Hi,
As mentioned, I used to drove a Nissan March before..... an its a
1998 one as well, in June.
Sold it last April or May I believe, almost 5 yrs old at 35k. The
depreciation I for then was S$4,800 as I bought it at 47k with 6
yrs and 8 mnths left. But of cause, i bought directly from owner
thus the price.
Oh by the way mine is an auto one.
Your depreciation is a little steep. Now market for 2nd hand car is
bad, thus I believe you can still push down the figures by a few
thousands. Believe a depreciation of 5k will be nice and
achievable. Just try, no harm done.
Nevertheless, the March is a very good car. The 98 model has full
leather interior and 4 power windows and steerling as well. Easy to
maintain and cheap spare parts if done at outside workshop. The car
should have no problem lasting till its scrap.
Or if you want cheaper alternative, maybe you can consider the Kia
Picanto or Perduoa Kelisa. The depreciation should be 4.5-4.6k a
yr. Or the Hyundai Atos for 2nd hand car. But of cause, I believe
the March quality is much better.
Just some infor to share and hope you find it useful.