Daily driver

[jut703]

The original post never mentioned anything about buying a car because of expensive maintenance. I want a 3rd car primarily because the bimmer is getting beat up and the kms are piling because its being used evryday. As regards the suv, ever since its purchase, its part of the rotation has always been only 2x a week(even before the sale of the other american car). i think only a gas station owner or one who has wads of cash would think it practical to use a guzzler with FC of 4km/l to bring kids to and from school.. For the SAKE of buying a 3rd car!?! Huh? Nope. Im not noveau rich. Im asking about suggestions, alternatives and insights on the cars mentioned.. Misplaced.

I don't think you got my point. Even if you use your SUV as your school run car for the next 10 years, it's still cheaper than buying a new car altogether.

SUV that travels 10000 km per year at 4 km/L with gas at P45: P112,500 per year

Subcompact that travels 10000 km per year at 9 km/L: P50,000 per year

That's a savings of of 62,500 per year, but if you consider that buying a subcompact will cost you 750k, then that's 12 years before you even break even.

And I don't understand how you arrived at the thought that buying a 3rd car for the sake of a 3rd car is for the noveau riche only. There are benefits of having a 3rd car such as having a car to use in case the other 2 are unavailable, or if you have a kid that needs a car to himself while you or your wife will be using the other two. Drawback of course is the purchase cost and cost of maintaining a third car.