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Old 02-07-2017, 04:04 PM   #1966
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Yup. I think at my pay bracket, it will be tight monthly despite the coy car allowance.

Maybe a year later ba.
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Old 03-07-2017, 10:26 AM   #1967
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That will be a better choice.

When u are ready to fork out about 1.2-1.3k per month for car expenses (provided you have a considerable amount of downpayment) without making much sacrifices in your current lifestyle... you can start exploring.
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Old 12-07-2017, 08:27 AM   #1968
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COE will go higher to 50k zone or lower to 30k zone any suggestion?
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Old 12-07-2017, 09:04 PM   #1969
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such a noob here and would appreciate all brothers to help me to see if i should renew COE.

My dad's car is a Toyota Vios 1.5L
Expiring this Nov 2017.

This car hardly use at all during its 6-8.5 years of life. only past 2 years recently every day drove.

We dont know whether to renew or there are better options.

basically take home combined between my wife and I around $6K

we have an infant and also house loan $1100 per month.

Service, pump petrol, all done in JB, almost every week go in once. never pump in SG

I really dont know how to calculate, as I never buy car before, afterall is my dad settled everything. Appreciate all brothers' feedback, I wana learn. =)

Last edited by ~WindzStriker~; 12-07-2017 at 09:06 PM..
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Old 13-07-2017, 03:09 PM   #1970
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such a noob here and would appreciate all brothers to help me to see if i should renew COE.

My dad's car is a Toyota Vios 1.5L
Expiring this Nov 2017.

This car hardly use at all during its 6-8.5 years of life. only past 2 years recently every day drove.

We dont know whether to renew or there are better options.

basically take home combined between my wife and I around $6K

we have an infant and also house loan $1100 per month.

Service, pump petrol, all done in JB, almost every week go in once. never pump in SG

I really dont know how to calculate, as I never buy car before, afterall is my dad settled everything. Appreciate all brothers' feedback, I wana learn. =)
If the car is in good condition, renewing is definitely the cheapest option.
However, you need to pay the PQP in full cash.

Toyota vios is a problem free car. Great for coe renewal too as you will not lose too much a parf value as the car have a low OMV to begin with.

The current Cat A PQP is about $48k. If you are able to fork out this sum without causing too much hurt to your pocket, it will be good to have this car renewed for another 10 years as the renewal can only be done once. Should you decide to change the car before the 10 years is up, you can get back the pro-rated COE rebate. If you choose to renew for 5 years, the car must be scrapped when the COE is due.

Monthly Expenses:

Installment $0

Road Tax = $684/12 = $57

Season Parking = $120

Insurance = $1,800/12 = $150 (Assumption)

Petrol = $120 (Since u pump in JB)

Cashcard/Coupon = $150 (Including tolls incurred for ur JB trips)

Tyre = $20 (Assume you change tyre and do alignment every 18 months, each tyre about $70)

Servicing Maintenance $50 (Do set aside ample sum for replacements due to wear and tear, especially for used car)

Total Running Cost $667 per month
Factoring in the $48,000 for the 10 year coe renewal...monthly is about $400
Total Cost of Car Ownership $1067

Hope this gives u a rough idea.
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Old 13-07-2017, 05:25 PM   #1971
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If the car is in good condition, renewing is definitely the cheapest option.
However, you need to pay the PQP in full cash.

Toyota vios is a problem free car. Great for coe renewal too as you will not lose too much a parf value as the car have a low OMV to begin with.

The current Cat A PQP is about $48k. If you are able to fork out this sum without causing too much hurt to your pocket, it will be good to have this car renewed for another 10 years as the renewal can only be done once. Should you decide to change the car before the 10 years is up, you can get back the pro-rated COE rebate. If you choose to renew for 5 years, the car must be scrapped when the COE is due.

Monthly Expenses:

Installment $0

Road Tax = $684/12 = $57

Season Parking = $120

Insurance = $1,800/12 = $150 (Assumption)

Petrol = $120 (Since u pump in JB)

Cashcard/Coupon = $150 (Including tolls incurred for ur JB trips)

Tyre = $20 (Assume you change tyre and do alignment every 18 months, each tyre about $70)

Servicing Maintenance $50 (Do set aside ample sum for replacements due to wear and tear, especially for used car)

Total Running Cost $667 per month
Factoring in the $48,000 for the 10 year coe renewal...monthly is about $400
Total Cost of Car Ownership $1067

Hope this gives u a rough idea.
Good estimation, I guess you must factor in the additional road tax. It should not be over $1200 per month.
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Old 13-07-2017, 10:35 PM   #1972
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Good estimation, I guess you must factor in the additional road tax. It should not be over $1200 per month.
Oh ya I forgotten about the road tax surcharge.
So base on $684

Upon renewal
More than 10 years 10% > 752.40 per yr 62.7per mth

More than 11 years 20% > 820.80 per yr 68.4per mth

More than 12 years 30% > 889.20 per yr 74.1per mth

More than 13 years 40% > 957.60 per yr 79.8per mth

More than 14 years 50%> 1026.00 per yr 85.5per mth


Still affordable lah imo.
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Old 17-07-2017, 12:21 AM   #1973
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such a noob here and would appreciate all brothers to help me to see if i should renew COE.

My dad's car is a Toyota Vios 1.5L
Expiring this Nov 2017.

This car hardly use at all during its 6-8.5 years of life. only past 2 years recently every day drove.

We dont know whether to renew or there are better options.

basically take home combined between my wife and I around $6K

we have an infant and also house loan $1100 per month.

Service, pump petrol, all done in JB, almost every week go in once. never pump in SG

I really dont know how to calculate, as I never buy car before, afterall is my dad settled everything. Appreciate all brothers' feedback, I wana learn. =)
Vios may be a hardy car to last you another 10 years, but it's definitely not among the safest on the road. 2 air bags, no VSC, dated crash standard from last decade. It's almost certain that you would be on the receiving end of it when hitting/hit by a new car.
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Old 27-07-2017, 10:56 PM   #1974
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If the car is in good condition, renewing is definitely the cheapest option.
However, you need to pay the PQP in full cash.

Toyota vios is a problem free car. Great for coe renewal too as you will not lose too much a parf value as the car have a low OMV to begin with.

The current Cat A PQP is about $48k. If you are able to fork out this sum without causing too much hurt to your pocket, it will be good to have this car renewed for another 10 years as the renewal can only be done once. Should you decide to change the car before the 10 years is up, you can get back the pro-rated COE rebate. If you choose to renew for 5 years, the car must be scrapped when the COE is due.

Monthly Expenses:

Installment $0

Road Tax = $684/12 = $57

Season Parking = $120

Insurance = $1,800/12 = $150 (Assumption)

Petrol = $120 (Since u pump in JB)

Cashcard/Coupon = $150 (Including tolls incurred for ur JB trips)

Tyre = $20 (Assume you change tyre and do alignment every 18 months, each tyre about $70)

Servicing Maintenance $50 (Do set aside ample sum for replacements due to wear and tear, especially for used car)

Total Running Cost $667 per month
Factoring in the $48,000 for the 10 year coe renewal...monthly is about $400
Total Cost of Car Ownership $1067

Hope this gives u a rough idea.
Not forgetting basic maintenance. Should be cheap for vios. +50?

However if u get knocks, repair might burst yr buget.
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Old 02-08-2017, 11:20 AM   #1975
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Not forgetting basic maintenance. Should be cheap for vios. +50?

However if u get knocks, repair might burst yr buget.
It has been included:
Servicing Maintenance $50 (Do set aside ample sum for replacements due to wear and tear, especially for used car)

If servicing is done once every 6 months... that's $300... should be sufficient.
But of course there should be buffer for unforeseen damages.
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Old 02-08-2017, 11:33 AM   #1976
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If the car is in good condition, renewing is definitely the cheapest option.
However, you need to pay the PQP in full cash.

Toyota vios is a problem free car. Great for coe renewal too as you will not lose too much a parf value as the car have a low OMV to begin with.

The current Cat A PQP is about $48k. If you are able to fork out this sum without causing too much hurt to your pocket, it will be good to have this car renewed for another 10 years as the renewal can only be done once. Should you decide to change the car before the 10 years is up, you can get back the pro-rated COE rebate. If you choose to renew for 5 years, the car must be scrapped when the COE is due.

Monthly Expenses:

Installment $0

Road Tax = $684/12 = $57

Season Parking = $120

Insurance = $1,800/12 = $150 (Assumption)

Petrol = $120 (Since u pump in JB)

Cashcard/Coupon = $150 (Including tolls incurred for ur JB trips)

Tyre = $20 (Assume you change tyre and do alignment every 18 months, each tyre about $70)

Servicing Maintenance $50 (Do set aside ample sum for replacements due to wear and tear, especially for used car)

Total Running Cost $667 per month
Factoring in the $48,000 for the 10 year coe renewal...monthly is about $400
Total Cost of Car Ownership $1067

Hope this gives u a rough idea.

wow bro, this is a very comprehensive calculation. impressive!
over 1k for a COE car. Now I'm afraid to calculate mine lol
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Old 02-08-2017, 11:46 AM   #1977
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such a noob here and would appreciate all brothers to help me to see if i should renew COE.

My dad's car is a Toyota Vios 1.5L
Expiring this Nov 2017.

This car hardly use at all during its 6-8.5 years of life. only past 2 years recently every day drove.

We dont know whether to renew or there are better options.

basically take home combined between my wife and I around $6K

we have an infant and also house loan $1100 per month.

Service, pump petrol, all done in JB, almost every week go in once. never pump in SG

I really dont know how to calculate, as I never buy car before, afterall is my dad settled everything. Appreciate all brothers' feedback, I wana learn. =)
my ride expiring in Nov as well, headache.

all the best in your car ownership journey!
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Old 03-08-2017, 09:49 AM   #1978
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wow bro, this is a very comprehensive calculation. impressive!
over 1k for a COE car. Now I'm afraid to calculate mine lol
Always happy to help. Haha.
Well at least that is what i have been doing since my car ownership.
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Old 10-08-2017, 02:32 PM   #1979
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Talking Help Advice needed

Hi all, I'm currently 28, single and earning around 6.2k /mth. I am looking at the 4 cars below and would like to listen to advice from the car veteran in this forum. Below is how i feel on each individual car

Hyundai Elantra
Spacious interior with sufficient leg gap at rear seat. Fuel consumption is not as good as i thought. But multiple forums mention hyundai is not a good car for long term...?

Kia Cerato
Stylish and nice exterior and interior. Multiple features available like ventilated car seat etc... interior is spacious and beautifully design. Love the arm rest at rear seat. But when i take uber/grab or taxi, the uncle always tell me not to buy kia...? But this put me my 2nd choice of car.

Mazda 2 Sedan
One of my options here is the exterior design. Love it much. But the interior like ****. The leg gap is not as decent as kia or Hyundai. Fuel consumption is the best among these 4 cars. My first choice due to the exterior design and fuel consumption. Disappointed with the ugly interior look only...

Mitsubishi Lancer
is it not available in market anymore? Love the engine sound alot but tend to be noisy when driving. At an age of 28, love sporty cars like anybody do But practically might not be suitable for me. Open my ears on this options though.

As you can see, I'm only budgeting myself to <$100,000 cars. I'm open to ideas on other cars too.

Is it still early to buy 1 at age 28 or should i save up more and get it at an older age? I'm staying at Tampines but my office is at jurong area though... Tired of travelling in public transport

Last edited by Cutecuteforever; 10-08-2017 at 02:34 PM.. Reason: nil
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Old 10-08-2017, 05:12 PM   #1980
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Hi all, I'm currently 28, single and earning around 6.2k /mth. I am looking at the 4 cars below and would like to listen to advice from the car veteran in this forum. Below is how i feel on each individual car

Hyundai Elantra
Spacious interior with sufficient leg gap at rear seat. Fuel consumption is not as good as i thought. But multiple forums mention hyundai is not a good car for long term...?

Kia Cerato
Stylish and nice exterior and interior. Multiple features available like ventilated car seat etc... interior is spacious and beautifully design. Love the arm rest at rear seat. But when i take uber/grab or taxi, the uncle always tell me not to buy kia...? But this put me my 2nd choice of car.

Mazda 2 Sedan
One of my options here is the exterior design. Love it much. But the interior like ****. The leg gap is not as decent as kia or Hyundai. Fuel consumption is the best among these 4 cars. My first choice due to the exterior design and fuel consumption. Disappointed with the ugly interior look only...

Mitsubishi Lancer
is it not available in market anymore? Love the engine sound alot but tend to be noisy when driving. At an age of 28, love sporty cars like anybody do But practically might not be suitable for me. Open my ears on this options though.

As you can see, I'm only budgeting myself to <$100,000 cars. I'm open to ideas on other cars too.

Is it still early to buy 1 at age 28 or should i save up more and get it at an older age? I'm staying at Tampines but my office is at jurong area though... Tired of travelling in public transport
Lancer is taken out of line le. No longer available. So i think u can drop the choice.

Mazda is nice, but i heard it is cramp for passenger. Fc definitely better. U can read up more on MCF for review.

For hyundai n Kia, both r using same engine. K3 have a better interior n leg room than elantra. N elantra elite trim took out some features like ventilated seats, etc. So may not be tat worth it.
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