@johnny4christjesus With that in mind, loan calculator shows its going to be around 320 per month at 3% interest for 9 years. If lower tenure then will it has lower interest or higher?
If I stretch for 9 years loan realistically it is already lower then the expected annual maintenance cost of the inspira. But then the interest might bite me back... but... i should be able to make full settlement in less than 5 years, considering my current cashflow with 9 years tenure.
@giagwe 9 years = 27% interest
5 years = 15% interest
Just take the 5 year loan if you are able to afford it... At least save you lots of hassle of the old car having problems...
If you have been driving a very old Toyota I wouldn't advise you to change since they are durable.. other cars have more unexpected issues unfortunately.... Such as an engine failure that might cost you a bomb..
@giagwe Since Inspira is known with as the manja car, I recommend you to just sell it. You might want to consider other affordable, easy to maintain second hand car like Proton Saga FLX @ Proton Persona SV if you still wish to use Proton. Avoid Gen2, Preve, Suprima and Perdana at all cost.
@giagwe have a similar car. mileage also 200k. if you have been maintaining all the while it should be so sudden.
if you're gonna buy another used car, unless it's under 5 years old, you're going to be stuck with the same repair bills. you can say japanese cars are better made bla bla. wear and tear is wear and tear. it still has to be replaced.
@giagwe You're not going to get 20k for it. Those are probably dealership price. Maybe get a quote from companies like Carsome for more accurate numbers.
@sinneruk Im using 2.0p as well. Gotta admit, no engine below 2.0 and no 90k car today can ever replace it(considering its initial price was 90+k back then). But its getting more and more expensive for me to repair it every year.
The goal here is to get a car with lower maintenance than this inspira, possibly for the next 5 years, after that i just might be able to afford a mazda 3 or any 2000cc car after that. Comfortably ofcourse.