very well explain in simple math. infact, i didnt even think of counting like that. hehe... maybe i should count like that the next time i purchase. thanks for info.

my formula work this way. 80k+modding <= 116k.

 

The above math is just assuming 1 year usage. But it is the ratio that's important since number of years in both scenarios are a constant.

 

Wait.. Let me ask my crystal ball.

Sorry... my crystal ball looks very cloudy. Actually, if I knew such things, I would be driving a Ferrari or a Lambo instead of an RX-8.

 

The depre is based on driving the car to the end. But note that the difference here is u oni need to drive the second hand 8 for prob another 7-8 yrs more for 8k depre, whereas u need to drive 10 yrs for the new 8. In short, the shorter the lifespan of the car, the closer u are to the real depre of the car.

 

In other words, if you intend to drive your RX8 for long (3-5 years?), get a new one. Otherwise, can settle for a 2nd hand one?

 

Definitely. This rule applies to all cars, or even anything under the sun.
Prob is l think the longest l will drive the 8 is 2 yrs. So l guess lm better off settling for a second hand one.

 

Problem solved. You just answered your own question.

 

u two ah! *** and suck my old ginger.

yummy ginger juice for u!

back to the topic...i think the 1st batch of 6AT arrive our shores Dec. 06.

 

but the prob is 2nd hand 4AT not worth it cos of the price diff. so must buy 2nd 6AT......

 

Then I guess happy waiting for 2nd 6AT coz the first batch was in Dec 06 (I guess). In other words, the oldest 6AT should only be 6 months old. Haven't noticed any less than 6 month old AT Rx8 on sgcarmart so far.

 

Actually nobody was asking for crystal ball answers. There must have some misunderstanding to my question. Was hoping for experienced people who can give guidelines on how to estimate. E.g. performance cars do not normally sell at below $XXXX.XX depreciation, or the % variation of the first purchase depreciation is normally not more than a certain amount. Or using existing examples where 2004 4AT currently selling at 75-77% of original purchase price, so perhaps 75% can be a useful guide?

 

y my fren say rx 8 beng ar?? anyone got this comment b4? lm starting work in a bank soon...so....dunno lei...sigh...

 

honestly does it matter? I mean you are buying the car for yourself yah?=) If you are concern about what others think then perhaps better to do a poll with your future colleagues and buy the statistically most popular car if popularity and image is your concern?

 

rx8 beng?!! Eh, rx8 2nd favourite car of gay ppl (australia survey). Audi tt was first. I dun think ah beng will touch it after that.

 

not really matter what is beng car and what is not. your money, your choice.

 

I agree totally. Your money, your choice. And actually, any car can become beng... just add beng stickers, beng-looking body kits, etc. But who cares? It's your car, enjoy it and love it!

 

l think so too....where to find a sports car so chio and not tat ex??

 

Anyone here expert in calculating car depreciation and when wud be a gd time to sell the current car to trade in for a newer car? there is some "optimum" level or best time to sell?

Registered Date Jan 2003 Civic - $88k

Purchase price $69k in Jan 2004

if de-register now $32,636
if de-register after Jan 08 is $30,505.
if de-register after Jan 09 is $26,590

How wud i calculate my depreciation? my omv is approx $18k, COE is $14k

Hope some guru can enlighten me

Appreciate it

 

Car price $69,000 65%
OMV $18,000
COE $14,000.00
PARF $11,700
REGISTRATION DATE 1 2003
TODAY 1 2004
Depreciation $6,426

Interest rate 3.750%
Downpayment $10,000
Loan Term 7 yr 0
Balance $59,000
Interest/yr $2,213
Total Interest $15,488
Installments $887

I have a spreadsheet to cal this, if u interested, l can email u.

 

bro,

please tell yr fren, dunno anithing bout 8 please dun make unjustified comments,
in fact dun even make any comments at all.

the rx8 bunch is the most classiest bunch around!

we've got pilots, lawyers, businessmen, oil traders, bankers, IT, publicst, advertising executives and the list goes on.....

Rite Guys?!!!

 

aiya..she gal ma...maybe tats y so ignorant. haha