Wednesday 2 April 2008

bald patch due to over scratching the head..hahaha...

i have archieved my mazda 2 car pics..hahaha...ok lah...they took up considerable 'main' space...besides, now into more serious thinking...

Buying a car is really not an easy decision. It is something that depreciates, so you have to be ready to make a financial loss.

As you all know, i've been toying with the idea and throwing it out in the past. But in the past 2-3 months, it has resurfaced and now with a wee bit more fire-power.

it is interesting to note that with my pondering, the govt has also lately been announcing intended changes to the car system. i.e. increase in ERP (this one we all know more to come), cutting the quota meaning higher COE and of course, yesterday's announcement that left my mind swimming was the proposed cash rebates instead of credit.

now natural reaction is that cash rebates are a better option. i.e. you can bail out of owning a car when you choose to. (provided the returns are positive..depending on other factors)...still we all know the govt is not stupid...and will look into things...i was thinking,...they may come up with something NEW..that will ADDITIONALLY PENALISE you for holding on to a car longer instead of opting for the cash rebate.

another thing i thought of was since they have considered the loophole those that have opted the cash rebates and then buying another car...they may have a restriction, say...after selling, you can't buy or own another car in the next two years. *gasp*

great...more headaches...as if there isnt' enough stress already. i mean, not only do you have headache now...when you reach that point of decision (come whatever they will announce) ...you have another set of problems...even if it is a few years away.

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