Nissan Car Lounge - Almera, Juke, Latio, Qashqai, Sylphy, Teana Owners > Latio
4AT and CVT
clarence:
--- Quote from: detach8 on August 26, 2008, 04:41:32 PM ---last i heard the '07 4AT ex-stock is going for $52k. if you don't want body kit it is $51k. so this is cheaper than a vios. or you can consider the lancer glx at $48k, but a bit lousier fuel economy and build. don't trust sgcarmart pricing for new cars. not accurate. i suspect the reason why it is so high because dealer need the margin to do overtrade for people.
hmm if i look at second hand price on sgcarmart now...
take this as an example:
http://www.sgcarmart.com/main/info-2ENCkAlz-1068.html
$42,100 for 2 years old car = $42,100 / 8 years left = $5262.50 / year
$52,000 for a new car = $52,000 / 10 years left = $5200.00 / year
almost the same price, but don't forget it is a brand new car... with warranty! now they are throwing in free NPMP i think, so that is 3 year free labour and parts.
and if i am not wrong, new car loan interest rate is lower.
2nd hand car can be good deal if you know how to see. best if you have friends who are mechanic. must check if the car had accident before or not but otherwise some things even the trained eye cannot see...
--- End quote ---
Your calculation of the depreciation is wrong.
You forgot that there is a scrap value of approximately $7K.
In summary, 2nd hand Latio depreciation (2005 registered onwards) ranges from $3800 to $4200 a year, depending on model (4A/T, CVT, Sports).
Brand new Latio deprecition ranges from $4600 to $5200 a year.
detach8:
thanks for pointing out bro. my caculation is not accurate. there are too many factors to consider.
i did a very rought calculation
not forgetting car PARF value decrease from 5th year onwards at 10% per year, so the "resale" price i did not take into consideration when calculating this. i am just assuming you pay up fully for the car and expect $0 in return
nontheles the difference in $ is not very much, at most few hundered a year. but a car with prior accident history and without warranty, is what really what i personally fear!
clarence:
If you buy 2nd hand, you can send it for STA or VICOM evaluation which costs about $100.
If you are concerned about warranty issues, just buy 1 that is less than 3 yrs old, which would still be under warranty, so that if there are any faults, you can get it fixed for free at Tan Chong.
gh05tss:
--- Quote from: clarence on August 27, 2008, 09:54:31 AM ---If you buy 2nd hand, you can send it for STA or VICOM evaluation which costs about $100.
If you are concerned about warranty issues, just buy 1 that is less than 3 yrs old, which would still be under warranty, so that if there are any faults, you can get it fixed for free at Tan Chong.
--- End quote ---
3 years warranty from TCm is only valid if the previous owner did his/her past servicing with TCM.
Zippy:
--- Quote from: clarence on August 27, 2008, 09:54:31 AM ---If you buy 2nd hand, you can send it for STA or VICOM evaluation which costs about $100.
If you are concerned about warranty issues, just buy 1 that is less than 3 yrs old, which would still be under warranty, so that if there are any faults, you can get it fixed for free at Tan Chong.
--- End quote ---
Hmm... personally, i dun quite trust STA or VICOM coz the people there all seem very bo-chup. Better go to a mechanic or workshop u trust. At least your regular workshop will know u are repeat business so they tend to be more thorough. Just my 2 cents.
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