What is the diff between buying $80K COE and previously $10k ?

[Garfieldhello]

1) If i intend to sell after 3 years?

2) If i intend to sit till 10 years and scrap?

 

[chershen]

Re: What is the diff between buying $80K COE and previously $10k ?

1) If i intend to sell after 3 years?

2) If i intend to sit till 10 years and scrap?

hi, if for 10 yrs, then no diff.

COE is pro-rated, so if you were to sell after 10 yrs, you can get back 70% of the COE value. a high COE implies a high paper value and that helps when things go downhill.

cheers.

 

[hitmee]

Re: What is the diff between buying $80K COE and previously $10k ?

Of coz have different

Depreciation higher. BY 7k yearly

 

[jasonmaxima]

Re: What is the diff between buying $80K COE and previously $10k ?

80k - 10k......uhm..... About 70k????

 

[cymon]

Re: What is the diff between buying $80K COE and previously $10k ?

COE is pro-rated, so if you were to sell after 10 yrs, you can get back 70% of the COE value.

huh? after 10 years, can get back 70% of the COE value?

Where you got this info from?

 

[ttoh]

Re: What is the diff between buying $80K COE and previously $10k ?

hi, if for 10 yrs, then no diff.

COE is pro-rated, so if you were to sell after 10 yrs, you can get back 70% of the COE value. a high COE implies a high paper value and that helps when things go downhill.

cheers.

?? I thought COE expires after 10 years? Only thing left after 10 years for post Mar 2008 ride is 50% of OMV + car body value. Miss the days of 80% OMV Parf....

 

[milk15]

Re: What is the diff between buying $80K COE and previously $10k ?

huh? after 10 years, can get back 70% of the COE value?

Where you got this info from?

I'm thinkin abt tat too.... hmmm...

 

[hoks]

Re: What is the diff between buying $80K COE and previously $10k ?

Aiyo, typo la...

 

[wt_know]

Re: What is the diff between buying $80K COE and previously $10k ?

one pay $1k and one pay $8k per year to drive ... big difference

 

[MW]

Re: What is the diff between buying $80K COE and previously $10k ?

Wat a stupid question

 

[diablo_728]

Re: What is the diff between buying $80K COE and previously $10k ?

High omv is good bc of residual value at 10yrs,. selling price is based on depreciation calculated on paper value at 10yrs. In the past when coe was high and parf rebate was high, cars were scrapped but n todays context high coe is not good as it leads to higher losses. paper value does not affect high end cars bc the parf rebate is too low these days. eg 09 730L w coe 13+ and omv 89 going at 23xk, paper is 77k, if the coe is 80k, paper abt 130K, so price always based on depreciation for 2-3 yrs.

 

[MW]

Re: What is the diff between buying $80K COE and previously $10k ?

High omv is good bc of residual value at 10yrs,. selling price is based on depreciation calculated on paper value at 10yrs. In the past when coe was high and parf rebate was high, cars were scrapped but n todays context high coe is not good as it leads to higher losses. paper value does not affect high end cars bc the parf rebate is too low these days. eg 09 730L w coe 13+ and omv 89 going at 23xk, paper is 77k, if the coe is 80k, paper abt 130K, so price always based on depreciation for 2-3 yrs.

Yah tat we know. High OMV is good for resale as well as scrapping at 10th year but TS asked about COE, which in my opinion is a stupid question

 

[wt_know]

Re: What is the diff between buying $80K COE and previously $10k ?

simply put it that COE is outright operating cost per year to drive on the road

 

[signatureincz]

Re: What is the diff between buying $80K COE and previously $10k ?

Of course got different.
if u taking loans mean u got extra 70k to take up, means u paying interest for that extra 70k. ( comes close to maybe 10k?)
End of ten yrs, u still get nothing from coe, yet u pay extra....
Unless u full cash pay the whole car.....
but if it is omv high, its another story , pay interest still not so tulan..

by the way, i thought end of 10yrs is 30% of omv plus body value.. is it 50?

 

[diablo_728]

Re: What is the diff between buying $80K COE and previously $10k ?

Yah tat we know. High OMV is good for resale as well as scrapping at 10th year but TS asked about COE, which in my opinion is a stupid question

yes but apparently theres a guy who thinks u get back 70% of the coe. anyway i was trying to say high coe is a bad time to buy.

 

[MW]

Re: What is the diff between buying $80K COE and previously $10k ?

Signatureincz says we get back only 30% OMV at 10th year. He should be canned together with Sherman

 

[kenntona]

Re: What is the diff between buying $80K COE and previously $10k ?

Extra $7K per year "depre" due to COE is equivalent to a difference between a 335 and a M3?

Means you pay zheng hu $7K EXTRA (compared to that chap who is paying $1K) per year for nothing......

 

[iScoupe]

Re: What is the diff between buying $80K COE and previously $10k ?

Wat a stupid question

better check TS background before comment.... he seems blur with mathematics, COE structure & LTA guideline.

 

[Garfieldhello]

Re: What is the diff between buying $80K COE and previously $10k ?

better check TS background before comment.... he seems blur with mathematics, COE structure & LTA guideline.

I don't wanna be conned when the dealer proposed to me that buying car with high COE has a differences and you get back more when 10 years ripe.

 

[iScoupe]

Re: What is the diff between buying $80K COE and previously $10k ?

Of course got different.
if u taking loans mean u got extra 70k to take up, means u paying interest for that extra 70k. ( comes close to maybe 10k?)
End of ten yrs, u still get nothing from coe, yet u pay extra....
Unless u full cash pay the whole car.....
but if it is omv high, its another story , pay interest still not so tulan..

by the way, i thought end of 10yrs is 30% of omv plus body value.. is it 50?

u are a kuku! ur body is worthless.