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2nd Hand Integra??

Bonjoey

By Bonjoey,
in Japanese Talk

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Bonjoey

Bonjoey

1st Gear
  • Author

yeah..i think maybe i test drive first...

 

but do u think i ask for $63k abit low?...4 years car leh...but ya lah, its a type R.

 

 

and if he raced it on tracks before or accident before...even not worth $73k right?

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Porker

Porker

Turbocharged

You can try asking.. its business afterall so you may just get it.

 

Accident car I won't even wanna touch even if he sells at $53k [:p]

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Bonjoey

Bonjoey

1st Gear
  • Author

yeah..i think i wun too...so i must ask for some inspection right....STA or LTA or dunno wat AAA...

 

 

but at the end of it...4 years car...hmm...haha...dilemma..dilemma..

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Vblaster_w211

Vblaster_w211

2nd Gear
(edited)

Simple rule - what depreciation per year can you sustain? That is the key question.

 

2nd hand loan at 4% is way high. You can get better deals.

 

For insurance, there're companies that don't charge a premium for DC5Rs. Goto integra.sg to find out. It's much easier to find your answers there instead of this generic car forum.

 

Typically, a pristine DC5R with $34K OMV less than 2 yr old can fetch around $86-88K.

Edited by Vblaster_w211
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Kelvinwangkewen

Kelvinwangkewen

Neutral Newbie

hi bro....

 

i just got my GSR a month ago.. so far no regrets.. really enjoying every single drive in it..

 

only setback like what other bros have mentioned is the big turning radius.. can never do a full u-turn at a 2-lane road..

 

storage compartment for me is fine as i don't have many things to keep.. i like to keep my ride clean and simple..

 

i have never felt that the GSR is underpowered.. maybe u should go test-drive yourself to feel it... mine is stock by the way...

 

cheers!

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Vblaster_w211

Vblaster_w211

2nd Gear
(edited)

Yep. The K20A3 has good pull compared to the K20A (in fact, better), until the 3rd lobe VTEC opens for the K20A.

 

What does this mean? Basically, the GSR is a very good drive for daily city driving where it's unlikely to pull more than 5800rpm. With a good tune, the K20A3 is very decent daily drive unless one is out and out tracking.

Edited by Vblaster_w211
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Jems

Jems

Neutral Newbie
(edited)

My car dealer friends taught me to calculate the cost of second

hand cars using depreciation.

Scrap value at the end:$x (eg 0.55*omv = 13.2k)

Yearly depreciation you are comfortable with: $y ($6.5k)

Years left:n (7.5)

Price to offer= $x+n*y. ( 13.2k + 6.5*7.5 = 61.95)

Plus condition good can top up a little.

Usually dealers very cunning. They will offer scrap value+body..

If u despo to sell [knife].

 

This seller offering it at a good price, can bargain a bit. IMO

http://www.sgcarmart.com/main/info-2ELCNQB-1000.html

http://www.sgcarmart.com/main/info-2EIbmXFN-1000.html

Edited by Jems
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Bonjoey

Bonjoey

1st Gear
  • Author

finally there is some formula/basis for calculation...thanks bro....

 

gonna use tat formula to calculate for the other tegs on offer as well... [:)]

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Seaweed

Seaweed

1st Gear

Some problem with your calculation....

 

It should not be "Yearly depreciation you are comfortable with"....instead it should be "Yearly depreciation the car is worth" to reflect the truth of how much you should offer...I can't assume yearly depre to be $10000..and use it to buy a 1.6 jap car...and I cannot assume yearly depre of $1000 to buy a car...

 

[;)]

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donchew76

donchew76

3rd Gear

I have been driving my ride for 4 year and 3 months.

 

So far, there is no major problem with the car. It's even my reliable than my previous sunny.

 

Oh yes, it still turns heads even after 4 years.

 

But the downside is I bought it at too high a price before COE plunges...[:/]

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Zanter

Zanter

3rd Gear
i am thinking for a 2006 Integra....Ard say $71.8k....

 

i put down $31.8k downpayment..and loan 8 years for the remaining $40k at 4% interest....

 

using the loan calculator provided by sgcarmart...it works out to $550/mth....

 

first car....no NCD...at age 29, i guess my insurance also $3.2k?

 

after all these calculations.....worth it anot financially, my bros??? disregard the view that "if u like it, its worth it" kinda logic...pure financially, worth it?

 

paiseh...first car....i dun wanna make wrong decision to regret next few years... [:)]

 

Honestly I find bo wha ley. Few year down the road ur depreciation u will lose even more esp when car reaches 5 years old. 4% flat is effectively closer to 8% pa [sweatdrop] . This is not a sportscar wor. Just a coupe with a 2 liter engine. No doubt its a honda but too ex. Better get a new Type R JDM. u will lose about the same 3 years down the road.

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