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exporting a few K USD


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well i got a 2011 ford escort 5 speed hatch back with about 12,000 miles on it sitting in my driveway nice car but my wife wants an automatic so i will be looking for another car make sure you get the right car the first time

 

Maybe U can rent your vechile to br111an for the year, if he and his wife can drive a stick.. :yahoo:

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also note that if you stay in and around the city and spend 500 pesos a day on taxi rides (which is doable) you will spend much less than buying a car, for that price you wouldn't even be able to get a decent car that doesn't have some issues.

 

 I love this answer... 500 php per day x 365  = 182500 '/. 43 php to 1 usd (current exchange rate) = 4,244 usd per year

so for a car costing approximately 20,000 usd it would take over 4 years and half years to break even...

20,000 '/. 4244= 4.7125 , and this is without figuring the additional maintence, gas , tires insurance, etc. costs

so unless u intend to stay over 6 to 7 years, (and live in/or close by  the city,)  U might want to just forget about buying a vechicle  - and take  taxi's...

Edited by tim
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smokey

Maybe U can rent your vechile to br111an for the year, if he and his wife can drive a stick.. :yahoo:

not my cup of tea nothing rips a car up faster then just learning to drive a stick and if it breaks its not yours... now if he want to make me an offer that is different ..
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Headshot

Headshot, that's good to know, thanks.  

 

100 K kilometers on the odometer

 

I hope you realize that Filipinos have no ethical problem with turning back odometers.

 

Headshot, that's good to know, thanks.  

 

It really starts to look like I should just keep taking the taxi for groceries and take the bus if I want to get out of Mandaue for a couple of days.

 

That is probably true. I can pretty much guarantee that ANY vehicle you buy will be difficult to sell...and will lose you money.

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  • 4 weeks later...

I hope you realize that Filipinos have no ethical problem with turning back odometers.

 

 

That is probably true. I can pretty much guarantee that ANY vehicle you buy will be difficult to sell...and will lose you money.

True. Look at the online ads for services of "turning back odometers".   Buyer beware of buying anything used here, especially autos.

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Davezilla

Buy a used car and it will hold its value  A new multicab is around 150,000 they sell used for 120,000  most older cars keep there value  

 

Buy a older multicab for 120,000  drive it a year and easy to get 100,000 back  

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