udm;218543 said:
dear geoffrey,
that helps.
yeah im thinking about that kind of loan monthly repayment.
how much will insurance and road tax cost for a year?
is yours a 318? how is the fuel comsumption?
I took 3 years loan only and with 20K downpayment so repayment is higher then RM600.. RM600 is base on RM25K loan for 5 years and downpayment of RM20K
Personally, I would prefer cash buy. Take your time and find a reasonalble E36 with full bodykit and rims of RM25K-30K (year 1993-1995) 318i better if manual. Then take your time to repair it to tip top condition. To bring it back to almost new, RM15K is enough. You will enjoy the fun..
Insurance is about RM850 per year as the insured amount is RM50K
Roadtax is about RM325 per year.
Do remember, it is not a new car, and even it is new, you need to spend $$$ to sayang it.. Prepare RM500 per month for the first 5 months. Initial expense upon getting your car is about RM2000-5000.
When you meet the seller, do ask for the car to be checked by good workshop. If you dont know anyone then go to MSpeed or my regular workshop at Kuchai Lama.
After receive my ride last month, I do agree with many... it is B-Banyak, M-Masuk, W- Workshop. Also BMW = Banyak Makan Wang.
Even now, after all are fixed and done.. sometime I have this feeling of selling it for newer car.
Do think carefully before you buy.. dont rush. Please dont rush. Come for TT and take a ride with our cars and then you can compare when you search.
p.s.
Fuel eco of the 318i is about WAJA's on city drive and cheaper when its on highway (If you drive normally la). My full tank give me 500-600km for RM120