
Mean 406! ROAR!!! (I'll show you my not-so-mean Peugeot 406 in another post).
When I think of my 'docile' 406, I sometimes wonder what the heck am I doing with this old car. The interior is aging, the suspensions are not as comfortable as before, the car jerks during gear changes at low speeds, there are knocking sounds from my left front wheel when I do U-turns, the left headlights takes time to lit up, the electronic aircon buttons sometime don't work, etc...etc...
To bring it to tops, I probably need another 10k. Lets not forget that I've already spent almost 10k on the car after I bought it - new windscreen, new timing belt, new crankshaft, new suspension bushes, new link rods, new undercarriage protectors, new door rubber linings, new boot actuator, rewiring of electronics.
But then again, that's what I get from an 'ol 1997 car. It's about expectations and decisions. I know what to expect prior to buying a used car and I have also decided... it's just that sometimes I wish it had 'cheaper' problems. :(
I sometimes wonder what's it like to own a brand new 406 for that matter. But financial limitations always set me back. I'm not willing to fork out RM160k for a car! After all, its just another vehicle. Choices.. choices..
You see, when you buy a brand new car, you're also paying the government for the taxes, the salesman for their commision, the car dealers for the advertisements, shop rental and their profits. That's why, the moment you sign the purchase agreement and make your downpayment, the car instantly depreciates about 20% of the price - even before you get to see your car.
Since my frustration when I sold my brand new Ford Ranger, I have pledged to never buy a brand new car that has a depreciation rate of more than 20%. I lost about RM40k, then.
Remember my Kawasaki ZZR500? I bought it for RM13k, used it for almost 2 years, crashed it with repair cost of RM7500 (RM6k paid by insurance, RM1.5k by me). Later, I managed to sell the bike off for RM13.5k. Not bad, huh? Try that on a brand new car and tell me your success story (if any, which I doubt).
At the end of the day, I'd rather spend the money on the car than pay the 'others'. Cheers to those who buy used cars!