what the best car for 30k downpayment montly below 1k..???

[remyzahran]

im plan to get civic 8 gen 1.8 or 2.0....ok ka???

 

[remyzahran]

 

[steven7810]

mazda 3 2.0 sedan ON THE ROAD RM134K...INTEREST RATE 3.15%
STEVEN MAZDA 017-2392780

 

[DanzEterna]

better go for 2.0 bro, higher resale value.

 

[yeehau86]

im plan to get civic 8 gen 1.8 or 2.0....ok ka???

For 30k downpayment, 100% confirm that you can't get the 2.0 version for monthly installment below 1k, given that the interest rate is 4.00% flat per annum (in reality it is more than that) with maximum 9 years loan duration. Minimum you have to pay 1.2k approximately per month given that you are taking loan about close to 100k plus the interest rate at the end of maturity you need to pay about 135k. In other words, you have to pay the bank about 36k for just the interest rate itself.

Even for the 1.8, you still need to pay slightly above 1k installment, close to 1.1k. Either you increase your downpayment to reduce the monthly installment or get another car in my opinion. Not worth to force yourself to buy a nice car and then have to struggle for 9 years.

 

[remyzahran]

For 30k downpayment, 100% confirm that you can't get the 2.0 version for monthly installment below 1k, given that the interest rate is 4.00% flat per annum (in reality it is more than that) with maximum 9 years loan duration. Minimum you have to pay 1.2k approximately per month given that you are taking loan about close to 100k plus the interest rate at the end of maturity you need to pay about 135k. In other words, you have to pay the bank about 36k for just the interest rate itself.

Even for the 1.8, you still need to pay slightly above 1k installment, close to 1.1k. Either you increase your downpayment to reduce the monthly installment or get another car in my opinion. Not worth to force yourself to buy a nice car and then have to struggle for 9 years.

yes...not a new one...used car....below 100k....