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What to do with a car stipend of $1250/month?

Posted: Thu, 23 Feb 2012 3:33 pm
by zzm9980
Hi,

Say a someone had a car stipend of $1250/month. What is the best option available for the least cash outlay? Do they have "no down payment" options in Singapore for new or used vehicles? Would 1250 even be enough in such a case? Or are one of the long-term rental companies the only option? Can one rent anything better than an econo-box Korean car for that price?

Posted: Thu, 23 Feb 2012 5:25 pm
by nutnut
$1250 a month wont get you much for a rental, maybe a 4 year old Altis at a push!

However, you could get a decent enough 5 year old second hand motor for that and a lot f car companies will allow you to pay only $500 deposit and only the first month's finance on it. (and the transfer fee which is now $11 only :) )

Good luck with your car search, oh, and don't go anywhere near edit: The dealership I used with a barge pole! ;)

Posted: Thu, 23 Feb 2012 9:45 pm
by zzm9980
What's an "f" car company?

Posted: Thu, 23 Feb 2012 10:04 pm
by Strong Eagle
zzm9980 wrote:What's an "f" car company?
Maybe 'of'?

Posted: Fri, 24 Feb 2012 7:58 am
by nutnut
yes, of (of course!)

So picky lah, ask for advice and then pick pick pick... Cannot!

Posted: Fri, 24 Feb 2012 8:52 am
by zzm9980
I legitimately thought it might be a specific type of... "something" here. I really didn't know!!

So I've been here 10 months now, and have yet to see a used car dealer. Admittedly most of my time is spent in a few specific areas though around CBD, the East, then the normal places around Orchard. Where can I go to find a "decent" used car place? Are there any semi-trustable online sources? I've seen a few, but werent sure if they were scams or not.

Posted: Fri, 24 Feb 2012 8:58 am
by nakatago
zzm9980 wrote:I legitimately thought it might be a specific type of... "something" here. I really didn't know!!

So I've been here 10 months now, and have yet to see a used car dealer. Admittedly most of my time is spent in a few specific areas though around CBD, the East, then the normal places around Orchard. Where can I go to find a "decent" used car place? Are there any semi-trustable online sources? I've seen a few, but werent sure if they were scams or not.
The car mall, several blocks past Commonwealth station, westward. Just before the gas/petrol station.

I wouldn't know about the quality of their cars or service; I can't afford one so I don't bother. :-|

Posted: Fri, 24 Feb 2012 9:18 am
by x9200
There are tons of the car dealers around and a few major hubs. Google out for used cars classified, identify the dealers, check their location and see where it leads you to. Besides the one Nak mentioned, there a huge hub at the Turf City and another big one in the Ubi area (Automart). And the answer to your 2nd and 3rd question is "yes", depending of course on your needs and driving habits.

Posted: Fri, 24 Feb 2012 9:24 am
by x9200
Nutnut, please do not run your private crusade against the Presto Expat (and any other company) within this forum.

Moderator

Posted: Fri, 24 Feb 2012 9:37 am
by JR8
x9200 wrote:Nutnut, please do not run your private crusade against the Presto Expat (and any other company) within this forum.

Moderator
Could you clarify what a 'private crusade' is? Can't say I've ever heard of the company mentioned before...

p.s. I simply ask as in my opinion some suppliers of goods and services in SG are totally $hitty, but I don't want Mods breathing down my neck for alluding to that opinion.

Ta

Posted: Fri, 24 Feb 2012 9:57 am
by x9200
Well, he posted comments like this twice within few days. He did not give any justification of any kind for his comments and they more look like seeking the context rather than context triggered if you know what I mean. Everybody can express her/his opinion but if the word "dealership" (whatever) makes someone to write "PE are bad" then I don't think it is right.

Posted: Fri, 24 Feb 2012 10:41 am
by zzm9980
I personally welcome such input since based on the replies it's obvious I may be looking for dealerships to visit, but it's your site.

Posted: Fri, 24 Feb 2012 10:42 am
by nutnut
Just trying to advise to help the regulars, everyone can use them then, no issue, if they wish, who am I to say anyway huh?

Edit: If its so bad, just delete the posts.

Nut

Posted: Fri, 24 Feb 2012 2:54 pm
by nutnut
In respect of the rights to anonymity of the said dealership, I have since adjusted my post. I hope this meets your requirements!

As always, just trying to inform. :)

Posted: Fri, 02 Mar 2012 3:14 pm
by zzm9980
Ok so, working out the numbers on a used car here. What extras should I account for besides the monthly payment of the car itself?


Road tax = Included in car payment, correct?

Parking at HDB = No idea what this costs, or how to even "pay" for it. input?

Parking at Work = Free

ERP charges = variable

Gas / Petrol = ~$2.20 per Litre it seems, which is about a quarter gallon.. Ugh. Now I know why Bush spent so much bombing the Middle East :P

Car Insurance = Any online sites I can get a quote? If not, a rough guideline on how to calculate?

Anything else?