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

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

Post by zzm9980 » Thu, 23 Feb 2012 3:33 pm

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?

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Post by nutnut » Thu, 23 Feb 2012 5:25 pm

$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! ;)
Last edited by nutnut on Fri, 24 Feb 2012 2:53 pm, edited 1 time in total.
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Post by zzm9980 » Thu, 23 Feb 2012 9:45 pm

What's an "f" car company?

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Post by Strong Eagle » Thu, 23 Feb 2012 10:04 pm

zzm9980 wrote:What's an "f" car company?
Maybe 'of'?

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Post by nutnut » Fri, 24 Feb 2012 7:58 am

yes, of (of course!)

So picky lah, ask for advice and then pick pick pick... Cannot!
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Post by zzm9980 » Fri, 24 Feb 2012 8:52 am

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.

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Post by nakatago » Fri, 24 Feb 2012 8:58 am

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. :-|
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Post by x9200 » Fri, 24 Feb 2012 9:18 am

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.

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Post by x9200 » Fri, 24 Feb 2012 9:24 am

Nutnut, please do not run your private crusade against the Presto Expat (and any other company) within this forum.

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Post by JR8 » Fri, 24 Feb 2012 9:37 am

x9200 wrote:Nutnut, please do not run your private crusade against the Presto Expat (and any other company) within this forum.

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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

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Post by x9200 » Fri, 24 Feb 2012 9:57 am

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.

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Post by zzm9980 » Fri, 24 Feb 2012 10:41 am

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.

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Post by nutnut » Fri, 24 Feb 2012 10:42 am

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.

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Post by nutnut » Fri, 24 Feb 2012 2:54 pm

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. :)
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Post by zzm9980 » Fri, 02 Mar 2012 3:14 pm

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?

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