$30K downpayment for new Cerato or $30K cash for used Cerato ? Car sexperts lai....

heughoghap

Master Member
Joined
Apr 30, 2020
Messages
4,576
Reaction score
1,138
Thinking of getting a car and have $30K to spare.

Been sourcing and quite vexed. Need Edmwer car sexperts advice.

Is it better to get a brand new $100K+ Certato with $30K downpayment and then mthly installment of $1K for 7 yrs
OR
get a used Certato (yr 2011 - 2012 5yr COE car) with 4 to 5yrs COE left with $30K cash without any loan ?
 

Frankboi2

Master Member
Joined
Oct 21, 2016
Messages
3,125
Reaction score
868
You just ansd ur own qn right. Of cus used car
 

Dark.Horizon

Arch-Supremacy Member
Joined
Nov 10, 2008
Messages
11,982
Reaction score
205
my advice is get the used one. brand new car you'll tank the depre + be in debt

but make sure you buy from a credible dealer and ensure the car really no major issue. if well maintained then u will have v little headache or costs.


Sent by a cotton-making sheep
 

melankholy

Arch-Supremacy Member
Joined
Jul 19, 2003
Messages
14,836
Reaction score
58
Used. But get your checks done at a good workshop to estimate how much to spend on wear and tear. When your used car Coe expire and scrapping you can still get some money back from parf too.
 

questsohai

Arch-Supremacy Member
Joined
Nov 21, 2013
Messages
17,979
Reaction score
747
what's the mileage of the used cerato? šŸ˜
don't fall in the trap by looking at price point
 

boy_feeling

Senior Member
Joined
Jun 14, 2021
Messages
1,747
Reaction score
765
Got money buy new car.

No money buy used car.

But if no money pls dun pretend to be rich by buying a half f*** conti.
 

Muggie

Supremacy Member
Joined
May 18, 2016
Messages
5,676
Reaction score
1,476
Used. Unless u gonna drive it for the next 10 years
 

Cut_throat

Arch-Supremacy Member
Joined
Aug 24, 2017
Messages
22,661
Reaction score
1,872
Thinking of getting a car and have $30K to spare.

Been sourcing and quite vexed. Need Edmwer car sexperts advice.

Is it better to get a brand new $100K+ Certato with $30K downpayment and then mthly installment of $1K for 7 yrs
OR
get a used Certato (yr 2011 - 2012 5yr COE car) with 4 to 5yrs COE left with $30K cash without any loan ?
Downpayment 30k second hand you get to choose better cars.

 

buttbERry

Emeritus Honorary Member
Joined
Nov 23, 2011
Messages
222,660
Reaction score
7,090
depends on condition of the used car and how financially comfortable u are in financing each car
 

Red dragon

Supremacy Member
Joined
Jul 26, 2013
Messages
6,025
Reaction score
3,650
$30k can take gojek or comfort taxi for how many years?

Sometimes better to understand why chiu need a car. If it is just to commute to work, maybe not a wise decision.

P.S. other than $30k, dont forget the maintenance, road tax, insurance, parking, petrol, ERP, etc etc etc etc......
 

bwaysaiguan

Master Member
Joined
Dec 8, 2021
Messages
3,109
Reaction score
1,300
Thinking of getting a car and have $30K to spare.

Been sourcing and quite vexed. Need Edmwer car sexperts advice.

Is it better to get a brand new $100K+ Certato with $30K downpayment and then mthly installment of $1K for 7 yrs
OR
get a used Certato (yr 2011 - 2012 5yr COE car) with 4 to 5yrs COE left with $30K cash without any loan ?

30k on banker b1 table 12.

Do it for 4 rounds.

After that ping pong up down.

By the 10th round.

You will be asking

Buy maclaren or ferrari which one better.

Trust me. The light show u thr way u don't want follow too bads
 

Hardware4455

Senior Member
Joined
Jan 28, 2020
Messages
1,525
Reaction score
164
Donā€™t renew COE 5 years
Renew 10. For models like cerato avante etc parts wonā€™t be expensive
 

DPS121

Master Member
Joined
Apr 17, 2018
Messages
4,007
Reaction score
297
Thinking of getting a car and have $30K to spare.

Been sourcing and quite vexed. Need Edmwer car sexperts advice.

Is it better to get a brand new $100K+ Certato with $30K downpayment and then mthly installment of $1K for 7 yrs
OR
get a used Certato (yr 2011 - 2012 5yr COE car) with 4 to 5yrs COE left with $30K cash without any loan ?
If u like virgin, buy new. If u want value for money, buy used. Either way your 30k cannot take back liao.
 

RadioAddict

Master Member
Joined
Dec 31, 2004
Messages
4,047
Reaction score
370
Thinking of getting a car and have $30K to spare.

Been sourcing and quite vexed. Need Edmwer car sexperts advice.

Is it better to get a brand new $100K+ Certato with $30K downpayment and then mthly installment of $1K for 7 yrs
OR
get a used Certato (yr 2011 - 2012 5yr COE car) with 4 to 5yrs COE left with $30K cash without any loan ?

Top up a bit get Tesla.
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.
Top