Results 51 to 60 of 63
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Verified Tsikot Member
- Join Date
- Oct 2011
- Posts
- 49
April 4th, 2013 10:05 AM #51It is NOT WISE to buy big purchases such as this in CASH. EVER.
It is wiser to pay a good DP (say 40%) and pay it in 2-3 years.
Then use the remaining 60% (of that you were supposed to include in buying the car in cash) to earn for you, invest. Then let that investment pay for the car.
After 2-3 years, you have a fully paid car, via an investment that paid for it after you setttled the DP and the investment itself that still earns for you.
Sounds too ideal, but not far from reality. It happens quite often to the most wise spenders.
Not in Cash, please.
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April 4th, 2013 10:31 AM #52
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Tsikoteer
- Join Date
- Jun 2008
- Posts
- 1,741
April 4th, 2013 11:39 AM #54what about 50-50% dp-installment term with zero interest for one year, is this a good option?
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April 4th, 2013 11:42 AM #55
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April 4th, 2013 11:48 AM #56
Very ideal but what legal investment will earn me 16K/month net at 350K capital ?
To the thread starter:
I suggest you let the old guy to drive the car and lock the car on a railroad track.
Pasagasaan mo sa tren ang unghang para matuluyan na. The insurance will cover take over your problem.
Naka bawi ka pa sa tinatawag mong FRIEND.
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March 25th, 2014 09:02 PM #58
Ibenta mo nalang po yan assume balance. Tiwala lang po may mga mgkaka gusto jan
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March 25th, 2014 09:22 PM #59
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March 25th, 2014 09:52 PM #60
^ I know a friend of wifey that is paying 18k a month for a hyundai eon (or i10?) for 5 years. Grabe pang sub 1M car na yung monthly nya kung nag30% DP sya, and he is paying for a 1000cc car. Katuwiran nya ok lang naman daw kasi halos wala daw sya nilabas na pera nung DP. Oh well, kanya kanyang trip.
its easier to buy a motorbike... wala din coding. only issue I have is the lack of cup holders...
Mitsubishi Xforce