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<blockquote data-quote="Lee36328" data-source="post: 707581" data-attributes="member: 113">Met up w some old friends. Told them about my recent car project.&quot;Why don&#039;t u sell the car and buy a new car?&quot;, was the response, typical.I asked what car I could buy for the same amount of money.&quot;Altis?&quot;How much?&quot;About RM100k.&quot;But that&#039;s way more than what I spent doing up my car.&quot;Yeah, but the maintenance would be lower.&quot;So, let me get this straight. You&#039;re saying it makes more sense to incur more debt, about RM100k, pay interest on that for 5 years, while it depreciates by more than RM50k in that time, and drive a Toyota instead of a BMW.&quot;Yeah, but the maintenance would be lower.&quot;This from a guy who bought a Volvo brand new at more than RM200k. and sold it a couple of years back for RM20k. &quot;It just doesn&#039;t make sense&nbsp; to me.&quot;I said it&#039;s ok, I would be worried about my decision if it made sense to you.</blockquote>

[QUOTE="Lee36328, post: 707581, member: 113"] Met up w some old friends. Told them about my recent car project. "Why don't u sell the car and buy a new car?", was the response, typical. I asked what car I could buy for the same amount of money. "Altis?" How much? "About RM100k." But that's way more than what I spent doing up my car. "Yeah, but the maintenance would be lower." So, let me get this straight. You're saying it makes more sense to incur more debt, about RM100k, pay interest on that for 5 years, while it depreciates by more than RM50k in that time, and drive a Toyota instead of a BMW. "Yeah, but the maintenance would be lower." This from a guy who bought a Volvo brand new at more than RM200k. and sold it a couple of years back for RM20k. "It just doesn't make sense to me." I said it's ok, I would be worried about my decision if it made sense to you. [/QUOTE]

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