1 shot payment

zichuan SG

if a car is 20-25k can we 1 shot pay finish? coz its not like 50k+ whereby need dwnpayment. 20-25k still affordable to 1 shot pay finish?

camomile SG

20k take loan lor , 20k for 7 yrs u count .

20000 x 7 x 3%

interest = 4200

4200+20000 =

24200/ 84 mths = $288 monthly =)

i think this will be better den 1 shot payment who knows when u suddenely need money or when u selling ur cash to buy a better car ..

dryver SG

y not? cheaper than taking a loan and paying the interest

SeeTees SG

You buying new car? Check with the car distributor if penalty charges imposed or not for one shot payment. Due to the fact that showrooms pocket commission for encourging customers to take up in house finance, if you pay one shot you will be surcharged some 1~4k on top of the selling price. Do consider this point. If you buying 2nd hand, by all means yes go ahead if you got enough left in your pocket for (not rainy but) Tsunami days.

nOrmalbOi SG

got new car costing 20 - 25k meh?

Surprised

huoye SG

teach u a trick...........go bargain the price and freebies first.......den after everything den say u pay 1 shot.

If after the dealer dun agree to wad he say previously den say nvm u find other dealer lor........after all for 25k most likey u only COE cars and there is plenty of COE cars available

SeeTees SG

Y not? OPC Proton Wira/Kia Picanto/Kelisa. I was contemplating this these few weeks also thats y i tot abt it as well.

tiongchias SG

1 shot payment can’t get more freebies

huoye SG

ehhh…...if a person can afford 20k i guess he shld be earning enough to not get an OPC car.

pqr SG

is the value of freebies worth more than the interest needed to be paid???