Toyota Innova G AT or Fortuner G AT?

[poohge123]

Let's say you take the ALL-IN offer, your total cash-out would be (excluding maintenance) for a 5-year term:

Total Cash-out = ALL-IN DP + 60 (monthly amortisation) + insurance cost of 4 years

For a Regular Car Loan, it would be:

Total Cash-out = DP + LTO registration (first 3 years) + chattel mortgage fee + first year insurance + 60 (monthly amortisation) + insurance cost of 4 years

Insurance cost for the next 4 years evens out between the two options so the key things to consider are the items in the acquisition cost (DP, LTO registration, chattel mortgage, and first year insurance). If the difference in total cash-out is minimal, then by all means choose the one that works well within your financial capability at the time of acquisition.

I see. I think I'm getting it. A couple of questions though:

1. chattel mortgage fee is covered in the all-in promo? (If not, add ko pa to sa total cash-out right?)

2. First year insurance is covered by car loans offered by banks? After the first year ako na hahanap ng preferred ko na car loan?

[_Qwerty_]

chattel mortgage and 1st year insurance are "free" in the all in promo.. pero usually naka lock in ka sa insurance for the duration of the loan.. and the succeeding insurance premiums will be expensive.. compare kung kukuha sa labas..

pag thru bank, may mga promo minsan sila na free ang chattel mortgage and first year insurance.. pero kung walang promo, babayaran mo yang chattel and yes, ikaw maghahanap nang insurance for the 1st year..

I see. I think I'm getting it. A couple of questions though:

1. chattel mortgage fee is covered in the all-in promo? (If not, add ko pa to sa total cash-out right?)

2. First year insurance is covered by car loans offered by banks? After the first year ako na hahanap ng preferred ko na car loan?

[Egan101]

I see. I think I'm getting it. A couple of questions though:

1. chattel mortgage fee is covered in the all-in promo? (If not, add ko pa to sa total cash-out right?)

2. First year insurance is covered by car loans offered by banks? After the first year ako na hahanap ng preferred ko na car loan?

For the ALL-IN DP promo, chattel mortgage fee + LTO registration + 1st year insurance is covered already. For a normal car loan, you have to pay the chattel mortgage fee on top of the DP.

Different banks offer different promos. Some offer free LTO registration, some offer free chattel mortgage, some offer free 1st insurance, and some offer a discount promo. Choose the bank that will give all three items for free.

As for the insurance, unless you signed an agreement with a bank to solely use a specific insurance provider, you are free to choose which insurance company to cover your car.

[poohge123]

Post dated check? yung ibang casa di nag accept nang personal checks.. kailangan manager's check or cash pag D/P.. and don't pay the DP hanggang di mo pa nakikita yung unit.. pwede mong bayaran ang DP on the same day na ilalabas mo yung unit..

I see, so I need to have a hefty amount in cash on hand pala. Thank you sir. Naliwanagan ako sa mga payo nyo. Naiisip ko na mejo mabigat kung kukuha na ng sasakyan ngayon pero magsisimula na kami ng pamilya. I think the DP would be the part where the wife and I would have a hard time in, however the monthly amortization would be bearable with our combined incomes I think.

[dr. d]

actually,
bringing the car home is the easiest part of car ownership.
the regular monthlies and maintenance schedules... are more difficult than one would imagine.
the repossessed car industry is witness to that.
good luck. may fortune shine on you.

[Egan101]

chattel mortgage and 1st year insurance are "free" in the all in promo.. pero usually naka lock in ka sa insurance for the duration of the loan.. and the succeeding insurance premiums will be expensive.. compare kung kukuha sa labas..

pag thru bank, may mga promo minsan sila na free ang chattel mortgage and first year insurance.. pero kung walang promo, babayaran mo yang chattel and yes, ikaw maghahanap nang insurance for the 1st year..

Not all of these ALL-IN DP promos are locked to a specific insurance provider. You can check with the dealer on this.

These ALL-IN DP promos are loans guaranteed by a dealer and their partner banks. They usually use selected insurance providers that they can make commissions with every sale via these promos.

[_Qwerty_]

ipon ipon muna.. mahirap din yung monthly for 5 years.. plus every 3 months PMS pag Toyota.. then gas.. then parking.. then yearly insurance..

compute compute..

I see, so I need to have a hefty amount in cash on hand pala. Thank you sir. Naliwanagan ako sa mga payo nyo. Naiisip ko na mejo mabigat kung kukuha na ng sasakyan ngayon pero magsisimula na kami ng pamilya. I think the DP would be the part where the wife and I would have a hard time in, however the monthly amortization would be bearable with our combined incomes I think.

[poohge123]

actually,
bringing the car home is the easiest part of car ownership.
the regular monthlies and maintenance schedules... are more difficult than one would imagine.
the repossessed car industry is witness to that.
good luck. may fortune shine on you.

Since the first year of maintenance is free (depende sa dealership right?) the difficult part would be keeping up with the monthly amortization and gas expenses right?

[_Qwerty_]

first 1000kms and 5000kms lang ang free labor sa Toyota.. babayaran mo parts..

sa toyota every 5K or 3 months whichever comes first ang PMS..

[poohge123]

For the ALL-IN DP promo, chattel mortgage fee + LTO registration + 1st year insurance is covered already. For a normal car loan, you have to pay the chattel mortgage fee on top of the DP.

Different banks offer different promos. Some offer free LTO registration, some offer free chattel mortgage, some offer free 1st insurance, and some offer a discount promo. Choose the bank that will give all three items for free.

As for the insurance, unless you signed an agreement with a bank to solely use a specific insurance provider, you are free to choose which insurance company to cover your car.

Alright. Malinaw na lahat sir. Hindi naman pala all bad yung all-in promos, mas malaki ang babayaran pag all-in pero if ang total cash out is not far from car loan then it's fine.

[poohge123]

first 1000kms and 5000kms lang ang free labor sa Toyota.. babayaran mo parts..

sa toyota every 5K or 3 months whichever comes first ang PMS..

I see, so on top of the monthly amortization cost plus monthly gas expenses, i have to take into account PMS as well. Labas pa yung cost if may kailangan palitan sa kotse.

[dr. d]

Since the first year of maintenance is free (depende sa dealership right?) the difficult part would be keeping up with the monthly amortization and gas expenses right?

verify just how "free" that "free maintenance" is. i would ask, "how much would i be charged for...?"

yespo.
monthlies, pms expenses, parking fees (who would have thought of parking and toll fees, if one were previously a pedestrian? heh heh.), fuel, increased trips to.. everywhere, with the requisite expenses for purchased and eaten items...
all these contribute to the expenses incurred, just because one owned a car.

[_Qwerty_]

meron akong ibang kilala.. may sasakyan nga pero hindi na makalabas.. kasi wala na daw budget for that.. so parati na lang sa bahay..

[Egan101]

meron akong ibang kilala.. may sasakyan nga pero hindi na makalabas.. kasi wala na daw budget for that.. so parati na lang sa bahay..

Bumili pa ng sasakyan no? Eh wala naman pala pang gas at maintenance. Hehehehe

[poohge123]

verify just how "free" that "free maintenance" is. i would ask, "how much would i be charged for...?"

yespo.
monthlies, pms expenses, parking fees (who would have thought of parking and toll fees, if one were previously a pedestrian? heh heh.), fuel, increased trips to.. everywhere, with the requisite expenses for purchased and eaten items...
all these contribute to the expenses incurred, just because one owned a car.

Mali ako ng intindi LOL, as explained by Sir Qwerty, first 1000km and 5000km lang yung free everything else is paid.

When it comes to the monthly mortgage, mukang kakayanin naman namin, promoted si misis so mejo lumaki breathing room namin for monthly expenses.

Parking and toll fee mejo rare ang expenses namin dito since di naman namin masyado dadalhin sa manila yung kotse. Sa batangas lang talaga namin gagamitin pag umuuwi kami.

For fuel naman, galing ako sa Revo na gasoline engine. Diesel yung tinitignan ko so makakamura pa ako sa gas LOL. I think yung matitipid ko sa monthly gas expenses ko from switching to Diesel mapupunta lang sa fund for the monthly PMS ni Toyota.

[poohge123]

Bumili pa ng sasakyan no? Eh wala naman pala pang gas at maintenance. Hehehehe

Minsan mga tao kasi pag nagustuhan bili agad ng bili, hindi nagpaplano in the future if kaya ba talaga.

Use case ko naman, ayaw ko kasi talaga na ibyahe lang misis ko pag buntis na sya and nagka baby na kami. Naaawa talaga ako sa mga baby na nakikita ko naka tricycle lang or naka jeep lang. Nalanghap na nya lahat ng gabok at usok sa daan, madadagdagan lang worries ko.

Tsaka less stress kay misis habang nag bubuntis kung may sarili kami sasakyan, less things to go wrong with the pregnancy rin.

[dr. d]

revo gasaoline!
higit na magiginhawahan po kayo sa diesel de toyota.

[poohge123]

revo gasaoline!
higit na magiginhawahan po kayo sa diesel de toyota.

Onga sir. lalo na dati, Shell lang kilala ko na gasolinahan, 50+ per litro shet hahaha. Recently lang about 5 months ago, nag try ako ibang gasolinahan. sa PTT na ako nagpapagas, 44 per litro jusko ang laki laki ng natitipid ko. Tapos lilipat pa ako ng diesel if mag push thru yung balak namin na kotse. Juicecolored so much savings haha

[poohge123]

dr. d, Egan, Qwerty

Maraming salamat po sa inyong mga payo at tulong. Mas malinaw na sa utak ko kailangan ko linawin at itanong sa dealership. Atlis alam ko na basics at mga requirement na kailangan ko malaman pag kukuha ng kotse. Innova na lang kukunin ko, not the same league as the fortuner when it comes to "arrive" pero maganda parin naman yung Innova. thank you sirs. Sana kung may mga additional na tanong ako kayo uli makausap ko hehe

[sirkosero]

OT lang... Wag madaliin ang pagbili ng kotse. Get a 2nd hand cheaper car first then sell it when the baby arrives and upgrade to a bigger car.

Unless you are already expecting, di pa natin sure kelan kayo magkakababy. When the baby comes, mas malaki pa gastos sa baby than the monthly of the car.

5 years ago, wife was pregnant with our eldest. Vios lang kinuha ko. We survived naman until the 2nd baby came along. When the 2nd arrived kasya pa naman kami with 1 yaya sa loob ng vios but i already saved some and bought a new innova, mostly because i thought i needed it.

To be honest, masyado malaki innova for the 4 of us (plus yaya).

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