Downpayment for car

[endlssorrow]

If u take zero loan u also have to pay upfront interests about $3-$5k

 

[endlssorrow]

The difference btw 10% is about $10k-$15k which is quite a good hard cash. If stocks down, that 10% can used to buy more shares right? But of Coz must yield above 5% like someone said in order to cover up the interests. That 10% can go for holiday also.

 

[peterchan75]

If u take zero loan u also have to pay upfront interests about $3-$5k

No one in SG buys car without taking loan. Unless, it's an old clunker with less than 1 year COE.

 

[luckygal]

Why do you say that no one in sg buy car without taking a loan? If the person has the cash why not? I do not think it's no one.

 

[xersion]

Why do you say that no one in sg buy car without taking a loan? If the person has the cash why not? I do not think it's no one.

I agree that's such ppl around... I even have friends who import their own car

Sent from Xiaomi MI 4I using GAGT

 

[Panerex]

If u take zero loan u also have to pay upfront interests about $3-$5k

Could still be more worth than paying the interest?

 

[Flex11]

No one in SG buys car without taking loan. Unless, it's an old clunker with less than 1 year COE.

That's a frog in the well comment.

The world is much bigger than what you thought.

I personally know more than 5 people who bought a car with no loan.

 

[Happygirlzz]

No one in SG buys car without taking loan. Unless, it's an old clunker with less than 1 year COE.

wrong. alot of people in SG are able to buy car without taking loans.. alot of my friends did that.

 

[Happygirlzz]

That's a frog in the well comment.

The world is much bigger than what you thought.

I personally know more than 5 people who bought a car with no loan.

i agree.. i personally know more than 10 people who pay full cash, or full downpayment for cars at one shot.

 

[wahkao3]

you should not be condemning people. not too long ago, you also could not understand the difference.

i am not comdeming
i am echoing someone who is comdeming

 

[endlssorrow]

I agree there are people who buy car without loan
But need not discuss on that.

Let's stick back to the main objective 50% vs 60% loan

 

[Perisher]

I agree there are people who buy car without loan
But need not discuss on that.

Let's stick back to the main objective 50% vs 60% loan

Erm, I thought they already did the calculation for you liao?
Take as little loan as possible unless you can earn more with that $$ you loaned.

 

[dork32]

No one in SG buys car without taking loan. Unless, it's an old clunker with less than 1 year COE.

i paid my car in cash. brand new. komoco got no penalty. many of the people here got a few hundred thousand cash. some even more than million. what is wrong with paying it with cash?

 

[dork32]

I agree there are people who buy car without loan
But need not discuss on that.

Let's stick back to the main objective 50% vs 60% loan

understood. less loan better for people with cash.

 

[dork32]

If u take zero loan u also have to pay upfront interests about $3-$5k

i did not pay upfront interest

 

[peterchan75]

Stand corrected.
A lot of rich people in SG.
Coy reimbursed interest !

 

[Optionstrader]

No one in SG buys car without taking loan. Unless, it's an old clunker with less than 1 year COE.

there will be ppl that pay full cash why not but then again bank wire if u do like the physical copy

Sent from Options Trader using GAGT

 

[Optionstrader]

Internet banking also have limits so cash is better

Sent from Options Trader using GAGT

 

[Optionstrader]

That's a frog in the well comment.

The world is much bigger than what you thought.

I personally know more than 5 people who bought a car with no loan.

Agree the world is bigger than most think

Sent from Options Trader using GAGT

 

[endlssorrow]

Don't cannon pls
NPNT