Nissan Car Lounge - Almera, Juke, Latio, Qashqai, Sylphy, Teana Owners > Latio

COE Bidding

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alghojo:
I believe its a common practice among buyers to take min. loan and min.repayment period to enjoy all the discount. At the end of the day, u are stil paying less in total than when u are paying full.

htfreak:

--- Quote from: tchekchuan on December 05, 2008, 08:33:40 AM ---Yeh, i forsake the $1.5k instalment privilledge, and pay extra $200 for full payment, also forsake the bodykit. That is why total i paid 49.2k. IT is a good buy.  :bleh:



--- End quote ---

With the going rate for the premium at 51k with the loan discount, I still don't understand how you ended up with 49.2k. 

No loan              = 51 + 1.5k = 52.5k
Less 1k body kit  = 51.5k
Less $500 NAC    = 51k
Add $200           = 51.2k

Hence, there is an unaccounted 2k amount somewhere..

alghojo:

--- Quote from: Ender on December 05, 2008, 09:12:14 AM ---Strange, wouldn't it be better if you took the minimum loan amount and period, i.e. 1 year loan on $30000?  1.99% is only $597 .

i.e. in total you would have paid $48097, inlcuding interest.

--- End quote ---

bro, calculation abit off...$30K at 1.99% for 1 yr would be $2550/mth.
total paid would be $30597.
Car without loan is $49200
with loan minus $1.5K
if u get inhouse insurance minus $500
it would be $47200-$30000= $17200 (downpayment)
$30597 + 17200 = $47797

u would have paid $47797 with loans.

alghojo:
bro, paiseh my bad...ur calculation also correct

tchekchuan:
I will be getting my Latio next wednesday (31/12/2008), wil get my current Nissan Sunny washed clean and vacuum, and take some pictures of my sunny before i sent it to the slaughter house.

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