car loan

[kamotekid1968]

"Toyota Wigo G A/T ang plano ko kunin.." -AFAIK sir, di na tinatanggap ang wigo sa uber dahil hatch ito? correct me if i am wrong. just to share, i chose G4 over (again) hatchback, since nawreck yung unang mirage hatchback ko and i ask for other gurus here before i maganda kaya ipasok sa uber or grab since sedan na yung unit ko pero naisip ko, lalaspagin ko lang unit ko so at the end of the day, for personal use nalang (bahay, office at church every sunday).

[whitedevil08048]

my worthless advice! YOLO! [emoji23]

Maghintay ka pa ba eh kung end of the world na tomorrow?


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Haha natawa naman ako sa advise mo Sir Shadow..Actually til now undecided pa din ako..this month of May may Bonus kame pag maganda ang financial status ko this May baka ipush thtough ko na pagkuha ng Kotse the like what i said iregister ko sa Grab..even wala pa LTFRb permit ok lang pwede naman magbyahe ingat nga lang sa manghuhuli

[shadow]

Haha natawa naman ako sa advise mo Sir Shadow..Actually til now undecided pa din ako..this month of May may Bonus kame pag maganda ang financial status ko this May baka ipush thtough ko na pagkuha ng Kotse the like what i said iregister ko sa Grab..even wala pa LTFRb permit ok lang pwede naman magbyahe ingat nga lang sa manghuhuli

That's my boy!


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[whitedevil08048]

"Toyota Wigo G A/T ang plano ko kunin.." -AFAIK sir, di na tinatanggap ang wigo sa uber dahil hatch ito? correct me if i am wrong. just to share, i chose G4 over (again) hatchback, since nawreck yung unang mirage hatchback ko and i ask for other gurus here before i maganda kaya ipasok sa uber or grab since sedan na yung unit ko pero naisip ko, lalaspagin ko lang unit ko so at the end of the day, for personal use nalang (bahay, office at church every sunday).

Hi Sir kinofirm ko sa Grab last week nag aaccept pa sila ng Toyota Wigo..sa Uber uo yata hindi na accept ang hatchback but in Grab still accepting pa

[kamotekid1968]

again, at the end of the day, it's your call sir. goodluck!

[shadow]

Wala naman talaga nakakaalam ng rooting financial circumstances but you and your wife. So if you feel you can afford to get can now. Without sacrificing other things in your life then go for it!




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[kamotekid1968]

sir *shadow, i think he'll it make though considering the numbers he posted. fyi, he has a good if not way better monthly earnings than me (combined with my wife) and i will start paying for my monthly amortization next month for my G4, Php13,409 + insurance of 1,500+) so ang MA (combined) is around 15k but this is for 3 years. di din ako sigurado kung kakayanin ko pero i did all the penciling at sabi ni wifey kaya naman daw. just so know, had my 2015 mirage hatchback for 7,700 MA + insurance of 1,300 back then before i was wrecked so combined nasa 9k lang MA ko pero this time tumaas ng 6k, sana kayanin naman in 3 years.

[shadow]

sir *shadow, i think he'll it make though considering the numbers he posted. fyi, he has a good if not way better monthly earnings than me (combined with my wife) and i will start paying for my monthly amortization next month for my G4, Php13,409 + insurance of 1,500+) so ang MA (combined) is around 15k but this is for 3 years. di din ako sigurado kung kakayanin ko pero i did all the penciling at sabi ni wifey kaya naman daw. just so know, had my 2015 mirage hatchback for 7,700 MA + insurance of 1,300 back then before i was wrecked so combines nasa 9k lang MA ko pero this time tumaas ng 6k, sana kayanin naman in 3 years.

That's assuming there's no unexpected emergency expenses during the loan duration.

As I've said wala nakakaalam kung Kaya ba talaga or not. Siya lang. Yup based on income kaya kung sa Kaya pero maraming expenses rin. Without MA.

Dapat tama computation na yun laging sobrang sa monthly nila now is more than enough to cover MA.


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[whitedevil08048]

sir *shadow, i think he'll it make though considering the numbers he posted. fyi, he has a good if not way better monthly earnings than me (combined with my wife) and i will start paying for my monthly amortization next month for my G4, Php13,409 + insurance of 1,500+) so ang MA (combined) is around 15k but this is for 3 years. di din ako sigurado kung kakayanin ko pero i did all the penciling at sabi ni wifey kaya naman daw. just so know, had my 2015 mirage hatchback for 7,700 MA + insurance of 1,300 back then before i was wrecked so combined nasa 9k lang MA ko pero this time tumaas ng 6k, sana kayanin naman in 3 years.

Hi Sir your car is Brand New?& the approval is thru bank financing or in house?how mu h is your DP?

[kamotekid1968]

yes sir...brand new po, 2016 Mirage G4 GLX CVT. This is direct bank loan thru BDO with a 30% DP of 181,500.00 then an MA of 13,409.00 on a 3-year contract. Staggered payment sa insurance for 12 months of 1,500.00.

[_Qwerty_]

diba nasa 678T na g4 GLX CVT?

yes sir...brand new po, 2016 Mirage G4 GLX CVT. This is direct bank loan thru BDO with a 30% DP of 181,500.00 then an MA of 13,409.00 on a 3-year contract. Staggered payment sa insurance for 12 months of 1,500.00.

[kamotekid1968]

yes sir *_Qwerty_, the dealer gave me a 75,000 discount at binawas nalang namin sa SRP kaya naging 605,000 tapos binawas ng dealer ang reservation namin na 5,000 sa kanya.

[_Cathy_]

Hi Guys Thanks sa mga advise niyo..yes ganyan nga mangyayari pag may Car nako gala & malling & I did'nt think of the post expenses after getting a
Car..for the person asking for may salary..45k/month po then my wife are working also earning 30k/month..i have pisonet business 10 units net earning 8k/month & have a 1 unit paupahan 3k/month..yan po..

Ang laki naman pala ng net niya P86k. Kayang kaya nga niya kahit P20k na monthly. Although if you are earning that much, don't you want to wait a little more and save for a larger DP?

[_Qwerty_]

you have to look at your monthly expenses.. kahit ba 100T ang NET.. eh kung 100T din expenses??

[whitedevil08048]

yes sir...brand new po, 2016 Mirage G4 GLX CVT. This is direct bank loan thru BDO with a 30% DP of 181,500.00 then an MA of 13,409.00 on a 3-year contract. Staggered payment sa insurance for 12 months of 1,500.00.

Laki Sir ng DP mo 30% wala nako ganyan kalaking pang cash out eh..i am thinking for a personal loan sana para pandagdag pang down pero yung 70k cash on hand ko yun lang sana gusto ko pang Down aLL In..pero i will still check on Month of May baka madagdagan pa Cash on Hand..pang Grab/Uber mo ba yung G4 mo?kelan mo siya naacquire?

[MR_BIG18]

Laki Sir ng DP mo 30% wala nako ganyan kalaking pang cash out eh..i am thinking for a personal loan sana para pandagdag pang down pero yung 70k cash on hand ko yun lang sana gusto ko pang Down aLL In..pero i will still check on Month of May baka madagdagan pa Cash on Hand..pang Grab/Uber mo ba yung G4 mo?kelan mo siya naacquire?

personal loan? well my advise is, wag ipili pag hindi kaya, PL is at 1.25-1.6% per month...hirap ng raming binabayaran

[dct]

80k+ ang income nyo pero 60k to 70k lang cash on hand mo? Wala kang ipon? Nako. Be ready mahatak yang sasakyan mo. Tapos isusugal mo pa ma-impound ang sasakyan mo para mag uber ng walang permit? Good luck brother

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[jut703]

Laki Sir ng DP mo 30% wala nako ganyan kalaking pang cash out eh..i am thinking for a personal loan sana para pandagdag pang down pero yung 70k cash on hand ko yun lang sana gusto ko pang Down aLL In..pero i will still check on Month of May baka madagdagan pa Cash on Hand..pang Grab/Uber mo ba yung G4 mo?kelan mo siya naacquire?

From your 86k net, let's assume you have 30k extra money after deducting all your other expenses and investments.

Sobrang dali lang ipunin ng extra 60k para mabuo mo yung 130k DP. 2 months lang yan sayo. 2 months na tiis = 5 years of an easier life.

Car value - 650k

Option 1: Low DP, high monthly, in-house loan
DP: 50k
Monthly: 14.5k
Total cash-out in 5 yrs: 920k

Option 2: 20% DP, low monthly, bank loan
DP: 130k
Monthly: 10.8k
Total cash-out in 5 yrs: 780k

That's a difference of 140k or roughly 2.3k/month for 5 yrs just because hindi ka makapaghintay ng 2 months.

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[_Cathy_]

80k+ ang income nyo pero 60k to 70k lang cash on hand mo? Wala kang ipon? Nako. Be ready mahatak yang sasakyan mo. Tapos isusugal mo pa ma-impound ang sasakyan mo para mag uber ng walang permit? Good luck brother

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And I hope he still has enough cash for emergency (at least 430k in the bank -6 mos of his net)

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[jut703]

80k+ ang income nyo pero 60k to 70k lang cash on hand mo? Wala kang ipon? Nako. Be ready mahatak yang sasakyan mo. Tapos isusugal mo pa ma-impound ang sasakyan mo para mag uber ng walang permit? Good luck brother

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YOLO! Basta ako magaabang lang ako sa mga banko. For sure in 2-3 years ang mura ng mga repo. 😆

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