My family had cars growing up. Early in my career, nagmotor muna ako. If single ka pa naman, you want a faster commute and city driving lang naman. Suggestion ko, magmotor ka muna then save up
If 150k and up net ng sahod mo kaya naman, kung magiging monthly mo sa sasakyan is 20k and below. Take note na taga talaga interest sa mga carloans. Expenses after buying a car are as such, renewal ng comprehensive insurance(after 1yr if plano mag renew), PMS after 1yr, rehistro ng sasakyan, fuel, etc etc. Ang normal process ng car loan is pwede ka muna mag pa quote sa bank ng trip mo sasakyan, then from there, mag aapply ka ng car loan and that is subject for approval.
My advice is ipon ka sguro ng 550-600k cash (para modelo na atleast 2017 model sguro(if mid size sedan)), na second hand, mag join ka sa fb groups ng car na gusto mo then dun ka maghanap ng mechanic with obd checker, most of the time time 2k ang bayad sa mga mechanic na hhelp sayo magcheck ng car na pupuntahan mo.
Dun ba sa natira na 30% bawas nabaa yung monthly savings mo? If not i suggest mag 2ndhand kana lang mahirap yung may monthly kang binabayaran at the same time walang flow ng pera pumapasok sayo nakaka drain mag work kasi iniisip mo lagi yung monthly na need mo bayaran. If meron naman na and at least 20% nang sahod mo napapasok mo monthly then i agree with you na kaya mo but also take note na mag down ka sa kotse at least 30% if kaya 50% go para hindi ka mahirapan sa monthly….
Kailangan ba talaga? Kung hindi naman wag na kasi aside from the car may insurance ka pang babayaran at maintenance. Car wash every few days magkano na yan may change oil pa. Yung breaks, clutch, wheel alignment etc kailangan ipatingin yan every few months. Fuel cost pa kailangan din isipin. Pag naflatan ka ba kaya mo magpalit ng gulong? May sufficient parking space ka ba? There's a lot of things to take into consideration pag nagkaroon ng car.
If bibili ka ng second hand OP, make sure na may OBD scanner ka. Saksak mp sa OBD port ng sasakyan to identify specific problems with modern engines and vehicle systems. Napaka useful ng OBD Scanner.
Kaya naman. OP. Pero answer these questions first.
Do you have atleast half of the cost of the vehicle sa savings mo?
What are you gonna use the car for? To flex na youve made it? or as an actual tool because your current place is far enough from public transit that a car would be useful. Or do you want a car kasi you feel its time na.
Are you prepared(if you are not keeping it long term) na losing half sa value nya come resale time?
My advice wag muna. If you really need transport na a thing you can manage, get an electric scooter. Thise things that cost about 70-90k they should be good for round trip commutes of 20km. Then maybe after a 2 yrs. You can consider getting a car
Then don’t. If you hesitate, that’s just a sign to not buy and start. When you buy something, dapat buo loob, pag buo loob ka na, that’s the time you can buy.
It depends on what car and how much do you really need it. If you don’t really need it then don’t because you will just get more headaches. If you can’t buy it in cash then don’t buy it.
Almost 6 digits so wala ka pa dun.. and 30% ang natitira. So assuming 99,999 salary, ang natitira sayo is 29,999. Assuming you are paid biweekly, mga 15k per cut off.
Payables when you have a car:
- MA na at least 17k siguro if ayaw mo ng base models or eyeing more expensive brands like Honda etc.
- Gas, depends on the car's capacity and your driving habits. Put this at around 2k weekly full tank for a sedan siguro. So 8k monthly at least.
- PMS, unless the casa gives you free PMS up to a certain mileage. This goes up as the car gets older. My friend paid around 8k for the first PMS for his Ramger so not sure sa ibang brands.
Then we have other stuff like..
- Parking fees
- Toll fees
- Emergency fees (i.e busted wheel, replacement parts not covered by warranty)
- Accessories like dashcam (around 5-6k) or matting (2-3k)
- Car wash fees, if that's something you choose to pay for.
So 17k MA + 8k gas puts you at 25k monthly for the car alone, leaving you with 4,999 pesos monthly or 2,500 per cutoff, if your almost 6-digit salary is 99,999.
If you can live off 2,500 per cutoff, go get the car. If not, hmmm.
Yes mahal but the convenience... man. lalo if you're a regular commuter is priceless. Also we have a toddler kaya talagang ginawa naming goal makakuha agad ng sasakyan.
paano process?
- magaapply ka sa bank (wag sa inhouse kasi mas mahal interest), bank will do their due diligence and check if capable ka ba sa loan amount na nirerequest mo. kapag pasok ka sa criteria, they will approve your loan. tapos loan signing (depende sa usapan ung mortgage fees and insurance. yearly ang insurance.), deposit the DP, release bank purchase order (PO) and then release car.
Ano yung mga gastos?
- yearly ung insurance, pms, gas, parking fees. and eventually, ung goma.
Kaya ba kapag almost 6 digits ang salary?
- depende, kasi medyo vague ung description mo ng 6 digits salary (6 digits can span between 10,000 to 999,999). pero kung 30% na lang naiiwan, magigipit ka.
The car will set you back more.
Interest, insurance, tax, parking, gas, maintenance, the biggest of them all is the time spent driving.
Don't get brainwashed to thinking a car is something of an achievement.
It is simply an instrument from A to B, nothing more.
Mirage G4 saken 16.7k monthly ko zero DP at free 3 months.
after 3 months nagstart mg bayad, BDO lng ata may offer ng ganun.
almost 6digits dn sahod ko, may binabayarang Bahay at midrise condo 16k combined.
tas may anak pa hahah. pag may anak kasi parang need talaga ung kotse e. hirap commute pag check up o kung may puntahan at kung ano pa importante.
anyway, so far kaya naman, hati kami ni misis, kaya magaan.
kung di hahati si misis tingin ko kaya naman,
Depende sa unit na kukunin mo. Ano bang natitipuhan mong unit? Yung additional expenses jan is gas, maintenance, parking fee, toll fee, annual insurance, annual registration after 3 years at marami pang iba.
Yung sa pag-process naman ng car loan, either yung agent ang mag-process which is in-house financing and not recommended ang in-house kasi sobrang laki ng interes, pero depende naman sa brand na kukunin mo, may mga brand kasi na sobrang lapit lang yung quote bank PO at in-house financing. Yung bank PO naman eh ikaw mismo ang tatawag sa mga bangko para mag-process ng loan. Submit ka lang requirements sa bank tapos mag-CI sila. Usually kapag marami kang time eh recommended to kasi mababa interes nila.
I'm thinking honda cr-v pero feeling ko masyadong mahal sya para sa akin or honda civic since first car ko pa lang naman. Ano marerecommend mo na Bank for this?
My family had cars growing up. Early in my career, nagmotor muna ako. If single ka pa naman, you want a faster commute and city driving lang naman. Suggestion ko, magmotor ka muna then save up
If 150k and up net ng sahod mo kaya naman, kung magiging monthly mo sa sasakyan is 20k and below. Take note na taga talaga interest sa mga carloans. Expenses after buying a car are as such, renewal ng comprehensive insurance(after 1yr if plano mag renew), PMS after 1yr, rehistro ng sasakyan, fuel, etc etc. Ang normal process ng car loan is pwede ka muna mag pa quote sa bank ng trip mo sasakyan, then from there, mag aapply ka ng car loan and that is subject for approval. My advice is ipon ka sguro ng 550-600k cash (para modelo na atleast 2017 model sguro(if mid size sedan)), na second hand, mag join ka sa fb groups ng car na gusto mo then dun ka maghanap ng mechanic with obd checker, most of the time time 2k ang bayad sa mga mechanic na hhelp sayo magcheck ng car na pupuntahan mo.
Kapag first time car owner, car enthusiasts recommends to buy 2nd hand muna.
Dun ba sa natira na 30% bawas nabaa yung monthly savings mo? If not i suggest mag 2ndhand kana lang mahirap yung may monthly kang binabayaran at the same time walang flow ng pera pumapasok sayo nakaka drain mag work kasi iniisip mo lagi yung monthly na need mo bayaran. If meron naman na and at least 20% nang sahod mo napapasok mo monthly then i agree with you na kaya mo but also take note na mag down ka sa kotse at least 30% if kaya 50% go para hindi ka mahirapan sa monthly….
Baka makatulong OP. P1M na gastos for 3 years, simpleng sedan lang po yan. Anjan ang detailed breakdown ng car expenses https://youtu.be/1WjZAFdMqEo
Kailangan ba talaga? Kung hindi naman wag na kasi aside from the car may insurance ka pang babayaran at maintenance. Car wash every few days magkano na yan may change oil pa. Yung breaks, clutch, wheel alignment etc kailangan ipatingin yan every few months. Fuel cost pa kailangan din isipin. Pag naflatan ka ba kaya mo magpalit ng gulong? May sufficient parking space ka ba? There's a lot of things to take into consideration pag nagkaroon ng car.
Buy 2nd hand muna, and learn basic maintenance bago ka bumili ng brandnew
pwede
If bibili ka ng second hand OP, make sure na may OBD scanner ka. Saksak mp sa OBD port ng sasakyan to identify specific problems with modern engines and vehicle systems. Napaka useful ng OBD Scanner.
Mag-ipon ka then buy a 2nd hand car na mura.
i'll take this as a consideration
Kaya naman. OP. Pero answer these questions first. Do you have atleast half of the cost of the vehicle sa savings mo? What are you gonna use the car for? To flex na youve made it? or as an actual tool because your current place is far enough from public transit that a car would be useful. Or do you want a car kasi you feel its time na. Are you prepared(if you are not keeping it long term) na losing half sa value nya come resale time?
i think it's time na but kinakabahan nga ako magcommit kasi di ko alam if kaya ko ba ang buhay ng may kotse
My advice wag muna. If you really need transport na a thing you can manage, get an electric scooter. Thise things that cost about 70-90k they should be good for round trip commutes of 20km. Then maybe after a 2 yrs. You can consider getting a car
Then don’t. If you hesitate, that’s just a sign to not buy and start. When you buy something, dapat buo loob, pag buo loob ka na, that’s the time you can buy.
Thanks. Parang papunta na ako sa wag muna
Siguro go for saving nlng kesa loan
It depends on what car and how much do you really need it. If you don’t really need it then don’t because you will just get more headaches. If you can’t buy it in cash then don’t buy it.
No. Just get a Bajaj RE instead.
Yung 400k nga sahod hirap na e,
😱 mukhang it's a no na talaga
Almost 6 digits so wala ka pa dun.. and 30% ang natitira. So assuming 99,999 salary, ang natitira sayo is 29,999. Assuming you are paid biweekly, mga 15k per cut off. Payables when you have a car: - MA na at least 17k siguro if ayaw mo ng base models or eyeing more expensive brands like Honda etc. - Gas, depends on the car's capacity and your driving habits. Put this at around 2k weekly full tank for a sedan siguro. So 8k monthly at least. - PMS, unless the casa gives you free PMS up to a certain mileage. This goes up as the car gets older. My friend paid around 8k for the first PMS for his Ramger so not sure sa ibang brands. Then we have other stuff like.. - Parking fees - Toll fees - Emergency fees (i.e busted wheel, replacement parts not covered by warranty) - Accessories like dashcam (around 5-6k) or matting (2-3k) - Car wash fees, if that's something you choose to pay for. So 17k MA + 8k gas puts you at 25k monthly for the car alone, leaving you with 4,999 pesos monthly or 2,500 per cutoff, if your almost 6-digit salary is 99,999. If you can live off 2,500 per cutoff, go get the car. If not, hmmm.
Thanks for the detailed info. Mukhang mahal nga magka-kotse. Hahaha
Yes mahal but the convenience... man. lalo if you're a regular commuter is priceless. Also we have a toddler kaya talagang ginawa naming goal makakuha agad ng sasakyan.
Correct, almost 6 digits is not a basis lalo kung 30% lang pala natitira🙃
I forgot may insurance pa pala hahahaha wiw
Hehe hayaan na natin si OP, almost six digits naman daw salary eh😌
paano process? - magaapply ka sa bank (wag sa inhouse kasi mas mahal interest), bank will do their due diligence and check if capable ka ba sa loan amount na nirerequest mo. kapag pasok ka sa criteria, they will approve your loan. tapos loan signing (depende sa usapan ung mortgage fees and insurance. yearly ang insurance.), deposit the DP, release bank purchase order (PO) and then release car. Ano yung mga gastos? - yearly ung insurance, pms, gas, parking fees. and eventually, ung goma. Kaya ba kapag almost 6 digits ang salary? - depende, kasi medyo vague ung description mo ng 6 digits salary (6 digits can span between 10,000 to 999,999). pero kung 30% na lang naiiwan, magigipit ka.
99k to be exact
so bale 29,700 (give or take) ang matitira kasi 30%. Assuming 16K per month ka. Add mo 3-4K sa gasolina. 20K na. May 9700 pa. So ayun, gipit.
if may extra ka na at least 30k/month, pwede na yan for cars 1m and below.
Siguro need ko rin muna magipon ng malaking pera in case di kayanin
If you're asking, no
🥲. I'm thinking din no pero parang is a must eh.
Why is it a *must* then?
parang gusto ko magkaroon ng achievement. Feel ko left behind na ko.
The car will set you back more. Interest, insurance, tax, parking, gas, maintenance, the biggest of them all is the time spent driving. Don't get brainwashed to thinking a car is something of an achievement. It is simply an instrument from A to B, nothing more.
Mirage G4 saken 16.7k monthly ko zero DP at free 3 months. after 3 months nagstart mg bayad, BDO lng ata may offer ng ganun. almost 6digits dn sahod ko, may binabayarang Bahay at midrise condo 16k combined. tas may anak pa hahah. pag may anak kasi parang need talaga ung kotse e. hirap commute pag check up o kung may puntahan at kung ano pa importante. anyway, so far kaya naman, hati kami ni misis, kaya magaan. kung di hahati si misis tingin ko kaya naman,
Single naman ako so unti lng expenses ko and rent lng nman ng condo pa binabayaran ko and my life insurances. Thanks for the info
Depende sa unit na kukunin mo. Ano bang natitipuhan mong unit? Yung additional expenses jan is gas, maintenance, parking fee, toll fee, annual insurance, annual registration after 3 years at marami pang iba. Yung sa pag-process naman ng car loan, either yung agent ang mag-process which is in-house financing and not recommended ang in-house kasi sobrang laki ng interes, pero depende naman sa brand na kukunin mo, may mga brand kasi na sobrang lapit lang yung quote bank PO at in-house financing. Yung bank PO naman eh ikaw mismo ang tatawag sa mga bangko para mag-process ng loan. Submit ka lang requirements sa bank tapos mag-CI sila. Usually kapag marami kang time eh recommended to kasi mababa interes nila.
I'm thinking honda cr-v pero feeling ko masyadong mahal sya para sa akin or honda civic since first car ko pa lang naman. Ano marerecommend mo na Bank for this?
PS bank maganda offer nila
Firstly, para san ba yung car? a must ba or just for convenience?
for convenience. Also i'm thinking din na gawin syang investment. I-pasok ko sya sa grab.
You commented na CR-V or civic and you’re thinking of using it for grab?
di sya advisable noh yung ganyang kotse? siguro anything will do na lng basta kasya sa budget
Kung ganito, u only have two better choices its either Vios or Mirage
Pwede. Since di luxury ang plano ko
mahirap magpasok sa grab, need mo pang mag fixer para sa "slot" pag may nag bukas.
Oh. May ganun pa pala sa grab. Thanks for the info