Car buyer's guide : Can you afford that car? How to calculate downpayment & monthly installments

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  • Опубліковано 14 гру 2024

КОМЕНТАРІ • 43

  • @PJWALL89
    @PJWALL89 3 роки тому +12

    Make video 0$ down payment for new and uesd car

    • @CarLifeSG
      @CarLifeSG  3 роки тому +4

      i'll see if i can get into that

  • @hongsonglim754
    @hongsonglim754 3 роки тому +5

    Great video and presentation, now I have quite a understanding about the loan.

  • @uncool005
    @uncool005 3 роки тому +5

    Great video ! Useful. The intro with lambos was funny 😂

  • @dsjc_
    @dsjc_ 3 роки тому +1

    That was strangely satisfying and enjoyable haha, and the intro was funny

  • @zhengweiguo7659
    @zhengweiguo7659 2 роки тому

    Thank you for sharing! Is useful for us first time buyer🙌🏻

  • @nikkiromero19
    @nikkiromero19 3 роки тому +1

    Would like more on car finances. Common topics like
    Insurances - Got what way to bring down? Taking over a family member's NCD? Putting under family member's name?
    Downpayment, can the other schemes benefit buyers? Like $0 downpayment or $0 driveaway or $5K driveaway etc
    Higher interest $0 downplay loans - got benefit? Etc
    Great video! Thank you! =)

    • @CarLifeSG
      @CarLifeSG  3 роки тому

      thanks ! will look into the above

  • @CWJY68
    @CWJY68 3 роки тому +2

    Nice video man! can you show how to calculate at 10 years the money you get back?

  • @believe88
    @believe88 3 роки тому +5

    Video didn felt long cos it was informative. I'm earning 6k and thinking of buying a parf car

    • @CarLifeSG
      @CarLifeSG  3 роки тому

      thank you 🙏go for it

  • @ramliyusoff3153
    @ramliyusoff3153 3 роки тому +4

    Hi, i enjoy the video very informative..next might able to share buying a coe paid vs parf ? Pros and cons ..5yrs or 10yrs better etc? …thanks keep u the gd reviews
    Btw Bmw 1 series review pls diesel vs petrol

  • @joelmathews1013
    @joelmathews1013 2 роки тому

    Very very informative video! Thanks for the detailed presentation bro.

  • @isaacimmanuelanthony9921
    @isaacimmanuelanthony9921 2 роки тому

    Hi bro, just wondering if I am looking to get a evo 10 gsr, how much do I need to be earning monthly to be able to afford it? Love the vid👌🏾

  • @tongmatt
    @tongmatt 3 роки тому

    Great vid, how about “overtrade” option?

    • @CarLifeSG
      @CarLifeSG  3 роки тому

      Over trade is basically a discount, but phrased that way so as to not dilute the branding (amongst other reasons) 👌🏻

  • @jazzyflames
    @jazzyflames 3 роки тому

    Hi sir thanks for the videos make care to share top 5 cheapest OPC new car calculations. As now COE is so high. Thank you so much.

  • @naztan5593
    @naztan5593 3 роки тому

    Should do a golf tsi review!

  • @jwanglerz8500
    @jwanglerz8500 8 місяців тому

    Bro, mind share if buy this car and use for 2 years, then decided to sell it. In total how much we will lost if sell the car after 2 years use

  • @dessertspring6206
    @dessertspring6206 3 роки тому

    After COE expires, car owner has to pay for renew for another 10 years? How much will be renew cost? Any regulations regarding ceiling limit of car’s service years? Thanks

  • @MohamedIbrahim-ni3dm
    @MohamedIbrahim-ni3dm 3 роки тому

    Can you do a video on how to negotiate car prices and how to get the BEST deal? 👍🏽

    • @CarLifeSG
      @CarLifeSG  3 роки тому +5

      To get the best deal, buy from the desperate

  • @Wendaykor
    @Wendaykor 3 роки тому

    Does depre only matter if you plan to drive for a longer term?

    • @CarLifeSG
      @CarLifeSG  3 роки тому

      it matters all the time

  • @benjaminong9854
    @benjaminong9854 3 роки тому

    Hi thank you for this useful information! Would like to know more about high loan/ 100% loan. Is it even possible in SG?

    • @roincec
      @roincec 3 роки тому +1

      It is possible. But your interest is sky high.
      Car dealers will just declare a higher price to the bank to get a higher loan. That is how people get high loan/100% loan.
      But the more u borrow, the more interest you have to pay.

    • @benjaminong9854
      @benjaminong9854 3 роки тому

      @@roincec but MAS allow that? Because I thought on their website they state only can borrow 30 or 40% only depending on the OMV.. didn’t state about full loan. PS, I’m not a car owner yet so abit confuse haha

    • @roincec
      @roincec 3 роки тому +3

      @@benjaminong9854 lets say u need to buy a car at 100k. You need want to take full loan.
      Aka, a loan of 100k.
      The dealer will declare to bank, you buying car at 142k. You have already "paid" 30% of the car price at 42k. So you loan a "70%" of 142k at 100k.
      There is no law about how much the car must cost. They only say u cannot take more than 70% loan. That is how they break the loophole.

    • @benjaminong9854
      @benjaminong9854 3 роки тому

      @@roincec i see. Well played by the car dealer 😂 thanks for the information! Now I understand

    • @CarLifeSG
      @CarLifeSG  3 роки тому +3

      u can do the next video 😆

  • @jacobchg23488
    @jacobchg23488 3 роки тому

    Hi, will you choose Is250 or markx as daily?

    • @CarLifeSG
      @CarLifeSG  3 роки тому +4

      never driven either so i cant be sure. but probably an IS250 because it looks better

  • @matchamochiiii
    @matchamochiiii 3 роки тому +2

    reminds me of my math lessons haha

    • @CarLifeSG
      @CarLifeSG  3 роки тому

      haha luckily most things are already spelt out in sgcarmart

  • @domq1543
    @domq1543 3 роки тому +3

    Buying cars in Singapore is totally not worth it, smart people don't do it.