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Author Topic: Buying a second car  (Read 2280 times)

Offline achilles01

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Buying a second car
« on: February 15, 2016, 08:28:16 AM »
Can anyone help me decide which car im going to buy??? I already have honda civic vti 98 but i am planning to buy another one. Pang coding ko at the same time pang weekend ride ko para hindi laspag si vti.. I prefer good ride and performance and value... Here's my top 3 choices..  TIA

1. Honda SIR 1999
2. Toyota Altis 2005
3. Kia Rio 2010


Linkback: https://www.autoindustriya.com/talkboard/car-talk-board/5/buying-a-second-car/34361/

Offline mbenz204

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Re: Buying a second car
« Reply #1 on: February 15, 2016, 11:03:54 AM »
Altis, better to try other brands and the Altis of that model is more comfortable than your Vti and I think if you'll buy the facelifted 2005 Altis, the coding car will be your Vti. Coding cars usually have low mileages and the depreciation will not be an issue if you'll buy a car 10 years of age. The Altis have a good low rpm torque.
If you'll buy the Honda Sir, I also doubt that you will not be tempted to use it daily and your Vti may looks like "kawawa" and becomes a coding car.
If you'll buy the Kia Rio, we'll, you will not be satisfied on the power and comforts coming from the compact sedans like the Vti and Altis.
« Last Edit: February 15, 2016, 11:09:32 AM by mbenz204 »

Offline rt140se

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Re: Buying a second car
« Reply #2 on: February 16, 2016, 06:07:12 AM »
Getting an SiR will be like opening pandora's box in this scenario. hehehe...

Altis would be the less evil among the 3 options.

Offline achilles01

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Re: Buying a second car
« Reply #3 on: February 16, 2016, 10:50:58 AM »
Thank you for the very informative suggestion... how about the value of altis after 3 to 5 years? Do they depreciate a lot compare to honda? Because i dont have enough money to buy a brandnew car i plan to change a car every 3 to years so i could somehow upgrade to a newer model...

Offline mbenz204

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Re: Buying a second car
« Reply #4 on: February 16, 2016, 11:43:19 AM »
From a brand new stand-point, the basis for depreciation is the computation for the comprehensive insurance which is usually 10% per year, the market value seems to be in this bracket depending on the vehicles' condition and mileage, a bonus if you can buy it directly to a person migrating and was forced to sell the car at a low price or someone who doesn't mind the depreciation . I sold my casa-maintained facelifted 2004 Altis E-AT last 2009 for 370,000 which I bought for 745,000 brand new....... Todays' market value of that car if well maintained will be about 200,000 or less.
Don't worry about the depreciation, use the car often as depreciation is only felt when you don't use your car frequently.
« Last Edit: February 16, 2016, 11:50:08 AM by mbenz204 »

Offline Brent

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Re: Buying a second car
« Reply #5 on: February 21, 2016, 10:58:24 AM »
Toyotas generally hold their value well in the Philippines.

Offline fundiver198

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Re: Buying a second car
« Reply #6 on: May 01, 2016, 03:46:01 PM »
The Civic 1999 is to old, and the Rio 2010 was never a good car, not even when it was new. If you are going to get a Rio, it must be the current model, which has much improved design and quality compared to the last one.

However the 1. generation (1991-1997) Altis is actually a good choise. I recently took a taxi in Cebu and was positively surpriced by the legroom in the rear seat. I thought "what exactly is this model", and when I got out, I discovered, it was an Altis J being used as taxi.

This 10 year old vehicle was still very comfortable and quiet with no rattling noises etc. Which is a testamony to the Toyota build quality.
« Last Edit: May 01, 2016, 03:52:53 PM by fundiver198 »

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