerio. At least mas malaki ng konti kaysa sa Alto.

Speaking of Alto, meron bago offering Suzuki, bago itsura nung Alto 800cc. 388K lang.

Kung puro kayo city, hindi masyado nageexpressway (parang delikado sa expressway, masyado magaan alto) perfect na yun Alto. Mura na tipid pa.

Wala talaga tatalo sa brand new. Ok sana kung 2nd hand kung budget mo nasa 250T, may makukuha ka na maayos na car kahit papano sa ganun. Pero kung 100T, risky talaga.

Everyday car pa. Sana kung project car lang.

Wag mo patusin yung low down (55T etc. etc.) talo ka pa rin in the end

Since may budget ka naman pang-2nd hand, siguro mga 100-150T ang down mo. At least mas maliit monthly, mas madali ihabol kapag medyo kinakapos at mas maliit interest.

[archielew]

Meron suzuki, yung sedan... nakalimutan ko tawag. Dzire ata, yung itsurang Swift.

Mura lang siguro yun, mukhang basic car lang din. Tanong mo rin, available na siya sa Suzuki E. Rod, nadaanan ko kanina. At least sedan.

Pero kung mahal, oks din yung Mirage GLX MT. Parang under 500T ata. Pati Celerio. At least mas malaki ng konti kaysa sa Alto.

Speaking of Alto, meron bago offering Suzuki, bago itsura nung Alto 800cc. 388K lang.

Kung puro kayo city, hindi masyado nageexpressway (parang delikado sa expressway, masyado magaan alto) perfect na yun Alto. Mura na tipid pa.

Wala talaga tatalo sa brand new. Ok sana kung 2nd hand kung budget mo nasa 250T, may makukuha ka na maayos na car kahit papano sa ganun. Pero kung 100T, risky talaga.

Everyday car pa. Sana kung project car lang.

Wag mo patusin yung low down (55T etc. etc.) talo ka pa rin in the end

Since may budget ka naman pang-2nd hand, siguro mga 100-150T ang down mo. At least mas maliit monthly, mas madali ihabol kapag medyo kinakapos at mas maliit interest.

Sir thanks sa reply mo. Mejo alangan ako sa Sedan e, out of the budget na.

Siguro yung kotse e gagamitin lang namen sa expressway pag uuwi kame ng N.E. which is actually once every 2 or 3 months lang. You think Eon will be good in the highways? Sabi mo kasi the Alto would be risky kung sa expressway. Pa-advise naman.

And regarding financing, you're right, I'm better off paying high DP, so I guess the SA will have to wait, I might got Bank Hopping to get the best rate.

The Alto 800, I'm actually curious about this car, ano po specs nung 388k? puro deluxe yung nakikita ko sa internet e, which is 438k - same na ng price tag ni eon