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What is the Best time to change a car.


Saroja117
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I would like change a car but i still a lot more to pay for my car.The car is two years only . So i am confused should i change my car now or later.Need some advise.

 

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I would like change a car but i still a lot more to pay for my car.The car is two years only . So i am confused should i change my car now or later.Need some advise.

 

What car you driving now and which car you aiming? Mind share why you want to change?

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To add on, actually best time to change car is when the COE expired on the 10th yr. However not many ppl can wait that long...

 

true. u can use the parf rebate as downpayment.

 

alot of criteria to decide when you want to change car

1. how much you need to pay the bank to clear your existing loan

2. how much monthly installment is acceptable to you

3. the price of the car you want to buy

4. how much can you put as downpayment for the new car

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I am driving chery t11 and maybe changing to Hyundai Tucson/Kia Sorento.

 

 

It is hard for ppl to advise you unless you don't mind share with us more about the loan portion of your existing car and how you plan to finance the next car, any cash top-up, etc...

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Yes the best time to change the car is only when you have money.

 

Other than that, unless changing the car while you are still paying the loan will serve to give you a better deal. like say change a car and your monthly installment drop.

One more thing is if its a job requirement.

Edited by Joseph22
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The first one is the expansion of liquidity in the economic system which as we all know happened to all economies.

 

Additional liquidity, combined with the illusion of wealth among market participants, can trigger a simple economic mechanism: more buyers bid for the assets, demand exceeds supply, and prices go up.

 

Seems like this optimism has continued, initial rises in price generate expectations for further rises and create a bubble.

 

Price increases will continue until market participants realize that their expectations are not sustainable and sell their assets, resulting in a reverse movement and a downturn in the economy.

 

Beware.

 

 

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The first one is the expansion of liquidity in the economic system which as we all know happened to all economies.

 

Additional liquidity, combined with the illusion of wealth among market participants, can trigger a simple economic mechanism: more buyers bid for the assets, demand exceeds supply, and prices go up.

 

Seems like this optimism has continued, initial rises in price generate expectations for further rises and create a bubble.

 

Price increases will continue until market participants realize that their expectations are not sustainable and sell their assets, resulting in a reverse movement and a downturn in the economy.

 

Beware.

 

Hmm.. are you Yves Longchamp or Veronica Weisser? :)

 

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Neutral Newbie

What is the Best time to change a car?

 

Seriously, there is no such thing as best time to change a car.

If you have the money, you can always change anytime for all you like. :D

 

 

 

 

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I would like change a car but i still a lot more to pay for my car.The car is two years only . So i am confused should i change my car now or later.Need some advise.

 

if there's "still a lot more to pay for my car" , then I'll suggest you quickly throw this idea out of the window now .

 

Wait till your car loan has breakeven first.

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I am driving chery t11 and maybe changing to Hyundai Tucson/Kia Sorento.

If you sell this car and still OWE BANK AND MONEY NO ENOUGH - Forget it.

If you sell this car and don't owe bank money but don't have 20% downpayment for new car - Forget it

If you sell this car and don't owe bank money but have 20% downpayment but cannot afford monthly instalments of 7years loan - Forget it.

If you sell this car and don't owe bank money but have 20% downpayment and can afford monthly instalments of 7years loan - Go to the Showroom to choose now...

 

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