The Road To My NEW Car

Buying a car a new car is not an easy decision. I have to study my finances, I have to consider everything before I do my purchase. Although I planned to get my car this December, I instead decided to get it on February.

This is what I have done so far.

1. Join Team Celerio Philippines

    This is the support group of the car of my choice. I choose Suzuki Celerio because it is the most fuel efficient car here in the Philippines today. Although the Team Celerio will tell you that to have a 34.34km/L fuel mileage is quite a feat and in reality is quite hard to do, it is still achievable. Some had done modifications with their car and most importantly, one has to change his/her driving habits. A celerio has a tachometer that is very visible for its driver. The tachometer measure your fuel efficiency. Keep a tachometer reading of 2000rpm. keep your tires 39psi front and 36psi on the rear tires, put in a petrol with the recommended octane level, avoiding traffic jams and lessen the use of aircon could result to a fuel mileage close to the 34.34km/L target.

2. Visited the casa.

   I did that last Sunday. I met up with the SA and I learned a lot about the car. I know that right now, there are no new units still, and it will become available on end of Nov or early December. I also learned the price of the celerio and their price offer.

3. Consider other purchase options

   A bank called me yesterday to tell me about their offer. Comparing the prices (since I will not pay in full for the car), I learned that the best offer will come from PS Bank. The in-house financing of the casa has interest that ranges from 10-11% per annum. PS Bank has interest a lot less than that. Just roughly 4.3% per annum. Although the freebies are not as good as with the casa, at least I get to save a lot from their offer.

With that prepared, I am now ready to purchase my car. But the last thing I have to do is

4. Prepare a the down payment.

   I could buy it right now and sacrifice my savings.

   Or I'll buy it in February and have those money invested right now in the stock market. Of course, since I am a financial advisor, I did the latter. I am quite positive that right now is the best time to get into stock trading. And I'm quite good at it. All the stocks I bought were matched! 

The road to my new car won't be easy. Another premise to that achievement is for me to loose 5kg!

That is, I will only buy my car if I get to loose 5kg! And I am serious.

My boyfriend is not happy with this decision. He doesn't trust my driving skills. But I will work on convincing him that the car I am buying is perfect for me, and although it will cost me money, I will make sure it will produce money in return. I plan to do more dealerships especially since I'll be more mobile when I get my car.

And that's the plan for 2012.... I am going to get that car! No matter what it takes.