Mcmanaman Neutral Newbie February 13, 2009 Share February 13, 2009 hi all anyone can help me.. how to calculate how much i need to top up ? Intend to sell my 1 yr suzuki swift- 10 yrs loan ? eg. if need to top up 15k i must pay bank in full amount? no instalment or what? Thanks. ↡ Advertisement Link to post Share on other sites More sharing options...
Victor68 Turbocharged February 13, 2009 Share February 13, 2009 My simple calculation is : take the amount you paid for your car - what you can receive if you sell now and divided by the number of years. That is how much you depreciate per year. If you are changing to another car, than add the new car price and divided by the total number of years both the new and old car you going to get to drive. Link to post Share on other sites More sharing options...
Picanto 3rd Gear February 13, 2009 Share February 13, 2009 hi all anyone can help me.. how to calculate how much i need to top up ? Intend to sell my 1 yr suzuki swift- 10 yrs loan ? eg. if need to top up 15k i must pay bank in full amount? no instalment or what? Thanks. i dun understand why you want to make loss. this is throwing money down the drain. Link to post Share on other sites More sharing options...
Route88 2nd Gear February 13, 2009 Share February 13, 2009 Seems like u are very new in car ownership. Link to post Share on other sites More sharing options...
Picanto 3rd Gear February 13, 2009 Share February 13, 2009 Seems like u are very new in car ownership. why do ppl buy cars when they know nuts about loan, rule of 78, paper value etc? very strange. Link to post Share on other sites More sharing options...
Sir8 Neutral Newbie February 13, 2009 Share February 13, 2009 The answer is BIG LOSS. Link to post Share on other sites More sharing options...
Speedsun Clutched February 13, 2009 Share February 13, 2009 First, you have to get quotations on how much you can sell your car. Then call the bank to ask the amount you owe. This will allow you to know how much you must pay back to the bank. Times are very bad now, think carefully before you change. If really can afford to stomach the losses and still have plenty of cash to burn then go ahead to change to the car you like. You can really get a very good price at this time if you bargain hard enough. Link to post Share on other sites More sharing options...
Route88 2nd Gear February 13, 2009 Share February 13, 2009 why do ppl buy cars when they know nuts about loan, rule of 78, paper value etc? very strange. Cos they are dumb? Inside showroom,dealer calculate 4 them, so long got no downpayment,monthly they "think" can pay....hosei liao. TADA ur dream car. Later down the road cannot pay kena reposess. BTW i'm toking in general,not refering to TS. Link to post Share on other sites More sharing options...
Route88 2nd Gear February 13, 2009 Share February 13, 2009 Dont bother, 10 year loan, just 1 year own ...figure to pay is huge! Link to post Share on other sites More sharing options...
Iziz Clutched February 13, 2009 Share February 13, 2009 hi all anyone can help me.. how to calculate how much i need to top up ? Intend to sell my 1 yr suzuki swift- 10 yrs loan ? eg. if need to top up 15k i must pay bank in full amount? no instalment or what? Thanks. FORGET IT No, cold hard cash. Link to post Share on other sites More sharing options...
Mahjong74 Supercharged February 13, 2009 Share February 13, 2009 I have attached a file for you. It can roughly calculate the full settlement for your car. However, the amount maybe higher if you take cash rebate or penalty for lock in period. A rough estimation you need at least 15k to 17k to settle the outstanding loan. No installment. FullSettlement.xls Link to post Share on other sites More sharing options...
Watwheels Supersonic February 13, 2009 Share February 13, 2009 (edited) hi all anyone can help me.. how to calculate how much i need to top up ? Intend to sell my 1 yr suzuki swift- 10 yrs loan ? eg. if need to top up 15k i must pay bank in full amount? no instalment or what? Thanks. You will end up paying for the price of two cars but you drive only one car. Dun let your greed cloud your judgment. See new car selling cheap only wanna change car. If it's so easy to change car everyone else will do it as if they are changing underwear. Edited February 13, 2009 by Watwheels Link to post Share on other sites More sharing options...
Nkps 1st Gear February 13, 2009 Share February 13, 2009 hi all anyone can help me.. how to calculate how much i need to top up ? Intend to sell my 1 yr suzuki swift- 10 yrs loan ? eg. if need to top up 15k i must pay bank in full amount? no instalment or what? Thanks. Link to post Share on other sites More sharing options...
Route88 2nd Gear February 13, 2009 Share February 13, 2009 Dun let your greed cloud your judgment. See new car selling cheap only wanna change car. If it's so easy to change car everyone else will do it as if they are changing underwear. Itchy backside syndrome Link to post Share on other sites More sharing options...
Nkps 1st Gear February 13, 2009 Share February 13, 2009 Itchy backside syndrome Link to post Share on other sites More sharing options...
Dafansu Turbocharged February 13, 2009 Share February 13, 2009 wats the reason for selling? how much cash are u willing to pay, if u are cash rich go ahead. should be at least 15k Link to post Share on other sites More sharing options...
Sktan10 5th Gear February 13, 2009 Share February 13, 2009 hi all anyone can help me.. how to calculate how much i need to top up ? Intend to sell my 1 yr suzuki swift- 10 yrs loan ? eg. if need to top up 15k i must pay bank in full amount? no instalment or what? Thanks. May i know why u want to change? Suzuki swift no good? Link to post Share on other sites More sharing options...
Beng2 5th Gear February 14, 2009 Share February 14, 2009 why do ppl buy cars when they know nuts about loan, rule of 78, paper value etc? very strange. I guess your statement applies to the majority of female car owners. Not all, but most. I have a female friend who asked just two questions before buying a car: i) which car should I buy? ii) how much is the monthly instalment? ↡ Advertisement Link to post Share on other sites More sharing options...
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