Buy 6 years old car n drive till scrape

[Guest arshavin]

Does any bros do that?

Normally, after 10 years of COE , the car to be deregistered only worth 50% of OMV and body value right.

But if the car still have outstanding COE years, the dealer will take back the COE rebate n u keep the Remaining OMV n body value money?

[Guest vt5sport]

arshavin wrote:

Does any bros do that?

Normally, after 10 years of COE , the car to be deregistered only worth 50% of OMV and body value right.

But if the car still have outstanding COE years, the dealer will take back the COE rebate n u keep the Remaining OMV n body value money?

u mean if car less than 10 yrs old but has a new 10-yr coe? i tink if coe has been renewed, car has no more parf value.

[Guest arshavin]

Any 6 years old car on sg car mart. I buy drive till end of Coe n I scrape.

[Guest arshavin]

http://www.sgcarmart.com/used_cars/info.php?ID=214929&DL=1094

an example here. i am planning to get a car with less than 5 years of COE life span and drive till i scrape it.

how much will i get if i get this above car n scrape it at the end of 10 years.

thanks

[Guest Icez]

arshavin wrote:

http://www.sgcarmart.com/used_cars/info.php?ID=214929&DL=1094

an example here. i am planning to get a car with less than 5 years of COE life span and drive till i scrape it.

how much will i get if i get this above car n scrape it at the end of 10 years.

thanks

Changing car so soon after yr new ride bro?

[Guest arshavin]

hunting one old car for my wife. wont lose so much money and drive till scrape.

[Guest skid]

arshavin wrote:

http://www.sgcarmart.com/used_cars/info.php?ID=214929&DL=1094

an example here. i am planning to get a car with less than 5 years of COE life span and drive till i scrape it.

how much will i get if i get this above car n scrape it at the end of 10 years.

thanks

u will get back 50% of the OMV. more details here:

http://www.onemotoring.com.sg/publish/onemotoring/en/lta_information_guidelines/de_register_a_vehicle/PARF_COE_Rebates.html

[Guest arshavin]

body value depends on car type right?

[Guest skid]

yup body value depends on car type. was just quoting the basic paper value at end of 10yrs. if u renew COE for another 10yrs, theres no more OMV value after that.

[Guest arshavin]

That point I understand. Those renewed Coe cars r called Coe cars

[Guest chiaster]

"drive till scrape"!

"drive till scrape"!!

"DRIVE TILL SCRAPE"!!!

[Guest skid]

chiaster wrote:

"drive till scrape"! car too low scrape kerb

"drive till scrape"!! drive till end of 10 years

"DRIVE TILL SCRAPE"!!!

oopss... this doesn't sound good. car totally scrapped due to total loss

[Guest chiaster]

hahaha... there's a difference between "scrap" and "scrape"! :bounce:

[Guest skid]

yup that's why i put the 3 different scenarios..:whistle:

[Guest arshavin]

http://www.sgcarmart.com/used_cars/info.php?ID=218415&DL=1306

dream car on sale.

[Guest arshavin]

since tonight has the time, let me put forward my thinking n hope seniors here will advise n share their comments.

got the C180K 125i promotion from C&C. planning to drive till Nov 2014 then sell.

switch to a 2nd hand mercedes benz which is registered during 2009. drive the car till 2017 or 2018 and de-register the car.

anyone thinking in this direction?

[Guest Icez]

arshavin wrote:

since tonight has the time, let me put forward my thinking n hope seniors here will advise n share their comments.

got the C180K 125i promotion from C&C. planning to drive till Nov 2014 then sell.

switch to a 2nd hand mercedes benz which is registered during 2009. drive the car till 2017 or 2018 and de-register the car.

anyone thinking in this direction?

Chim... What's yr plan?

[Guest Sanjay]

arshavin wrote:

Does any bros do that?

Normally, after 10 years of COE , the car to be deregistered only worth 50% of OMV and body value right.

But if the car still have outstanding COE years, the dealer will take back the COE rebate n u keep the Remaining OMV n body value money?

i have a 6 yr ld hyundai accent selling at SGD$23500... let me know anyone keen.. excellent condition ..