Buy New or Used Car

[SpeedMerc]

Would you get open cat COE registered car with <100km mileage or a brand new car, consider the registered car is of 15K saving?

[Ah Bui]

Never... 50k can consider... 15k... Buy new... Major overhaul not even 15k...

[Barney]

Would you get open cat COE registered car with <100km mileage or a brand new car, consider the registered car is of 15K saving?

$15K is not considered big savings......since there is a transfer. That one transfer will affect the resale value of the car by more than $15K. My 2 cents.....

[Magneto]

Totally agreed , maintainence cost is a killer. Get new car and change every 3 years is better than second hand .

But than , one needs to look at personal finances to decide , if money no issue then buy new one bro ! My 3 cents worth. Btw I am driving my 5 th car now with ( 2nd, 2nd, new , new , new )

Good luck !

[daffy]

Think once you start owning new car, you tnd to buy new too.

Mine...2nd, 2nd, 2nd, new, new, new, new

[Magneto]

$15K is not considered big savings......since there is a transfer. That one transfer will affect the resale value of the car by more than $15K. My 2 cents.....

The way I sees it , 15k savings / maintainence outlay, etc etc, is best placed into new cars with all new parts plus you got 3 years worry free breakdown , with 3 years warranty . The plus factor for me is the NEW leather smell..emmmm. I like..

[Maeryn]

Not to mention easier to resell when you are the 1st owner (if you do not intend to trade in), don't have to worry about the history of the car etc