Slowdriver

Hi All,

I am new to this forum and am thinking of changing my current ride to an RX8. Just checked the price for a 6 Spd Manual RX8 from MM and it is going at $131K.

What i am interested to know is how much are you guys paying for ur 8 monthly and with what amount of downpayment.

Although i like the car a lot, still need to check out the financial aspect.

Anyway help will be greatly appreciated.

Thanks

chaotichris

this issue is very subjective...

it all depends on:
1) How much u put on your downpayment

2) How many years of loan u intend to take up

3) the interest rate on the loan you take up

from wat I have gathered, most are paying ard +/- $1k on their mthly installment...

If i give u incorrect info... there will be a lot of kind brotas to correct me :p

M-ster

what a thread??

sgrenesis

Ya lor, dont forget to factor in the cost of coupons too. :D :D :D kidding... :p

You very lucky got me to look out for you.
The last time you were there the bookies were 2 lots away and giving tix to other cars liao.
Lucky i ran to check yours, as expected time already over, so put new one.

coupe07

wah wah wah... wat did u do behind our backs that u havent tell us??? u better confess!!! :D :D

sqflyer

Wei wei... I oso need coupon sponsor leh.... heh heh. :D

chaotichris

aiyah... i always tot i won't stay long at HV then end up shopping =X

next time u let me park in ur lot lar :D

anyway THANKS!!!!!!

sandman369

think what you need is a loan calculator.

monthly installment = [LA*( IR%*N + 1)] / [N*12]

LA - Loan Amount
IR - Flat interest rate
N - No of Years

http://www.uob.com.sg/pages/personal...s/carloan.html

Slowdriver

To all those that reply. Thanks a lot. That is what i need. a loan calculator and some feedback.

Now to figure out how much i am willing to pay to get a nice ride btw, anyone knows what how much they spend on petrol on the average per month?

Thanks again

coupe07

i pump 1 and half times each week on average..... each time is $100 (current petrol price) before station discount.

based on current petrol price is 150 x 4 = 450 each month, less 10% now = $405 on average. Could be more, could be less, depending on wat type of job u do, how heavy ur foot, wat type of route u normaly take and many other factors...

darkelfin

slow, I is ard $350 a month now. sobz.....last time only 200 plus on petrol...

LsBlack

wah, steady lah bro, never know u got this stroke
bro coupe & sqflyer,wanna go HV for lunch?then can oso shun pian shopping,
at least we know got ppl jaga our car.. :p :D :D

sqflyer

So paiseh... hijack your thread without posting a proper reply :p I guess how much you spend on petrol depends on how much driving you do and the way you drive. Do you keep track of how many KMs you drive in a month or in a year? It would help to calculate how much to factor for petrol every month. The way you drive, the type of driving (city/highway) and the type of car affects the fuel consumption (FC) but you can use a conservative average of 7km/l for a 6MT that you're looking to buy. Bare in mind, this is for normal driving. If you are a "spirited" driver or if your right foot is made of lead, better adjust it down accordingly. Anyway, take the average number of KMs you drive in a month, divide it by 7 (or average FC) = the number of litres you will burn a month and multiply that by the prevailing rate for the type of fuel you use less any discounts that you may have. Ok, now I don't feel so bad for hijacking your thread. :D

Let's go! Let's go! Waiting for what??... mai tu liao. :p

Slowdriver

haha, no prob. just remeber to return after u hijack lar. Anyway, thanks for the info. If next time going HV during lunch time, let me know hor. Want to take a look at your ride. haha

Thanks again

coupe07

u dunno sgrenesis is sun wukong 72 strokes meh?? this is just one of them... :D :D :D

sqflyer

How to let you know coz our meets are quite impromtu. Better PM me your number or coupe07 oso can.

chaotichris

hey!!!! must Q up hor!!!! I'll always be at the top of the list :p

chaotichris

regarding the petrol issue... shldn't u be asking wat is the avg petrol consumption?

those who travel more will most prob have higher petrol bill mar :p

well, for me, my 6 speed manual gives me 7 to 7.4 km per litre. As i run in e car, i can cover more distance with 1 litre.

Maybe when u drive u might achieve higher distance with 1 litre than moi cos I'm quite heavy with my pedal at times... as wat the brotas in the forum always suan me... i'm P PLATE!!!! that also explains y i'm heavy on my petal

coupe07

wah heavy foot got 7-7.6km/l leh... i so light foot, i got less than 7km/l.......

maybe i too heavy and not p plate.........

Slowdriver

Wah!!!! P-plate can afford RX8...... Me how........... bang wall better. So how high is ur insurance har??? for a P-plate to drive a RX8.

BTW, i already have a rough idea of the consumption. That's y i ask how much is the average cost per month for users. need to know the amount instead of how much petrol is used.

BTW, i dont drive an RX8, at least not yet till i figure out the financial side of things. haha

sqflyer

Q'ing up, no problem... but u oredi finish your turn... so must go to the back of the Q liao. If you always in front, then what kind of Q is that? :D :p

ngkenny

sigh...remember the good old rule.

1) ladies first (just like the boss is always right)
2) There is no rule no 2 (Refer to rule no.1)

Just like what my OC always says " I'm right...you're wrong". I LPPL

makes no diff whether Q or dun Q rite.

sqflyer

Yah.. but sgrenesis not ger mah... must see where his priorities are lor.. ha ha hah :D

Vanquish

Huh? My petrol about $700-800 a month leh.... there must be something wrong... Emperor is right... I'm FAT...

sgrenesis

Sorry leh, policy is "heng dai" brudder always come first before ladies. Besides sq made a point, your turn already over so have to requeue lor. :D