Need help about buying bnew cars

[Most_Wanted]

I'm totally newbie bout buying cars(since I've been parasite to my mom este palamunin dahil g-graduate p lang ako tom ) Need your patience on this one.
I'm planning to ask my mom to buy me honda '06 as my grad gift...I tried before (2 years ago) and she demanded me to do everything (from selling my old car to buying a new car) or at least know everything i need to do in buying a car (parang gusto nya bayad n lang sya and para matuto daw ako).So tinamad ako and sakto nawalan ako ng gana because I'm planning to work sa US. Pero ngayon nagbago isip ko, ayaw ko na mag US hanggat wala akong working experience d2. Anyway, (1)pano ba pag financing? Ang alam ko kasi magaapply ka sa bank for a loan..or sa dealer ka rin maglo-loan?Which is better?May nakita kasi akong calculator http://www.hondaphil.com/caremittance_calc.php <<eto na ba talaga yun? Ok na rin sana yung offers dyan, pero mas ok kung mas mura monthly amortization kasi balak ko makishare or sagutin minsan ung MA (kahiya kasi lalo na ngayon grad na ko).(2) For those who recently bought a bnew car, kano ba Comp Insurance? (3) Is this true, honda cars are expensive to maintain?Kasi i believe mahal lang ang honda parts, pero tumatagal naman dba?(Need your opinion on this).(4)About sa fuel economy ng 1.8L i-vtec, do u think sa city driving matipid pa rin sya?Ano estimated or tested nyong km/L?Pero kung 7-8km/L ito, prang ayoko na! Ako na madalas magbbyad ng gas nito e.(5)I read may waiting list sa civic 06..gano ktgal?I hope not more than 2 months..Pagka ala Fortuner yan, haay mag jazz or altis n lang ako..M3 dream n lang..swerte daw kasi kung mapa 7 km/L mo ung 1.6L nila accdg sa teamrage boards.
I hope ma tulungan nyo ko..kung meron pa akong dapat malaman kindly tell me, dapat kasi handa ako sa mom ko bago ko sya kausapin

[driven]

in case of financing, ideally mas ok kung sa banko ka mismo mag aapply rather than sa kasa... anyways, il give you a reference, last time we apply for a 1-year financing, ang nakuha naming rate is 5%, but later i heard may ibang bank na nag ooffer ng around 4.9%, so if more or less you can get interest rate approximately near those i mentioned, siguro pwede mo na kagatin.

when it comes to maintenance, mga new honda cars kasi ang program nila is once every 10,000 kms, ang medyo madugo dito is they usually recommend the synthetic oil which is quite expensive din, so ang one-time down mo ng money is big also.

well, if you really prefer a honda, na at the same time fuel efficient, jazz ka na lang siguro.

[oldblue]

like your job experience, just let your mom buy the civic and experience it. honda naman yan. and then the learning follows. i doubt kung ma-aaprove ka sa financing on your own kasi sabi mo nga wala ka pa employment experiecne.

[wrcastro_ph]

kapag brand new naman eh .. wala ka naman halos gastos sa maintenance. panay regular change oil lang yan. civic 06 na lang bilin mo para astig.

[Most_Wanted]

no,its not going to be me who'll be applying for the loan, of course its my mom..kaya ko lang kailangan malaman to is because ayaw niya na sya pa magaasikaso,dapat daw matuto na ako. Kumbaga, dagdag lang sa ginagwa nya, she's very busy kasi. Actually alam nya nman tong mga financing, pero ayaw ko lang na magtanong sa kanya, para pag nagusap kami, hindi nya na ako masyadong tuturuan..

malaman ko lang na at least 10km/L ok na sakin..kasi etong oto ko ngayon lumalaklak ng gas, kadalasan 5 km/L

thanks sa replies, nos. 2,4 & 5 na lang

[bajumbo]

2. Range ng Comp Insurance Inhouse... sa City 06 kc nasa P26k kung sa Civic 2k6 malamang nasa above P30k yan. City 06 = 641k insurance = 26k Civic 2k6 767k insurance = 31k plus approx.
4. FC sabi nila it can act like a 1.5 and 1.8 will take over when needed... But its still a 1.8L engine. Kung ung 1.6 about 9km/l so mas mababa ito bka 7 to 8 nga. consider mo din ung dadaanan mo kung matrapik ba o hindi.
5. Cguro may waiting list nga. tanong mo na lang sa different branches.

Jazz may lalabas na bagong facelifted... di ko lang sure kelan kc almost 3 years na ung model so lapit na mapalitan. Maybe this year, maybe next year.

[Most_Wanted]

^ yun bang 31k+ is the insurance fee every year?
ang baba ata nung km/L na yun, kasi from what i read in different forums including this one, may nakagawa na ng 15km/L (highway) sa civic06 tska mas matipid daw talaga sa gas ang civic 06 sa mazda 3 1.6L. Kung matipid lang mazda 3 un n lang papabili ko. Di ko kasi ata kaya gas consumption nya considering mag start pa lang ako mag work (entry level=low salary).

Jazz is nice too, but i think if i drive the jazz and meet a civic 06 along the road, magsisisi lang ako. Plus, if i do not buy now and wait for the facelifted jazz, malabo nang bibilihan ako ng mom ko..baka pera ko na gamitin!heh sayang!

OT:
kwento ko lang bout sa pagsabi ko sa mom ko na gs2 ko nung new civic 06. Good news, ok sa kanya (wag lang malaman ni ate ang balak namin habang nilalakad ko to dahil kokontra nanaman yun!)..pero as expected, sabi nya dapat daw ako na ang umalam ng lahat ng gagawin and relay ko n lang sa kanya because its about time na daw to learn something sa "professional life". hehe, ok lang, kaso i don't know where to start! basta tom i'll call our bank..wag lang sana ako pagtawanan..next is call the nearest honda branch..after that, i have no idea..o may kulang pa?

[bajumbo]

ung 31k+ bumababa every year depende sa price na itatalaga nung insurance.
ung nakita mong 15km/l baka 60kph cya at straight highway walang kasama mga sasakyan. check mo ung mga dadaanan mo kc kung matrapik mababa ung makukuha mo pero kung paglabas mo e expressway agad tataas un. 15km/l pang 1.5 or 1.3 un ako nga 1.3 na City 06 hanggang 18 pa lang nakukuha ko mixed highway and gruelling EDSA daan ko.

mas maganda FC ng Civic kaysa M3. tsaka from what I heard mas maganda humatak Civic. Mas mabigat ata kc ung M3 para sa makina nya.

OT: heh so dapat under radar ka pala para di malaman ni sis... tip... gawa ka ng kasulatan tapos papirmahin mo nanay mo tapos pa notaryo mo hehe.

[stormrider]

1. Financing - Go for bank loan. Avoid in-house financing of car dealer, unless its 0% interest. BPI's website shows the prevailing loan rates for your reference. I suggest you compare between 2-3 banks (maybe your mom can help identify which banks).

2. Insurance - The higher the price of the vehicle, the higher the value of the premium. You mentioned you were going for a Honda. I believe Honda Kalookan's in-house insurance (Malayan) is very competitive.

3. Honda maintenance - Hondas are no more expensive to maintain as Toyotas.

4. 1.8-liter i-VTEC engine - Honda claims its got the punch of a 2-liter and the thriftness of a 1.6-liter. That's their claim. At the end of the day, even if you drive around in a 1.3-liter i-DSI Jazz with a heavy foot, the engine's fuel efficient technology is usless.

5. Civic wait list - I believe the wait list is for the 1.8 "S" variants (4-8 weeks, depending on which dealer). The base 1.8 "V" variant looks ok, as with the 2-liter variants.

I suggest you first settle the budget before going further. Then look at bank websites to see how their financing works out.

[Most_Wanted]

Nagpunta na ako sa honda manila branch, ang freebies lang daw nila is the floormats and seatcover. Sabi pa naman sa website "(1) Free 3 years LTO registration; (2) Free Honda Paint Protector Hydrophilic Coat to maintain the brand new look of your Honda; (3) Free seat cover, tint, floor mat; and other free items". Kasi daw bagong labas pa lang yung oto, kaya wala pa freebies masyado. Yung tint ad-on lang daw yun. I already called BPI, pero wala pa ako nakausap. Dun sa recorded message, mahal yung auto loan nila compared sa in-house financing ng honda. 2400/month for every 100k loan in a 60 mos term, 2808.00/month for every 100k loan in a 48 mos term and 3481.00/mo for every 100k loan in a 36 mos term.Baka di lang updated...

OT: tama nga yung nabasa ko ditong guidelines sa pagbili ng kotse, di nga masyadong accommodating yung agents and wala pa masyadong freebies (or bka dun lang sa agent na YUN!). And bout sa waiting list...mas maikli sa M/T variants, mga 1 month daw pagka A/T 1-2 months.

Meron ba kayong alam na good honda branch na malapit lang sa manila?

EDIT: ako pala ang mali, pang OFW lang ung promo. Sa FAQs lang pala makikita yung qualification.

[MAXBUWAYA]

salesman can be pain. Dont trust them so much. pay directly at the cashier
Do your own research. Ask people who really owns the product and not believeing in some mtoring journalist who test the drive the car for a day
and was given with a weekend vacation by the car company.
Motoring jounalist in this country are like brochure readers.

[bajumbo]

O bili ka na ng Civic... woot woot.

[kimpOy]

alam ko AMA bank ang pinaka mababa ngayon...

hintayin mo na rin kapag ng BPI MADNESS on cars

[Most_Wanted]

Nagpnta na ako sa honda manila and honda QC, better sa QC. Same offers pero binigay na lahat ng computations sakin pati chattel and insurance fee. Comprehensive Insurance is 26k lang.
Sadly, mukhang matatagalan pa pagbili ko. Its because yung cousin ko na naghanda for 2 years for his kidney transplant operation ay na-stroke a day before his kidney transplant! Dahil sa 2 years na pag ddialysis nya (twice a week) + tons of medications eh medyo naubos pera nila(3 days pa lang sya nakaconfine 100k+ na yuing bill)..so malamang kami tutulong. All of this happened because of the hospital's negligence!!! Biro nyo 2 years nagpapadialysis cousin ko and di nya pinabayaan yun, nung naka check-in na sa hospital, dun pa nadelay yung dialysis nya ng 10 hrs plus he can't undergo hemodialysis if high-blood sya, pero dahil di ata chineck ang blood pressure and tinuloy ang hemodialysis, ayun semi-coma na with 100+cc of blood inside the brain! Sorry, I know OT na to pero gusto ko lang ilabas ang galit ko and para magrequest na rin sa inyo...
Anyway, please pray for him...he was not prepared for this. We believe he thinks he already got a new kidney and just recovering. His name is Hernani Cheung, please include him in your prayers (not for a quick recovery, because he is hopeless, but for a happy death and forgiveness of his sins). Thankyou

ps.
Sorry talaga mods, we just need more prayers..

[MAXBUWAYA]

Nagpnta na ako sa honda manila and honda QC, better sa QC. Same offers pero binigay na lahat ng computations sakin pati chattel and insurance fee. Comprehensive Insurance is 26k lang.
Sadly, mukhang matatagalan pa pagbili ko. Its because yung cousin ko na naghanda for 2 years for his kidney transplant operation ay na-stroke a day before his kidney transplant! Dahil sa 2 years na pag ddialysis nya (twice a week) + tons of medications eh medyo naubos pera nila(3 days pa lang sya nakaconfine 100k+ na yuing bill)..so malamang kami tutulong. All of this happened because of the hospital's negligence!!! Biro nyo 2 years nagpapadialysis cousin ko and di nya pinabayaan yun, nung naka check-in na sa hospital, dun pa nadelay yung dialysis nya ng 10 hrs plus he can't undergo hemodialysis if high-blood sya, pero dahil di ata chineck ang blood pressure and tinuloy ang hemodialysis, ayun semi-coma na with 100+cc of blood inside the brain! Sorry, I know OT na to pero gusto ko lang ilabas ang galit ko and para magrequest na rin sa inyo...
Anyway, please pray for him...he was not prepared for this. We believe he thinks he already got a new kidney and just recovering. His name is Hernani Cheung, please include him in your prayers (not for a quick recovery, because he is hopeless, but for a happy death and forgiveness of his sins). Thankyou

ps.
Sorry talaga mods, we just need more prayers..

hospitals... tsk tsk tsk

Anyway you might wanna consider a second hand unit. madali naman magbenta if ever you decide to get a brand new one

[OTEP]

OT: Mas madali 'laruin' and mga 2nd hand units. And you can sell them for the same [or even slightly higher] than the price you bought it with. Example, kukuha dapat ng W123 na Mercedes Benz utol ni commander. SRP Php135k. May libre pang extra set of bumpers and minor body repairs courtesy of the doctor that owned the unit. So I asked the Benz expert [that would be my dad] if good buy na yung unit (kasi napansin ko minsan parang sliding yung a/t and may konting aayusin pa. Sabi niya sakin, 'just buy the car, if hindi nagustuhan benta niyo na lang ng Php150k then sell the free parts.' Too bad nagka-problema sa coop loan that time utol ni commander. As for the Benz, the doctor sold it for Php150k!

Brand new, mas maganda nga ang rates sa bangko lalo na kung sa bangko na may kilala ka. Baka maka-'special rates' ka pa. Just say how much yung downpayment mo and how many months you want to pay. Bahala na sila magcompute tapos pakita nila quotation sa iyo. For a Kia Picanto, the total initial cash out was around Php 125k yata. Then less than Php10k/month ang monthly for 4 years.

If you used the down money to purchase an older vehicle, hindi pa din naman aabot ng Php10k/month ang babayaran mo in repairs and maintenance, debt free ka pa!

Huwag ka na umasa ng freebies sa new models. Slow sellers and models at the end of their product cycles are usually the best deal (at least you still get a brand new unit). The Mazda MPV and Mazda Miata were such slow sellers back then, Columbian just bundled them together ala buy 1 take 1. hehehe.

[Most_Wanted]

Last week I was eyeing on 2nd hand cars, but I realized mas hindi masakit sa bulsa kapag bnew..maliit lang naman ilalabas na pera for dp and the monthly ammortization is very very affordable in the 48 and 60 months term. Sir Otep, anong banko ang na try mong mas ok yung rates? I tried BPI and Metrobank(online calculator), mas mataas rates nila compared to the in-house financing ng honda...
OT:
My cousin died 5 pm yesterday...The sad part is, we were still not yet given an explanation of what caused his ultra high blood pressure that caused the stroke and cost him his life considering after 2 years of long wait, he finally became 100% physically fit to undergo a kidney transplant.

[aceshark]

OT:
My cousin died 5 pm yesterday...The sad part is, we were still not yet given an explanation of what caused his ultra high blood pressure that caused the stroke and cost him his life considering after 2 years of long wait, he finally became 100% physically fit to undergo a kidney transplant.

sad to hear bro... condolence...

[OTEP]

BPI sa A.Mabini, Caloocan ang nag-finance.