Actually its more on the breakeven part.
I know NUTS about such mathematical stuff but last time always hear pple say car drive for 5years (plus minus) then can change. Its "worth it" in a sense that no need to fork out additional cash and just continue the loan?
I got a question here:
Got a vellfire that's turning 4 years old soon.
back then it cost about 200k. COE was 62k
At what point is it considered the "breakeven"?
reason I'm asking is cos back then it was 50% loan only for 5 years (IIRC). So the whole theory of 5 years to breakeven (for a 10yr loan car) is not applicable?
Hope to hear some advices.
I know NUTS about such mathematical stuff but last time always hear pple say car drive for 5years (plus minus) then can change. Its "worth it" in a sense that no need to fork out additional cash and just continue the loan?
I got a question here:
Got a vellfire that's turning 4 years old soon.
back then it cost about 200k. COE was 62k
At what point is it considered the "breakeven"?
reason I'm asking is cos back then it was 50% loan only for 5 years (IIRC). So the whole theory of 5 years to breakeven (for a 10yr loan car) is not applicable?
Hope to hear some advices.