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

heughoghap

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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 ?
 

Dark.Horizon

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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

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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.
 

boy_feeling

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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.
 

Cut_throat

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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.

https://www.sgcarmart.com/used_cars/listing.php?PRC=6&RPG=100&VEH=0&AVL=2
 

buttbERry

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depends on condition of the used car and how financially comfortable u are in financing each car
 

Red dragon

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$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

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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

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Don’t renew COE 5 years
Renew 10. For models like cerato avante etc parts won’t be expensive
 

DPS121

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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

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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.
 
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