Nov 4, 2008

Sad Things: Purchase of a Vehicle

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This is just a follow-up on what I have recently posted about the effect of the world financial condition to us consumers, employees and the shipping industry. I guess now it's not only the shipping industry that is feeling the effect of this global crisis, but all industries in general. Which is why I'm quite confused as to why Honda still has the "guts" to increase their prices for their vehicles. We're now pressured to confirm by today else we will lose the discount and risk getting "hit" by the price increase. Don't they know that people are now trying to save and thus price increases might not do them any good?

Now, we are rethinking whether we should still pursue in getting a CRV or just a Civic. I'm quite worried about what's happening, so I really don't want to splurge on anything right now. I talked to my husband about my worries and he agreed that we should just get the Civic as it's much cheaper. Many people have asked why we should get a new one- well, it's because our old car is showing signs of age (but still very good maintenance and runs well) and I guess after 12 years we have to retire our good ol' trusted car.

Up until today we're still uneasy about the urgency in paying the downpayment today (well, not that we would resort to selling my bags, clothes, shoes and jewelry, as we have joked last night hahaha). We still have until 12 noon to decide. Yaiks. Good luck to us.

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2 Comments:

Jen said...

So the car still runs well and good maintenance... so why the need for a new one?

Don't give in :). Risk the price increase... they'll still want your sale days later.

* said...

I think it's just a marketing tactic. Most agents are like that- they do pressure selling. I've experienced it in real estate agents but i want to take my time. Pero of course, some deals really have a 'deadline' esp like promo of the month and all. If you're not decided yet, then take time.

Btw, just a suggestion, why not try AUV/SUV na diesel? It's cheaper than CRV that runs in gasoline.

Personally, car is not a priority for me. It depreciates in value. During these times, liquidity is the king! :) So if it's not necessary, then save and save and save. :)