Ang daming ford everest na repossessed

[RandMcnally]

Marami talaga nagogoyo sa low DP. Even some of my colleagues na medyo bata bata pa. Sa kagustuhan magkakotse, gagawa ng rason bakit kailangan nila ng kotse at all cost. Tapos kapag bayaran na ng monthly, makikita mo di rin nila magamit yung kotse kasi mas mura magcommute kaysa magdala at magbayad ng parking. Ang taas kasi ng monthly nila tapos ubos rin pera

That is why I always tell my younger colleagues not to be enticed with low DP.

[ronw123w124]

Marami talaga nagogoyo sa low DP. Even some of my colleagues na medyo bata bata pa. Sa kagustuhan magkakotse, gagawa ng rason bakit kailangan nila ng kotse at all cost. Tapos kapag bayaran na ng monthly, makikita mo di rin nila magamit yung kotse kasi mas mura magcommute kaysa magdala at magbayad ng parking. Ang taas kasi ng monthly nila tapos ubos rin pera

That is why I always tell my younger colleagues not to be enticed with low DP.

Sa Akin lang, kung talagang kailangan mo ng sasakyan pero gipit talaga sa budget, bumili ka na lang ng 2nd hand na pasok sa budget, at least bayaran mo ng isang bagsak tapos wala ka nang iisiping utang na babayaran.

[shadow]

Sa Akin lang, kung talagang kailangan mo ng sasakyan pero gipit talaga sa budget, bumili ka na lang ng 2nd hand na pasok sa budget, at least bayaran mo ng isang bagsak tapos wala ka nang iisiping utang na babayaran.

Ano poor? [emoji23]

[_Cathy_]

Sa Akin lang, kung talagang kailangan mo ng sasakyan pero gipit talaga sa budget, bumili ka na lang ng 2nd hand na pasok sa budget, at least bayaran mo ng isang bagsak tapos wala ka nang iisiping utang na babayaran.

Bilib talaga ako sa malakas ang loob mag loan, lalo na yung 20% down. I really want an SUV but I was only given 1M max budget by my family for my car. I would have to pay for the difference if I wanted a more expensive car so that meant I had to loan at least 300k if I wanted an SUV. I opted for a sedan, at least I have no debt to worry about. Minsan pag umuulan or pag may dinadaanan ako na baha, iniisip ko sana I loaned the 300k na lang. Pero pag naiisip ko na yung interest and monthly, I don't feel so bad anymore.

[bloowolf]

Bilib talaga ako sa malakas ang loob mag loan, lalo na yung 20% down. I really want an SUV but I was only given 1M max budget by my family for my car. I would have to pay for the difference if I wanted a more expensive car so that meant I had to loan at least 300k if I wanted an SUV. I opted for a sedan, at least I have no debt to worry about. Minsan pag umuulan or pag may dinadaanan ako na baha, iniisip ko sana I loaned the 300k na lang. Pero pag naiisip ko na yung interest and monthly, I don't feel so bad anymore.

Where I work, some people change their rides every 2 years. I was thinking, ang dami naman pera nitong mga ito. Yung pala, they have the car financed & when the time comes that they sell it, buyer just pays them the down payment they paid for the car & assumes the balance.

[yebo]

Every 4 years in my case. Yung pinagbilihan ko ng car yun din ang down payment ko sa next car. So if I sell the car at 50-60% of its brand new price yun din ang down payment ko sa replacement nya. Halos parehas din kasi kung tutuusin, mabilis na ang depreciation after the first 3 years and you will lose almost the same amount of money (adjusted to inflation) if you keep the car as against buying a new one and paying amortization on it. The argument against this is of course is if you don't buy a new one then you can always save the money instead in the bank. But then as I said you lose later when you sell that car for only 20% of its original value. Since I meet my savings goal naman then I just allow myself this luxury of having a new car every 4 years.

The only time I put a 20% down is if it is a totally new purchase, like dati 2 cars lang nagdagdag ako ng isa. But now I am going to sell 2 and get 1, minimal money out na ko sa replacement car.

[shadow]

Bilib talaga ako sa malakas ang loob mag loan, lalo na yung 20% down. I really want an SUV but I was only given 1M max budget by my family for my car. I would have to pay for the difference if I wanted a more expensive car so that meant I had to loan at least 300k if I wanted an SUV. I opted for a sedan, at least I have no debt to worry about. Minsan pag umuulan or pag may dinadaanan ako na baha, iniisip ko sana I loaned the 300k na lang. Pero pag naiisip ko na yung interest and monthly, I don't feel so bad anymore.

You should've took it. 300k for a 2-3 year loan is nothing.

[Battlestar]

Marami talaga nagogoyo sa low DP. Even some of my colleagues na medyo bata bata pa. Sa kagustuhan magkakotse, gagawa ng rason bakit kailangan nila ng kotse at all cost. Tapos kapag bayaran na ng monthly, makikita mo di rin nila magamit yung kotse kasi mas mura magcommute kaysa magdala at magbayad ng parking. Ang taas kasi ng monthly nila tapos ubos rin pera

That is why I always tell my younger colleagues not to be enticed with low DP.

Tapos pag nakita mo pag nag lunch skyflakes na lang kinakain tapos pati yosi nila hinihinge pa.

[EQAddict]

Tapos pag nakita mo pag nag lunch skyflakes na lang kinakain tapos pati yosi nila hinihinge pa.

ganun ako when i was younger hehe. learned my lesson the hard way. at that time interest rates were 15% or more a year. guilty rin ako.

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Tapos pag nakita mo pag nag lunch skyflakes na lang kinakain tapos pati yosi nila hinihinge pa.

ganun ako when i was younger hehe. learned my lesson the hard way. at that time interest rates were 15% or more a year. guilty rin ako.

[dr. d]

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Tapos pag nakita mo pag nag lunch skyflakes na lang kinakain tapos pati yosi nila hinihinge pa.

well, i was warned.
so i settled for a used car.
but that car was a headache.., even as it did cost cheaper than a new car, considering the fixin's i spent on..
i should have gotten the VW instead.. at least that one, we could DIY..
oh well...

[XTO]

Tapos pag nakita mo pag nag lunch skyflakes na lang kinakain tapos pati yosi nila hinihinge pa.

Really? Akala ko sa motorcycle forum lang meron ganyan. Peace Di naman makatulog kung ano sunod na i-mod...

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Tapos pag nakita mo pag nag lunch skyflakes na lang kinakain tapos pati yosi nila hinihinge pa.

Really? Akala ko sa motorcycle forum lang meron ganyan. Peace Di naman makatulog kung ano sunod na i-mod...

[ninjababez]

Tapos pag nakita mo pag nag lunch skyflakes na lang kinakain tapos pati yosi nila hinihinge pa.

yung officemate ko bumili 2nd hand jazz thru AMA bank (IIRC)
sobrang taas daw interest, dapat daw brandnew nalang
2 years daw sya nag skyflakes, pero never naman namburaot ng yosi kasi bisyo daw yun

[Battlestar]

yung officemate ko bumili 2nd hand jazz thru AMA bank (IIRC)
sobrang taas daw interest, dapat daw brandnew nalang
2 years daw sya nag skyflakes, pero never naman namburaot ng yosi kasi bisyo daw yun

Either way bro not a good practice. Pano na kung pamilyado ka? SkyFlakes kayong magpamilya ng 2 taon?

Buti na lang lumaki ako sa mahirap, late 20's nagkaron' ng sariling sasakyan at maaga nag pamember ng tsikot.

I've got all my tips and tricks here how to loan a car, haggle up to detailing

On Topic: Dahil sa tumatanda na rin ako, parang gusto ko na rin kumuha ng 2nd hand na Everest as back-up car.
Mas pabor saken ang pagkababa ng resale value ng Ford kase wala naman ako balak ibenta na. Di ba dun lang sa Libis C5 nakatambak yung mga repossessed cars ng PSBank?

[dr. d]

the wise man will look for a house first, before he looks for a car.
if he is lucky (luck: what happens when preparation and foresight, meet opportunity), he won't need a car.

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the wise man will look for a house first, before he looks for a car.
if he is lucky (luck: what happens when preparation and foresight, meet opportunity), he won't need a car.

[Kestana]

the wise man will look for a house first, before he looks for a car.
if he is lucky (luck: what happens when preparation and foresight, meet opportunity), he won't need a car.

A piece of land trumps a car purchase any day as land appreciates. Kahit hulugan mo yan, it appreciates and come time to sell it after a few years, the amount appreciated would normally be more than the amount used to purchase it in the first place especially if the piece of land you bought is in a high growth area. It's an investment. An investment is something that generates money over time. A car purchase on the other hand is not and will never be an investment, unless used for business.

Say Mr. A and Mr. B both mortgaged a car. Can you say Mr. A with a Vios, with his own home small as it may be, is better off than Mr. B with a Fortuner, but without his own home and simply renting? If an emergency strikes both Mr. A and Mr. B, you can be damn well sure Mr. B will be the one crying himself to sleep each night when he has to decide whether to default on his Fortuner payments or to quit renting. Worst case scenario: bye bye Fortuner and bye bye roof. Kaya mo ba tumira sa kotse? This is why don't get people who buy big cars first before buying their own home. Marami kasi ganyan na katulad ni Mr. B. Mr. A on the other hand will have more breathing room on his Vios, being less expensive. Worst case scenario, if he does default on his Vios payments, he still has a roof on top of his head. A roof on top of your head is a basic need. A car is not.

[maki mi]

Swertihan din Paps, like kung ang nabili mo ay agri land at binuy out ka ng malaking developer siguro, or kung nakabili ka ng mga tipong Ayala developments in the 80s. May subd lot ako bought eons ago na maski maibenta ko sa fair market value ay talo pa ako sa cost of money. Yung tinitirhan ko ngayon ganun din, not much appreciation, mahal pa ng amilyar. Pero yung kotse ko nung nagre rent pa lang ako ng apartment malaki naitulong sa amin mag-asawa na both working, to the point na instrumental sya to our financial growth. Yun nga lang beterano ako ng 3 used cars bago naka afford mag brand new.

A piece of land trumps a car purchase any day as land appreciates. Kahit hulugan mo yan, it appreciates and come time to sell it after a few years, the amount appreciated would normally be more than the amount used to purchase it in the first place especially if the piece of land you bought is in a high growth area.

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Swertihan din Paps, like kung ang nabili mo ay agri land at binuy out ka ng malaking developer siguro, or kung nakabili ka ng mga tipong Ayala developments in the 80s. May subd lot ako bought eons ago na maski maibenta ko sa fair market value ay talo pa ako sa cost of money. Yung tinitirhan ko ngayon ganun din, not much appreciation, mahal pa ng amilyar. Pero yung kotse ko nung nagre rent pa lang ako ng apartment malaki naitulong sa amin mag-asawa na both working, to the point na instrumental sya to our financial growth. Yun nga lang beterano ako ng 3 used cars bago naka afford mag brand new.

A piece of land trumps a car purchase any day as land appreciates. Kahit hulugan mo yan, it appreciates and come time to sell it after a few years, the amount appreciated would normally be more than the amount used to purchase it in the first place especially if the piece of land you bought is in a high growth area.

[minicarph]

the wise man will look for a house first, before he looks for a car.
if he is lucky (luck: what happens when preparation and foresight, meet opportunity), he won't need a car.

- - - - - - - - - - - - - - - - - - - - - -

the wise man will look for a house first, before he looks for a car.
if he is lucky (luck: what happens when preparation and foresight, meet opportunity), he won't need a car.

Been there done that. There's no such thing as a wise investment in life., coz you're bound to protect your investment at the expense of yourself.

Ang maipapayo ko lang sa young people of this forum. Travel travel stick your neck sa travel and resist the urge of spending big expenses sa mga superficial things like suvs, condos, and other finer things ln life,

Travel will improve your mind and aura and it will prepare you for the unseen and in the always changing tastes and wants of the future. Observe cultures, feel life and enhance your senses in these things.

Dont follow those older people who have only bur material things to brag and happiness from. Tignan, nyo, try to ask them personally, makikita mga taong yan hindi pa din satisfied sa buhay nila, and they just resort to that addiction cycle of buying new things to justify their existence,

It's a good thing, im only 40 when I relazied this, others are 60 and 65 before they realize that their lives were just a cycle of buying possessions.

[minicarph]

yung officemate ko bumili 2nd hand jazz thru AMA bank (IIRC)
sobrang taas daw interest, dapat daw brandnew nalang
2 years daw sya nag skyflakes, pero never naman namburaot ng yosi kasi bisyo daw yun

That's good kasi may kasamang sacrifice, papayat siya and he will look good with the car, as the car will complement him

Problem nowadays is we see a lot of beefed up picks-ups, fj cruisers, suvs, tapos pag bumaba ang owner, ang laki-laki ng tyan with machine washed clothes na sobrang luwag at losyang.

halatang - halata na inuubos ang per sa sasakyan. Pero sa sarili tinitipid na lang sa pagkain.

[_Cathy_]

That's good kasi may kasamang sacrifice, papayat siya and he will look good with the car, as the car will complement him

Problem nowadays is we see a lot of beefed up picks-ups, fj cruisers, suvs, tapos pag bumaba ang owner, ang laki-laki ng tyan with machine washed clothes na sobrang luwag at losyang.

halatang - halata na inuubos ang per sa sasakyan. Pero sa sarili tinitipid na lang sa pagkain.

wtf hahaha! This is what I tell everyone. Washing machine destroys clothes talaga. Nawawala sa form at nahuhulog kulay.