HYPOTHETICAL: Buy three 1-1.5M cars in 15 years (replace and buy one every 5 ...

[dcph172]

HYPOTHETICAL: Buy three 1-1.5M cars over 15 years (replace and buy one every 5 years) or buy one toyota landcruiser lc200 now and keep it for 15 years?

Like for example, i buy a brand new 2015 mu-x now then after 5 years i sell it to get a brand new 2020 fortuner or the like. Then after 5 years i sell the fortuner to get a 2025 forester.

Or is it also of sound logic that i get a brand new 2015 lc200 now then keep it for fifteen years?

Will it still have a "dating" 10 years from now than a brandnew 1.5m car? Will it still command more respect than a 2025-2030 fortuner/forester/ms/tb and the likes?

Circumstances:

Personal car. Daily driven(asphalt hi-way). Small family.

[dr. d]

i'd buy a new car every 5 years!
1. new car = new technology.
2. new car = 3 year warranty.
3. new car = truly worry-free driving for a few years.
4. think of how it will look good as a tax shelter!
5. respect? few 10 year old cars command as much respect as a new car. except for a few models, a 10 year old car is a... 10 year old car!

[_Cathy_]

New car every 5 years since this will be by daily driver for the same reason stated by dr d. It's such a treat to buy a new car

If it's an extra car, I'll get the LC200.

[jcal68]

Check ko kung maalala ko pa math ko.

Let's compare buying a P 3M car and keep for 15 years against buying a P 1M car and keeping for 5 years done thrice. Assume depreciation at 10% annually.

The value of the P 3M car in 15 years is 3,000,000 x 0.9^15 = P 617,673.39. I lose P 2,382,326.61.

The value of the P 1M car in 5 years is 1,000,000 x 0.9^5 = P 590,490. I lose P 409,510 every time. And equals P 1,228,530 when done thrice.

It seems that I lose less money if I buy cheaper cars but change every 5 years. Or mali math ko. . .hehe

[Challenger75]

That LC200 will still command presence but medyo alangan na gawin daily driver even if religiously maintained, it's still a 15 year old car. I'd go for the new car every 5 years, you can even extend that to 7-8 years and still be good. Money saved is money saved.

[dct]

New car din ako. Sarap pa ng feeling ng bagong sasakyan papalit palit. Wala pa ang gas, insurance, rehistro sa computation

[playplugg]

If everyday driving po ang usage, much better na mag-replace ng sasakyan every 5yrs, (due to maintenance/wear and tear ng mga parts/components)

which is more practical, pag daily usage kasi, mataas lagi ang wear and tear, and mas mataas na ang cost ng maintenance later pag umabot na sa higher mileage.

kung low mileage user, every 10yrs and above for replacement.

Kung LC200 and used for 15yrs, tatagal po ito, saka may dating pa rin, yun lang parang napaka-impractical na rin, kung everyday driving naman at yung wear and tear naman ng sasakyan pareho lang din (depende pa sa usage), since SUV, mas mataas ang cost of maintenance.

and yung value kasi ng sasakyan, every year laging depreciated.


Mas practically wise na po na bumili ng 1-1.5M na sasakyan, then yung sobrang budget, bili ng RFO na condo unit, or pre-selling na condo, then pa-upahan, at once na nagkaroon ng long term lease, kitang kabuhayan at additional budget na rin. pag nagsawa na, pwede ibenta. since ang condo. matagal naman mag-depreciate. habang bago, pagkakitaan na agad by means of rent.

[willyfernando]

You don't know what your preferences will be in 15 years. Your taste for car features and practical usage change as you age. Not much room for adjustment
compared to buying very 5 years.

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

You don't know what your preferences will be in 15 years. Your taste for car features and practical usage change as you age. Not much room for adjustment
compared to buying very 5 years.

[playplugg]

[QUOTE=willyfernando;2535440]You don't know what your preferences will be in 15 years. Your taste for car features and practical usage change as you age. Not much room for adjustment
compared to buying very 5 years.

Agree for that Sir willyfernando.

Big disadvantage po ng SUV, lalo na po sa mga senior citizen passenger, napakahirap ng situation nila pag isasakay at ibaba.

[gwapster]

Technology changes significantly in 5 years. Kahit pa premium SUV yan, low tech na agad in 5 years, pagsasawaan din agad.

[CVT]

Practicality and economics,- yes,- new car....



"The measure of a man is what he does with power" LJIOHF!

26.3K _/_/_/_/_/:piano:_/_/_/_/_/

[StockEngine]

if you can afford the lc200, why get the mu-x instead?

it goes back to the 1st premise. can you afford?

I would only get the lc200 if my networth is 10times the value of 1 lc200.

[shibby75]

Ill set this page as my homepage and hope the wife sees this.

Im currently convincing her to change cars every 5 yrs. :-)

[dr. d]

Check ko kung maalala ko pa math ko.

Let's compare buying a P 3M car and keep for 15 years against buying a P 1M car and keeping for 5 years done thrice. Assume depreciation at 10% annually.

The value of the P 3M car in 15 years is 3,000,000 x 0.9^15 = P 617,673.39. I lose P 2,382,326.61.

The value of the P 1M car in 5 years is 1,000,000 x 0.9^5 = P 590,490. I lose P 409,510 every time. And equals P 1,228,530 when done thrice.

It seems that I lose less money if I buy cheaper cars but change every 5 years. Or mali math ko. . .hehe

of course, the assumptions are:
1. them cars will still be in decently sellable condition after all those years, and
2. someone is actually willing to buy these old cars, at those prices.

[EQAddict]

Buy a LC200 and its successors every five years

[yebo]

yep, new car. 3 years warranty x 3 = 9 years of warranty, compared to only 3 years for the lc200. and remember the lc200 now is made in china. ok still japanese technology but then, china is china.

also, for the price of an lc200 at P4.9M, whether you buy cash or installment, the price difference between a P1.5M car is still P3.4M. if you invest that P3.4M instead then your next car is practically free. unless of course you're uber rich and don't care.

[Ry_Tower]

yep, new car. 3 years warranty x 3 = 9 years of warranty, compared to only 3 years for the lc200. and remember the lc200 now is made in china. ok still japanese technology but then, china is china.

also, for the price of an lc200 at P4.9M, whether you buy cash or installment, the price difference between a P1.5M car is still P3.4M. if you invest that P3.4M instead then your next car is practically free. unless of course you're uber rich and don't care.

The best reason for me. Halos free na nga yung next car mo due to investment of P3.4M.

BTW: get a Mazda CX5, youjin 3 free service ka pa. Grabe tipid! hehe

[Walter]

Buy a LC200 and its successors every five years

Large SUVs life cycle is usually 8-10 years.

[vinj]

Large SUVs life cycle is usually 8-10 years.

LC80 - 1991 to 1998
LC100 - 1998 to 2007
LC200 - 2007 to present

Isuzu Crosswind and Mitsu L300 FB - Forever.

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

Large SUVs life cycle is usually 8-10 years.

LC80 - 1991 to 1998
LC100 - 1998 to 2007
LC200 - 2007 to present

Isuzu Crosswind and Mitsu L300 FB - Forever.

[niky]

Owning a 4m car for 15 years means paying insurance for a 4m car for five years, for a 2m car for another five, and then for ??? for the last five.

Owning three 1.5m cars in succession saves you probably 20-40k in insurance per year for those first five years.

Also... diesel LC200? And you'll be using it often? If you put 15-20k kilometers a year on it, you will be holding onto the car until it's at 200k kilometers or more. Budget extra for fuel system repairs, just in case.

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

Owning a 4m car for 15 years means paying insurance for a 4m car for five years, for a 2m car for another five, and then for ??? for the last five.

Owning three 1.5m cars in succession saves you probably 20-40k in insurance per year for those first five years.

Also... diesel LC200? And you'll be using it often? If you put 15-20k kilometers a year on it, you will be holding onto the car until it's at 200k kilometers or more. Budget extra for fuel system repairs, just in case.