5 Jun 2007, 5:06pm
Cars
by michael
2 comments

Honda Civic Type R hatchback in Singapore!

My dad is a huge fan of Honda cars and I remember fondly his last manual transmission Honda Civic SiR that I used to drive to NTU. So when the new Civic Type R hatchback got to our shores at Kah Motor’s Ubi Showroom, we headed down on Sunday to get a good look. After watching it on an episode on the recent Fifth Gear where James Toseland and Tiff Needell raced around a track with a Honda Fireblade CBR 1000RR, you would also be wondering what the car looks like in real life!

We had already seen the Civic Type R sedan and we both agreed that whilst it look great, it just had a much more powerful engine compared to the normal sedan. There was no huge styling differences that set it apart from the norm. Th UK made Type R however looks totally different from any Civic on the market now. It definitely wins you over with its agressive lines down the side and incredible looking triangular exhausts. Annoyingly, Kah Motor didn’t allow us to get into the interior citing dangers with children releasing the handbrake and causing a danger.

I did a quick look through the net for print reviews (watching it in action is much better though) and found some interesting opinons:

http://driving.timesonline.co.uk/tol/life_and_style/driving/jeremy_clarkson/article1839477.ece

http://www.rsportscars.com/eng/cars/civic_type-r.asp

Well, at its current price of SG$106,000, this is a car both Yh and I agree shall remain just a great car to look at :)

6 Mar 2007, 4:42pm
Cars Financial Planning
by michael
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Dave Ramsey Says ‘Drive Free, Retire Rich’ ∞ Get Rich Slowly

I guess most of us reach a stage where getting a car to get around seems necessary. I’ve also been hit by the bug (tiny way) since am running around for meetings a lot more but then when I do the finances, it seems rather silly to pay 3.5% interest of a car finance loan when we still have a house loan (with a concessionary rate of 2.6%) to pay off?

Seeing as how my preferred car would be the Honda Civic, that would mean a loan of at least $65k at a repayment of $731/month for 10 years at 3.5% (Total interest paid of about $22k!). The good thing is I abhor debt so there goes the plan to get a new Civic.

Drive Free, Retire Rich explores the impact of carrying a car payment, and offers ideas on how your money can be used more wisely.

Source: Dave Ramsey Says ‘Drive Free, Retire Rich’ ∞ Get Rich Slowly

Link : Drive Free, Retire Rich

So what’s the other way I can get around without relying on public transport? Looking at the article referenced by Get Rich Slowly, Dave Ramsey offers a novel approach to car purchase. By investing the amount intended for a car, one can save on interest payments until such a time the amount saved can pay for a car entirely! And by keeping up these payments to oneself, the interest earned could potentially fund future car purchases. Seems rather interesting concept but than also means having to squeeze out $731 to invest. Time to do some math! 

27 Feb 2007, 1:53pm
Cars Interests
by michael
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Top Gear

Just got acquainted with this seriously funny motoring show on BBC. Its called “Top Gear” and now into its 9th season.  Featuring the antics of 3 guys and some serious hardware, it features top racing cars and “experiments” with cars.

Link to Top Gear

Link to Final Gear