Planning to Buy Used Car, Installment Basis, Limited Budget

**Andy Ungria** · July 8th, 2014 11:15 AM

Hi Guys, it's my first time here in Tsikot.com.

I'm planning to get a car para di na ako magcommute. It's taking me 1.5hrs to 2.5hrs commuting on my way to work, pero if I'll drive on a private vehicle, kaya sya ng 30mins.

Here's the situation, kaya ko magprovide ng up to Php50K budget as downpayment and planning to pay the remaining balance in installment for 2-3yrs terms.

Hatchback or sedans is OK with me.
Budget ko for the car is 100K-150K.

Any tips?
Ok ba yung mga 1995 models up?
Or should I start with models 2000-up?
I can commit paying 3-4K monthly for this.

Thank you guys in advance =)

**JonJon Villegas** · July 8th, 2014 11:51 AM

Baka po mas malaki pa magiging maintenance mo sa budget mo for monthly. Sakit sa ulo yan lalo.

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**Andy Ungria** · July 8th, 2014 11:57 AM

Yun lang. Cons din talaga maintenance.
Anyone here na may experience buying 2nd hand, cheap car?

**b0y37** · July 8th, 2014 01:09 PM

Masyado nang luma yung 1995 to 2000. Kung kaya 2005 and up. Naisama mo na ba sa computation mo yung gasoline expenses? and of course, may mga kelangang repairs na rin yan. Given your budget, naconsider nyo na ba na magmotor?

**lowslowbenz** · July 8th, 2014 01:24 PM

If you know how to swing a wrench or turn a screw driver, then you can buy the cheapest (but decent) car that you can find and maintain it yourself. Tiyaga-tiyaga lang, until you get to the point where you can afford to purchase a "newer" car.

But if not, I would suggest you save up more and buy the cheapest brand new vehicle out there.

**Andy Ungria** · July 8th, 2014 03:21 PM

Originally Posted by lowslowbenz

If you know how to swing a wrench or turn a screw driver, then you can buy the cheapest (but decent) car that you can find and maintain it yourself. Tiyaga-tiyaga lang, until you get to the point where you can afford to purchase a "newer" car.

But if not, I would suggest you save up more and buy the cheapest brand new vehicle out there.

wala pa ako actually experience but my tatay could really help since matagal na syang nagda drive.

**uls** · July 8th, 2014 03:26 PM

corolla ae101 nasa budget niya

mura naman ang piesa nyan

**Andy Ungria** · July 8th, 2014 03:20 PM

Originally Posted by b0y37

Masyado nang luma yung 1995 to 2000. Kung kaya 2005 and up. Naisama mo na ba sa computation mo yung gasoline expenses? and of course, may mga kelangang repairs na rin yan. Given your budget, naconsider nyo na ba na magmotor?

May nakita na rin ako models 2004 and up. Nasa php150k-200k naman.
Sinama ko na yung gastos sa gas since yung expenses ko sa pamasahe eh mapupunta talaga dun.

**Walter** · July 8th, 2014 01:29 PM

There's more to owning a car than just the monthly installment. You need to factor in fuel costs, repair costs, parking, registration, insurance, etc.

**leonleon** · July 8th, 2014 02:04 PM

Yung pinaka luma kong sasakyan, average cost of maintenance + insurance + registration + miscellaneous (detailing, wash, atbp). is around 40,000.00 per year pa rin, more or less. Wala pa diyan fuel costs & parking expenses. So do factor that in also when buying a 2nd hand vehicle, and see if you can afford the TOTAL monthly cost of ownership.