Comments on: Ford’s CNY promo offers Fiesta at RM588 per month http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/ Malaysia's Number 1 Source for Automotive News Thu, 23 May 2013 01:10:52 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: Holy$hiT http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-956603 Holy$hiT Wed, 06 Feb 2013 06:19:11 +0000 http://paultan.org/?p=150805#comment-956603 HOLYSHIT!! i can’t even afford a new Saga MT which is 38k…

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]]> By: gesundet http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-938569 gesundet Sun, 27 Jan 2013 09:08:11 +0000 http://paultan.org/?p=150805#comment-938569 ..and i was wondering why are there so many people posting such funny remarks. thanks mr confused.

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]]> By: ix35 http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-937584 ix35 Sat, 26 Jan 2013 16:10:56 +0000 http://paultan.org/?p=150805#comment-937584 nice analysis but to simply look at it, the increment is around rm 50 to rm 100+ per year. Most salary would increase more than that per year. So most people can afford this payment scheme. The disadvantage of this scheme is the loan amount deduction is less on early years. So this mean that if you want to sell the car in short time, this scheme is not good for you.

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]]> By: Sparco http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-932948 Sparco Thu, 24 Jan 2013 11:06:41 +0000 http://paultan.org/?p=150805#comment-932948 Went to Ford show room today. Was told 1.4 manual no more stock. Was told 1.6 only left 1 colour.

Also, they said new stock coming in March 2013.

So, I thought I could book 1.4 manual but went home without anything. Ford, please don’t mislead us with the advertisement if you don’t have any car for the customer.

Also, was told there was no 7 airbag for 1.4 cc. Why their website and brochure printed with 7 airbags??

Seriously misleading !

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]]> By: Mr Mac http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-929821 Mr Mac Wed, 23 Jan 2013 02:33:51 +0000 http://paultan.org/?p=150805#comment-929821 can u help me with my business model and revenue model but i cannot pay much…probably belanja makan..serious ni..

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]]> By: dRwh0 http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-928951 dRwh0 Tue, 22 Jan 2013 16:15:19 +0000 http://paultan.org/?p=150805#comment-928951 Wahh..is it real..??if u cant afford 3 yers repayment than u cant afford that car..??

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]]> By: alldisc http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-928293 alldisc Tue, 22 Jan 2013 09:42:23 +0000 http://paultan.org/?p=150805#comment-928293 after 4th year, absorber start to kaput. engine mountings start to wear. oil seals start to show leakages.

paintwork full of scratches

car already depreciate but installment went higher instead. many ppl already regretted buying kia spectra and citra under similar scheme. its not worth it. only desparate car companies market their products like this. other than offering super long warranty or free services for 2 years. only 1 reason – they need to clear stocks before its too late without offering huge discounts

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]]> By: Hahahaha http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-928168 Hahahaha Tue, 22 Jan 2013 08:25:09 +0000 http://paultan.org/?p=150805#comment-928168 singing here wont do any good if you dont vote! make noise is easy, taking the responsibility to vote is another. dont just talk, use your right

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]]> By: Hahahaha http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-928158 Hahahaha Tue, 22 Jan 2013 08:18:43 +0000 http://paultan.org/?p=150805#comment-928158 way to go captain obvious, next time read till the end before commenting something that is SO OBVIOUS!

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]]> By: Cari fasal http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-928005 Cari fasal Tue, 22 Jan 2013 06:57:31 +0000 http://paultan.org/?p=150805#comment-928005 so many idiots here try to calculate.
hello its been stated on the chart clearly (MBB/AmB) as step up loan..
why waste ur time recalculate.

simple looo
no money no need to think.
u work get money
and buy laa…
spend ur money why keep.
keep2 also no point; u die end up ur kid/cucu get free from ur saving..

spend now.
enjoy life.
worry later.

money sure can find :)

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]]> By: ted http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-927913 ted Tue, 22 Jan 2013 06:09:39 +0000 http://paultan.org/?p=150805#comment-927913 There is actually another way to look at this.

The first few years lower instalment can offset for the higher insurance premium that needs to be paid, if one does not have NCB.

While towards the second half of the loan, car value dropped and NCB kicks in, resulting in much lower insurance costs, which can be contributed back to offset the rising monthly instalment payment.

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]]> By: start-a-figt http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-927909 start-a-figt Tue, 22 Jan 2013 06:08:55 +0000 http://paultan.org/?p=150805#comment-927909 change ur mindset sir.. this is an automotive blog.

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]]> By: start-a-figt http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-927905 start-a-figt Tue, 22 Jan 2013 06:07:36 +0000 http://paultan.org/?p=150805#comment-927905 ya ya ya.. blame the government that u missed your monthly car loan for the car you can’t afFORD.

(if u have any)

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]]> By: Henry http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-927735 Henry Tue, 22 Jan 2013 04:56:31 +0000 http://paultan.org/?p=150805#comment-927735 They want to clear current stock to make way for the facelift version to be launched here soon. But taking 9 years to pay off a car is too long. Don’t do it.

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]]> By: Name http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-927639 Name Tue, 22 Jan 2013 04:11:24 +0000 http://paultan.org/?p=150805#comment-927639 And paultan should consult your opinion if they have such articles again. Unless, it’s a paid article.. lol

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]]> By: Name http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-927637 Name Tue, 22 Jan 2013 04:10:18 +0000 http://paultan.org/?p=150805#comment-927637 I just want to say

your analysis is AWESOME!

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]]> By: kelvin http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-927501 kelvin Tue, 22 Jan 2013 02:46:33 +0000 http://paultan.org/?p=150805#comment-927501 I don’t think opposition will win, because of the most creative corrupted government. They are all in to win this election, with the help of corruption. The only way to win against this corrupted government is 80% of Malaysian vote against them. Want cheaper car, vote wisely.

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]]> By: kelvin http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-927497 kelvin Tue, 22 Jan 2013 02:41:58 +0000 http://paultan.org/?p=150805#comment-927497 Pity Malaysian, we has a world most creative corrupted government, ranking no. 1 for most creative and interesting corruption activities.

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]]> By: kelvin http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-927486 kelvin Tue, 22 Jan 2013 02:36:56 +0000 http://paultan.org/?p=150805#comment-927486 Malaysia really corrupted. Even a small car like this need to pay 9 years installment. Time to change, not car, Government.

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]]> By: frossonice http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-927479 frossonice Tue, 22 Jan 2013 02:28:55 +0000 http://paultan.org/?p=150805#comment-927479 This is not valid here in Malaysia where car prices does not tally with real economy. You’ll end with only 12 people buying cars.

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]]> By: junsu http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-927435 junsu Tue, 22 Jan 2013 01:48:00 +0000 http://paultan.org/?p=150805#comment-927435 any improvement with the auto gearbox..comment at ford facebook page really make me think twice b4 buying this car…

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]]> By: start-a-figt http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-927372 start-a-figt Tue, 22 Jan 2013 01:12:30 +0000 http://paultan.org/?p=150805#comment-927372 a promotion to those who appreciate and can afFORD.. get it?

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]]> By: OMG http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-927356 OMG Tue, 22 Jan 2013 01:04:03 +0000 http://paultan.org/?p=150805#comment-927356 OMG…great deal for those who cant afford high loan for the begining years.

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]]> By: junaidi http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-927336 junaidi Tue, 22 Jan 2013 00:55:25 +0000 http://paultan.org/?p=150805#comment-927336 whats your problem?
The table shows what you need to pay the following year no? I dont think its their problem if people cant read.
Besides, the total amount you pay in interest works out the same anyway. Just that they let you pay less for the first year la.

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]]> By: RyanS http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-927315 RyanS Tue, 22 Jan 2013 00:42:13 +0000 http://paultan.org/?p=150805#comment-927315 local financial always like ppl to caring burden forever , fixed 9 years Zzzzz

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]]> By: S http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-926674 S Mon, 21 Jan 2013 17:35:21 +0000 http://paultan.org/?p=150805#comment-926674 Just want to highlight some errors (correct me if I’m wrong);

Total amount to be paid:
Year 1: RM588 x 12 months = RM7,056
Year 2: RM718 x 12 months = RM8,616
Year 3: RM818 x 12 months = RM9,816
Year 4-8: RM868 x 12 months x 5 years = RM52,080
Year 9: (RM868 x 11 months)+RM990.80 = RM10,538.80
Grand total = RM88,106.80

Hence,
Interest = RM88,106.80 – RM76,000 = RM12,106.80
That is 15.93% of the loan amount; which leads to an annual rate of 1.77% (same as advertised).

The percentage of annual increment:
Year 1-Year 2: [(RM718-RM588)/RM588)] x 100% = 22.11%
Year 2-Year 3: [(RM818-RM718)/RM718)] x 100% = 13.93%
Year 3-Year 4: [(RM868-RM818)/RM818)] x 100% = 6.11%

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]]> By: confused http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-926596 confused Mon, 21 Jan 2013 16:40:51 +0000 http://paultan.org/?p=150805#comment-926596 Some of the comments here stating the conspicuously unbelievable 588 x 108 pricing is BEFORE paultan update the post with the complete repayment sheet.

Kinda misleading when this was first posted. Cheers.

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]]> By: doraemon http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-926595 doraemon Mon, 21 Jan 2013 16:40:41 +0000 http://paultan.org/?p=150805#comment-926595 a lot of the commentators seems to say 3yrs loan max, but honestly I ain’t gonna pay 2k a month on a car say, a Vios. Lets be realistic. I guess Alot just TKSS only, most of you fellas seem to say it because that’s what you wanna do not what you’re doing.

By the way my company pays for interest so makes no sense for me to take a shorter loan period.

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]]> By: dreaming of maserati http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-926583 dreaming of maserati Mon, 21 Jan 2013 16:27:25 +0000 http://paultan.org/?p=150805#comment-926583 nice calculation….but got error.
Year 4 – year 9 (1-11th month) total is only 71 months and not 77 months.

Work harder maybe can get promoted? Then you are able to afford this.

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]]> By: bob http://paultan.org/2013/01/21/fords-cny-promo-offers-fiesta-at-rm588-per-month/#comment-926569 bob Mon, 21 Jan 2013 16:16:53 +0000 http://paultan.org/?p=150805#comment-926569 This reminds me of the Volvo S40 promo in about 2005, first year payment Rm1188 etc than increasing gradually, but in the end useless, as the price discounted from RM188k to Rm169k if im correct..thats the problem with buying these ” cold stock” cars

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