Auto financing

[boytsiks]

Hi guys,

Di kasi ako makapag start ng thread for this one, so dito ko nalang itatanong.

Is it ok to buy a second hand car then look for a bank to finance it? Or better to find someone selling his car na under pa ng bank financing tapos i-continue ko nalang?
Kasi based on my research, mas mataas pa ang magiging total value nung second hand kesa brand new.

Sobra tight kasi budget.

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Hi guys,

Di kasi ako makapag start ng thread for this one, so dito ko nalang itatanong.

Is it ok to buy a second hand car then look for a bank to finance it? Or better to find someone selling his car na under pa ng bank financing tapos i-continue ko nalang?
Kasi based on my research, mas mataas pa ang magiging total value nung second hand kesa brand new.

Sobra tight kasi budget.

How tight is tight?

If I were you, I'll save up to buy a second hand car in cash. Mataas ang interest rate ng second hand car.

Regarding assume balance, kung ibebenta man ng may ari yun most probably he'll cover up his losses. Yung naidown nya at previous month amort nya, hingin syo.

Kung sobrang tight ng budget, ipon pa hangang makaluwag. Bak mashort ka rin sa budget, sayang ang pangDP mo