Should I get a loan?

[arisadela]

Meron akong 100k cash and i am looking for a car worth 180-200k. should i get a loan para mas ok na car ang mabili ko? ayaw ko muna mag brand new. also first time ko bibili ng car kaya gusto ko medyo disente naman first car ko.

thanks in advance sa mga inputs nyo

[L1quid]

Meron ka na half ng target mo, onting tiis nalang yan maiipon mo na yan, saglit lang yan.


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[Gecko Guy]

Buy in cash, huwag magmadali
kawawa ka sa financing pag nagkataon.

[99moves]

Meron akong 100k cash and i am looking for a car worth 180-200k. should i get a loan para mas ok na car ang mabili ko? ayaw ko muna mag brand new. also first time ko bibili ng car kaya gusto ko medyo disente naman first car ko.

thanks in advance sa mga inputs nyo

this is the same thing i did when i bought my first car. 200k cash ko and got a loan for 80k. bought the car for 250k, the rest was for emergency repairs.

at that time though i was quite confident that i could handle the monthly amort, around 4k+ for 24 months. actually kaya ko nga kumuha ng brand new noon pero ikakasal kasi ako kaya nag 2nd hand na lang ako.

kung hindi ka nagmamadali, mas ok talaga ipunin na lang para wala na bayarin monthly. pero kung sabik na magkakotse at kaya mo naman bayaran yung monthly, why not?

[sirLancelot]

Ipon muna sir. Konting tiis nalang yan.

[1D4LV]

if you really do not want to get a brand new one, ipon lang as the others said.
having a second hand car can exhaust your resources.... on the maintenance and repairs part.
if your target is around 200k, then you might as well save up to 250-275k first.

[_Cathy_]

No. It doesn't make sense for me to loan a second hand car.

[dr. d]

getting a loan to buy a used car, is like burning your candle at both ends. eventually, masusunog daliri mo.
gumagastos ka na to repay the loan, gumagastos ka pa to fix up the used car.

but if you really want to get a car, then buy one that costs 100K. 90s cars... corolla.. sentra.. lancer.. it takes but patience, and a bit of luck. and most of all... don't rush!

[slapz]

huwag na magloan, hiram nalang sa parents, wala pa interest. :D

[kurochan_24]

Pasensya na po kung nanghijack ng thread, kung kukuha naman po ng loan ng brand new, maliban po ba sa actual downpayment, me iba pa akong babayaran? Alam ko me tinatawag pa silang chattel mortgage at syempre yung rehistro at insurance.

Yung po bang, for example na sinabing "P50k downpayment" eh aabutin po ba halos ng P90k dahil sa ibang bayarin?