Brand New Car - Loan, < 5 yrs old - loan or > 5 yrs old - Cash

[_Cathy_]

I am really hesitant about getting a loan 'coz I don't like having debt. Pero naisip ko lang kasi it will take me more than 5 years to save up for a brand new car and by the time I have the money baka abutan na ng overhaul yung corolla ko or namulubi na ko papagawa. Dami ko kasi kilala who recently got their car on loan and we have more or less the same salary. Kaya lang sila malakas loob.

tidus1203, 1st gen zz ba yung after ng love life?
civic es yung after ng civic na pareho sa sir body?

[tidus1203]

Yes ZZ is the one after Lovelife and when the Altis suffix became permanent. Dati kasi Corolla lang tawag duon tapos nilagay yung Altis in the later stage of the Lovelife's cycle.

Civic ES is after the EK which the SiR body belongs too. Its the Civic before the FD (the current one) but after the EK (SiR).

[alwayz_yummy]

lovelife is 1998-2001, pag GLi- 4a-fe(same as with the bigbody), pag SE-G altis-7A-FE 1.8L efi (only in matic), pag XL(base-power-less) XE(mid-w/power steering, "limited" may all-power), up to 250T kaya..

ung rolla na 1zz 1.6 un ang newer 2002-2007 altis.. medyo malakas sa gas than the lovelife nga because power-weight is not that balanced..its a good choice.

another options are: ford focus 1.8GHIA --the 1st batch.. mura na yun.

last batches of the ford LYNX 1.6 GIHA.

mga lancer MX--1.6L na may CVT or kung makakaswerte ka, the limited 1.8L cvt, kasma na ang pioneer DVD-radio stereo w/ 7"LCD sa standard package

nissan sentra granduer GS ung 2001 models check mo lang maigi mga electronics..dun daw may gliches sometimes...ung newer body na GS 1.6L at 180GT, pasok din sa budget mo

mazda 3s pasok din sa budget..pero as with the altis, heavy body, labored engine..medyo matakaw.

the 1.3 nissan verita..ok din classy look, 1.3L matic pa.

another irradical choice--hyundai matrix CRDi

may mga honda jazz/city na pasok din sa budget.. pero check mo kung may CVT problems

civics.. get the ES body, 1.6L... medyo matakaw lang kasi sa gas ung 2.0.

eto lang din kung di ka masyado inclined sa used, want a daily transporter na pasok sa 500T mo-- get an ALTO deluxe--may Electric power steering na, front power windows..800cc engine ok na ok na for your daily use..400-someting lang, bnew pa..

practical lang ako tao. at di ako mayaman, kaya financing is not a good option for me. di ko kaya magbayad ng interest!

[shadow]

go out on date and get a BF, para hatid sundo ka na sa office mo....hehehe

[alwayz_yummy]

shadow - yan ang pinakamaganda nasuggest mo kay cathy..

maintenance free halos..

[kenzie]

go out on date and get a BF, para hatid sundo ka na sa office mo....hehehe

hehehe mahirap cguro mangyari yun sobra ata conservative si CFY di pa ready sa mga BF BF situations....tama ba CFY?

[Gen. Miting]

mag-loan ka na lang cathy. yun kaibigan ko neophyte lawyer sa isang maliit na lawfirm. ngaun naka bagong corolla altis along with his fellow neophyte sa lawfirm nila. imagine wala pa silang 2 years sa work

gagayahin kasi ng Pilipinas yun subprime crisis sa America. papautangin ng papautangin lahat. ang maganda sa pinoy talagang loyal magbayad ng utang. so hindi mangyari yun nangyari sa america pero hindi strict ang loans.

mas the best na nga, and we'll finally get rid of those substandard PUV's on the road.

ako last June, nag-loan ng tig 550K na printing machine equipment. no collateral yan ha ginamit ko lang credentials ko na wala ako tinakbuhan utang in the past. ngaun 3 months to go, akin na makina. yun pinambayad ko sa machine, kinikita ko buwan-buwan sa machine itself.

ganun din sa tsikot. if you use it to help you make money (like for example, work salary or business or self-employed), take that opportunity.

[alwayz_yummy]

kapag if you use it to help or as a business..ok lang mag-loan.

pero kung personal na, hehehe... cash po.

me-- as much a possible, be it for business or personal, if i could buy it cash, i'll buy it.

[_Cathy_]

Thanks for all the info. Toyota fan kasi ako kaya gusto ko talaga yung altis zz. Siguro mga 2002 lang kasi 300k lang talaga ibibigay ng Mommy ko. Iniisip ko kung magdagdag ako ng 100k para maging 400k budget ko. What do you guys think?

Kung may pera lang ako pang brand new, kahit Toyota fan ako, mas maganda yung FD na civic. hehehe. kasi yung latest na corolla kamukha pa rin nung zz e.

Gen Miting, baka naman malaki sweldo ng lawyer friends mo. Pero the reason why I thought of making a loan is because I know several people with roughly the same salary as mine, some slightly lower but they all drive brand new cars on loan. Wala pa kasi akong kahit anong big purchase kasi mahina lang talaga loob ko. Kasi diba ang bahay usually nilo loan din? E naisip ko if I get a car loan parang I could teach myself to be more responsible na rin with money.

Meron ba sa inyo na nag loan ng brand new car?

[tidus1203]

Cathy IMO you are one step above your friends. By not forcing the issue on buying a new car when your finances are limited you are already more financially mature than your friends who you claim have the same or lower salary than you but still forced the issue and be a slave of their paycheck and their company... Being in debt is NOT A GOOD THING. Wag kang gumaya sa kanila, kung di kaya wag pilitin...