Keep your old car vs. buying a new car?

[shadow]

Sa akin simple lang, if u can afford it but a brand new car, if not and you still need a second car then second hand that your money can afford.

I don't believe in sentimental feelings towards cars or any things for that matter...

I don't care if it's my first car I bought with my own money or was given by someone special...thats all BS..

If I think I don't need it anymore then I'll sell it...buy a newer and hopefully better model.

Kahit palitan mo pa lahat Ang Isang old car hinde magiging brand new yan

[Ry_Tower]

Kahit palitan mo pa lahat Ang Isang old car hinde magiging brand new yan

Although if you do full restoration, its not a brand new car but it can match or even surpass the performance when initially bought.

Yun nga lang too expensive and as you say, may be better off buy a brand new one after selling the old one.

Unless collector. hehe

[shadow]

Although if you do full restoration, its not a brand new car but it can match or even surpass the performance when initially bought.

Yun nga lang too expensive and as you say, may be better off buy a brand new one after selling the old one.

Unless collector. hehe

Saka if it's worth naman na I restore. Kung mga 70s-80s Japanese car never mind...

[Boy Bastos]

I just had a same scenario...

Just parted ways with my Tucson(4x2MT) last Sunday for P460K. Got it brand new. Retained the Crosswind XTO and now shopping for a 2nd hand or brandnew pickup truck na matibay ang suspension.

Why I sold the Hyundai instead of Isuzu? Sakit na sa ulo si tucson especially sa suspension, mahal na rin ang gas nowadays, sayang yung interested na buyer :D.

[galant E SS]

I just had a same scenario...

Just parted ways with my Tucson(4x2MT) last Sunday for P460K. Got it brand new. Retained the Crosswind XTO and now shopping for a 2nd hand or brandnew pickup truck na matibay ang suspension.

Why I sold the Hyundai instead of Isuzu? Sakit na sa ulo si tucson especially sa suspension, mahal na rin ang gas nowadays, sayang yung interested na buyer :D.

if i only have the extra budget, then, i would be 1 of the interested buyers ng tucson mo. for me, good deal na yon. di bale, i can buy a similar model of tucson in the future at a cheaper price but w/ high maintenance na sa parts, etc. but it is still a treasure for me.

[Noel Salisipan]

what's the best option for you guys?

Practicality - keep your old car if it is not more than 12yrs old (from brand new) provided that it was treated according to PMS, &
milleage is not more than 60,000.

Statistically - 8yr old machine (on a standad use) is began to become worn out (major parts) and will need extra care &
maintenance. So, instead of keeping it, start selling it. The maintenance is as worth as buying a new one
(not more than 1M) for the next five years.

Reliability - Nothing beats the new (non-lemon) car provided that you have a budget on top of your family needs.

Comfort & Safety - Still, I voted for new car. You cannot easily buy human spare parts, nor human life!


So many possible category to sum up, it depends on your need, financial stability & preference.

Good luck guys, just use mathematics also in buying a car.

[CVT]

A couple of years ago,- I used 'feng shui' in deciding to keep our 11-year old (70KKm) van vs. our two 5-year old low-mileage (19KKm and 46KKm) vehicles- both sold.... (All of them were in great shapes)

14.7K:cow:

[A121]

Nice share of insights.

Sa ngayon kasi I have 205k KM-old Lancer EL. I think the only plus side of owning a very used vehicle is that any part that needs replacement is now getting upgraded. :D

[rockiee_s]

Nice share of insights.

Sa ngayon kasi I have 205k KM-old Lancer EL. I think the only plus side of owning a very used vehicle is that any part that needs replacement is now getting upgraded. :D

oo nga...malay mo, baka pag kineep mo pa yan, maging "push start/stop button" yan!!!

kidding aside, that's the car i used when i learned how to drive.

[blacksun25]

if you can afford a new car, then go for it. brand new is brand new.

[F-14]

what's the best option for you guys?

Its good to keep the old car if you feel so...
Then, buy a new car for your everyday use.

The old car will become a back up car, while the new car is for other activities or vice-versa!

[airolynx]

*TS, i used to be in your shoes. I had a 1995 Galant VR V6 M/T. It was a great car, very fast, very solid. We got it in 2003 and it was in great shape. We maintained it but age eventually caught up with it. In 2010, I said to myself, I can maintain this car and bring it to 'brand new' state. But alas, after spending more than 100k in repairs, there still was something missing. No matter how much cash I slap into it, something would go wrong somewhere. I had the engine and transmission overhauled, replaced all four tires, replaced the entire suspension, overhauled the air conditioning, changed the alternator, radiator, water pump, timing belt, name it... But still, something was missing. It was not the same.

I ended up selling it in early last year and I got myself a new Honda City. Yes there are monthly payments, but at least I have peace of mind that wherever I go, the City will not let me down. I travelled from Baguio to Batangas and the City just kept running. That was something I could not do with the Galant that I had before. I had no confidence to take it on long trips on fear of it breaking down in the middle of the night. For your growing family, my vote is to get a new car.

I don't want to give you false hopes on making the galant a project car. It is a great car, but you need lots and lots of cash to restore it. i'm talking more than 100k. probably more than 200k the ironic part is, no matter how much you spend to repair it, its resale value goes nowhere but south.

[Ry_Tower]

*TS, i used to be in your shoes. I had a 1995 Galant VR V6 M/T. It was a great car, very fast, very solid. We got it in 2003 and it was in great shape. We maintained it but age eventually caught up with it. In 2010, I said to myself, I can maintain this car and bring it to 'brand new' state. But alas, after spending more than 100k in repairs, there still was something missing. No matter how much cash I slap into it, something would go wrong somewhere. I had the engine and transmission overhauled, replaced all four tires, replaced the entire suspension, overhauled the air conditioning, changed the alternator, radiator, water pump, timing belt, name it... But still, something was missing. It was not the same.

I ended up selling it in early last year and I got myself a new Honda City. Yes there are monthly payments, but at least I have peace of mind that wherever I go, the City will not let me down. I travelled from Baguio to Batangas and the City just kept running. That was something I could not do with the Galant that I had before. I had no confidence to take it on long trips on fear of it breaking down in the middle of the night. For your growing family, my vote is to get a new car.

I don't want to give you false hopes on making the galant a project car. It is a great car, but you need lots and lots of cash to restore it. i'm talking more than 100k. probably more than 200k the ironic part is, no matter how much you spend to repair it, its resale value goes nowhere but south.

Very well said sir airolynx!

[111prez]

the good news is that at some point in time, the galant will become a classic car and valuable

the bad news is kung buhay pa ba tayo at that point in time

[vinj]

the good news is that at some point in time, the galant will become a classic car and valuable

the bad news is kung buhay pa ba tayo at that point in time

IMO, it would be more applicable if it was an original, limited run special edition model (i.e. Galant AMG, Galant VR-4).

We also have a 1994 Galant VR m/t. We're the first owners and it's been owner driven (just passed down from father to son). No matter what, it will need repairs time and again, especially if you're one who is very OC with the car. My younger brother still drives it to Baguio with no worries since it is regularly maintained and we've had the car since the day it rolled out of the dealership so we know each and everything done to it in the last 18 years;(150,000kms mileage). There are times though that when it gets back home from a long trip, there is something in need of repair (usually suspension related) or the car just doesnt feel as tight as it should be. Might sell this car sometime this year as well since there's no sense in keeping it anymore after my brother gets a new car.

[airolynx]

IMO, it would be more applicable if it was an original, limited run special edition model (i.e. Galant AMG, Galant VR-4).

We also have a 1994 Galant VR m/t. We're the first owners and it's been owner driven (just passed down from father to son). No matter what, it will need repairs time and again, especially if you're one who is very OC with the car. My younger brother still drives it to Baguio with no worries since it is regularly maintained and we've had the car since the day it rolled out of the dealership so we know each and everything done to it in the last 18 years;(150,000kms mileage). There are times though that when it gets back home from a long trip, there is something in need of repair (usually suspension related) or the car just doesnt feel as tight as it should be. Might sell this car sometime this year as well since there's no sense in keeping it anymore after my brother gets a new car.

i'd say that the Galant can keep its value if you can find a unit that's been very very rarely driven (e.g. 20,000 kms for an 18 year old car), kept well in a garage so the interior, paint remain flawless and new-like.

My brother-in-law's ford focus was kept that way. Less than 10k kms on the ODO for a 2006 model . When you enter the car, 'new car smell' is stronger than the one in my 2009 City.

[dr. d]

a popular car aficionado once said, "no matter how much money you pour into restoring an old car, it will still drive like an old car". and i think the reason being, you are talking technology here. it is difficult to exceed the technology that built the car; you can only restore it.
cars increasing in value to levels we can only dream of? very unlikely, except for but a handful...
a car keeping its value? that depends: are we a'sellin', or are we a'buyin'?
heh heh.

[blue_gambit]

If you can afford a new car that will meet your intentions for it, No question about it buy a new one.

But not all new cars are headache free..

[galant E SS]

thanks for your comments mga bros. I learned a lot from you. I'm still on the process of learning about old and new cars. indeed experience is the best teacher w/ your help mga gurus.

[Ry_Tower]

a popular car aficionado once said, "no matter how much money you pour into restoring an old car, it will still drive like an old car". and i think the reason being, you are talking technology here. it is difficult to exceed the technology that built the car; you can only restore it.
cars increasing in value to levels we can only dream of? very unlikely, except for but a handful...
a car keeping its value? that depends: are we a'sellin', or are we a'buyin'?
heh heh.

And driving an old car ain't necesarrily bad, it's really up to the preferences and tolerance of the owner. And as long as its properly maintained (even gloriously well kept), then astig yan in my books!