Cheaper upfront but depre not much cheaper than new car.. $15k
for 4 yrs left.. around $3.8k a year. A new lower-end saloon car
around $50k (less PARF of about $10k) = $40k/10years = $4k a year..
that's why its almost the same when you count monthly (not
including other factors yet)
Assuming you loan $10k for the civic, interest is roughly 4% a
year.
BREAKDOWN (mthly)
Car instalment : $308
Loan interest : $33
Road Tax : $125
Insurance : $60-120 (depending on ur NCB)
Season parking : $90 (MSCP)
Coupon/external parking : $20 (going out, etc)
Fuel : $200
= avg of about $900/mth, not including maintenance and fines
yet
Cheapest choice is an OPC (weekend plate) Chery QQ! 
Even considered one myself.... haha...
