Hi everyone,
I'm new to this forum, looking for advice on buying 91'-94' BMW 318. I just went to look at some cars at Textile Centre, Iguakarz and saw this nice looking 91' BMW 318. The company looked quite reliable too.
But when i asked around, people i asked all advised me against buying a BMW, because of very high maintenance costs, problems etc....they all said, get a mercedes instead...
However, i see so many old >10 yrs BMW's around nowadays, even in Malaysia, surely not everyone is that dumb to waste money on a car that gives them tons of problems right? Please advise.
I personally love the BMW and it has always been a dream.
Also, can anyone here help by sharing some advice on the difference between splurging on a NEW BMW and a >10year old one? What i mean is the new cars in singapore now go by ARF value at 75% below 5 years and goes down after 5 years whereas the second hand cars before May 2002 still have scrap value? for >10years old cars, can we get back cash for the COE rebate?
I don't quite understand the whole concept and difference. If I want to drive a car in Singapore and I wish to take a high loan with low downpayment eg. a BMW, is it more economical to splurge on a new car or a 2nd hand or a >10years COE car? Which makes more $$$ sense?
Thanks hope to hear from all of you
I'm new to this forum, looking for advice on buying 91'-94' BMW 318. I just went to look at some cars at Textile Centre, Iguakarz and saw this nice looking 91' BMW 318. The company looked quite reliable too.
But when i asked around, people i asked all advised me against buying a BMW, because of very high maintenance costs, problems etc....they all said, get a mercedes instead...
However, i see so many old >10 yrs BMW's around nowadays, even in Malaysia, surely not everyone is that dumb to waste money on a car that gives them tons of problems right? Please advise.
I personally love the BMW and it has always been a dream.
Also, can anyone here help by sharing some advice on the difference between splurging on a NEW BMW and a >10year old one? What i mean is the new cars in singapore now go by ARF value at 75% below 5 years and goes down after 5 years whereas the second hand cars before May 2002 still have scrap value? for >10years old cars, can we get back cash for the COE rebate?
I don't quite understand the whole concept and difference. If I want to drive a car in Singapore and I wish to take a high loan with low downpayment eg. a BMW, is it more economical to splurge on a new car or a 2nd hand or a >10years COE car? Which makes more $$$ sense?
Thanks hope to hear from all of you