7-Seater MPV

[hondafanodyseey]

Y no one mention kia sorento?

[Yan66]

It is interesting to see and know that although we all are looking at the same products, our views actually differ. However, with everyone's input, we do get to know more and appreciate why some people see the strength in certain design.

 

Interior wise, I find Sienta quite OK and the seats are 'proper seat' for the 3rd row. The folding mechanism also good and easy to use. somehow, the 2nd row has 2 seats whilst 3rd row 3 seats. The sliding door is a plus.

 

This makes 5 people a problem. Outlook of the car is so so leh. Can't they improve it a bit more?

 

Wish is almost like buying an old Wish. Interior wise nothing much to complain but not sure the back row a/c problem is resolved this time. The offer of $124 for the upgraded version is surely attractive. Depreciation of almost $11K a year is difficult to accept.

 

Mobillio outlook was not great. Inside the console just cannot make it. Still using hand brake and the gear is just sticking out in the centre.

 

Like what one bros here suggested. I will wait for a sudden drop in COE or wait for 2017. Car show room is just for fun now. Throw an extra $3-4K per year just to enjoy a new car don't sound sensible. Economy is getting bad next year. Money in pocket safest.

 

i agree bro...

 

[Loo]

Have you also consider, the new car you buy today will also be $20k-30k less in 2 years? Regardless COE up or down...

But good reason to smoke our wife.

The 20k or 30k lesser has been offset by my high trade in px. Give u scenario

 

Scenario 1 (trade in now)

Car price 160,000

Trade in now 3.5 years car 60k(depn at 12k per year car)

Coe is 55k

Interest @2.28%loan at 60k=6800

 

Total cost

160k-60k+6800=106,800

 

Sceanrio 2-Trade in 2 years later(if Coe drop to 25k)

Car price -135k

Trade in px for 1 yr car-26k(depn at 6600 per yr)

Coe is 25k

Interest @3.2 %loan at 60k-9,600

Total cost of car 135k-26k+9600=118600

 

As u can see u might be better off to trade in now under sceanario 1 where u pay abt 106k to get car @55k Coe or scenario 2 is better? Pay 118600 for a car Coe @25k.

 

My 2 cents worth.

[Tenghock]

The 20k or 30k lesser has been offset by my high trade in px. Give u scenario

 

Scenario 1 (trade in now)

Car price 160,000

Trade in now 3.5 years car 60k(depn at 12k per year car)

Coe is 55k

Interest @2.28%loan at 60k=6800

 

Total cost

160k-60k+6800=106,800

 

Sceanrio 2-Trade in 2 years later(if Coe drop to 25k)

Car price -135k

Trade in px for 1 yr car-26k(depn at 6600 per yr)

Coe is 25k

Interest @3.2 %loan at 60k-9,600

Total cost of car 135k-26k+9600=118600

 

As u can see u might be better off to trade in now under sceanario 1 where u pay abt 106k to get car @55k Coe or scenario 2 is better? Pay 118600 for a car Coe @25k.

 

My 2 cents worth.

For scenario 2, you would have used the car for 2 more years than scenario 1. Your yearly depreciation should be based on 12 years as compared to scenario 1 only 10 years.

[Limwsv]

If u trade in your car now u may get as as high trade in as 40k+ . If u come 2 years later, have you considered that the current ride has no more value? Won't that work out to be same? U trade in get 20k more . But Coe cost more 20k.. Give it a thought. By 2 years time. Interest rates could be 3-4% . Have u considered /factored in higher interests.

 

I don't even understand why you bother to reply to the advice.

 

1. Losing 7K per year is a slower rate of loss than 10K per year.  that is a difference of 3K per year off the block now.  If the stream is not sold until 2017, 6K is already saved.

 

2. COE will be lower in 2017, anyone that says otherwise is living in lala land, unable to face the reality that in the next 2 years, 200 000 COE will be up for grab.  Ex-owners that bought COEs at 10K or so will be force out of car ownership by people that are willing to pay 40K or so.

 

3. Never understand why this concept of high trade-in seems to attract people in droves.  Looks at the maths:

Hold back till COE expire  ( assuming MPV drop by 20K due to drop of 20K in COE)

2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 

7K     7K    9K     9K    9K     9K     9K     9K    9K     9K    9K     9K   

Total loss = 104K for the next 12 years

 

Early trade-in (MPV are at 120K currently, I assume you are lucky and COE went low in 2026, which is unlikely but level the field)

2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

11K   11K  11K   11K  11K   11K   11K   11K  11K   11K  7K     7K

Total loss = 124K for the next 12 years

 

High trade-in is only attractive if you lack the capital to consume and needed to convert your existing car into cash to allow you to buy a new car.  Which IMHO is bad decision making, might as well save up for the next two years and buy a new car at a lower entry cost then.

[Loo]

I don't even understand why you bother to reply to the advice.

 

1. Losing 7K per year is a slower rate of loss than 10K per year. that is a difference of 3K per year off the block now. If the stream is not sold until 2017, 6K is already saved.

 

2. COE will be lower in 2017, anyone that says otherwise is living in lala land, unable to face the reality that in the next 2 years, 200 000 COE will be up for grab. Ex-owners that bought COEs at 10K or so will be force out of car ownership by people that are willing to pay 40K or so.

 

3. Never understand why this concept of high trade-in seems to attract people in droves. Looks at the maths:

Hold back till COE expire ( assuming MPV drop by 20K due to drop of 20K in COE)

2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

7K 7K 9K 9K 9K 9K 9K 9K 9K 9K 9K 9K

Total loss = 104K for the next 12 years

 

Early trade-in (MPV are at 120K currently, I assume you are lucky and COE went low in 2026, which is unlikely but level the field)

2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

11K 11K 11K 11K 11K 11K 11K 11K 11K 11K 7K 7K

Total loss = 124K for the next 12 years

 

High trade-in is only attractive if you lack the capital to consume and needed to convert your existing car into cash to allow you to buy a new car. Which IMHO is bad decision making, might as well save up for the next two years and buy a new car at a lower entry cost then.

Bear in mind u r only calculating the the depreciation, but do not forget that the current rides with low Coe are going to be losing straight 40k depn for (considering 6-7 yrs old car) 3 years once 10 yrs is up. Only parf left. If an old car going to depreciate at such fast rates, y not get a new ride that depn st same rate and also extend the Coe for 10 yrs. u get a low entry px, Ultimately ur Coe rebate will be low unlike those who trade in now will still hold high coe n can easily change car if car Coe drops.

[Limwsv]

Bear in mind u r only calculating the the depreciation, but do not forget that the current rides with low Coe are going to be losing straight 40k depn for (considering 6-7 yrs old car) 3 years once 10 yrs is up. Only parf left. If an old car going to depreciate at such fast rates, y not get a new ride that depn st same rate and also extend the Coe for 10 yrs. u get a low entry px, Ultimately ur Coe rebate will be low unlike those who trade in now will still hold high coe n can easily change car if car Coe drops.

 

Sorry, your point totally escape me...

 

I only understand cashflow and rates of loss/gain.  With the existing ride, you are losing 7K a year, in buying a new car, you are losing 11K a year.  With the old ride, you lose 40K, with your new ride you lose 60K (50% loan) + 22 K (over two years.

 

For clearer example, take those who bought a Cat B car in Jan 2015 versus holding onto their existing ride.

Old ride => consume 10K decpreciation

New ride => paper loss of 20K (COE drop by 20K since Jan 2015) + consume 12K depreciation

 

So, if the stream is trade-in, the loss will be 20K (assume COE drop by 20K to 2017) + 22K (2 x 11K depreciation/year) = 44K

Versus holding and losing 2 x 7K depreciation/year = 14K.

 

Don't see how surrendering a old car is a gain.  Cars are consumption products and depreciatiom is the only way to look at cost of consumption.

 

Anyway, if you cannot accept the point, just go ahead and buy.  As many said, buying a car is a matter of heart rather than mind.

[Invigorated]

Anyway, if you cannot accept the point, just go ahead and buy. As many said, buying a car is a matter of heart rather than mind.

For some of us, buying a car is about number and sense/cents. But for many of us, it is also the feel good factor and that explains the high coe factor. There is no wrong to this la. Pocket and butt feels good, some will just go ahead and buy lo.

[Enye]

Dcf modelling expected to be seen very soon in the great coe debate

 

 

[Ben5266]

Bear in mind u r only calculating the the depreciation, but do not forget that the current rides with low Coe are going to be losing straight 40k depn for (considering 6-7 yrs old car) 3 years once 10 yrs is up. Only parf left. If an old car going to depreciate at such fast rates, y not get a new ride that depn st same rate and also extend the Coe for 10 yrs. u get a low entry px, Ultimately ur Coe rebate will be low unlike those who trade in now will still hold high coe n can easily change car if car Coe drops.

Good. Good.

Can you buy over my stream at $55k? You can sell $60k.

I will spend $15k on taxi for the next 2 years.

Then can chut Q5 in 2018.

 

[Lala81]

err can we keep COE and when to buy a car out of this thread. there's already a f**king COE thread every 2 weeks.

Edited December 5, 2015 by Lala81

[Carbon82]

ha let's see what the new sharan can do when it come next year...

The greatest changes make to the facelifted Sharan would be:

1) Engine

    - Use 3rd generation EA888 2.0 TSI

    - 20ps (10%) more horsepower @220ps

    - 70Nm (25%) more torque @350Nm

 

2) Dash layout

    - 2nd generation infotainment system with "App-connect"

    - New steering wheel (as with the newer VW model)

 

3) New technology (most likely will be standard for Sharan hitting our shore Q1 next year)

    - Adaptive cruise control

    - Post-collision brake system

    - Blind spot monitor

    - Rear traffic alert

    - Lane assist

 

Edited December 5, 2015 by Carbon82

[Carbon82]

Y no one mention kia sorento?

 

Sorento is a 7-seater SUV, in the same league as Santa Fe, LRDS, and such.

 

Will be a good alternative for those that prefer a taller ride (for better visibility), BUT not for old folk with difficulty in handling steps. Such 7 seater are quite high, unlike crossover such as GLA, QQ, etc.

[Heartlander]

The existing Sharan osners would be so pleasesd with the facelift.

[Carbon82]

You post this kind of picture, how our brother here convince their wife to get a full size MPV in the future?  

[Enye]

The existing Sharan osners would be so pleasesd with the facelift.

Why pleased? Already bought liao cannot be change car due to facelift right?

 

 

[Carbon82]

Hi, I have never driven an MPV before.

But due to family needs, I am thinking of switching to one.

 

Havent really done much research yet, but I would like your comments between Alphard and Oddy.

If you need lots of space, especially beside family needs, such as fetching / ferrying customer around, than Alphard / Vellfire or Elgrand would be the one for you. Else, Odyssey, Estima or Sharan shall be good enough for they are full size MPV with ample passenger and boot space.

[Carbon82]

Why pleased? Already bought liao cannot be change car due to facelift right?