Model of your car?if it is cheap to maintaince and no major problems, why not?Same issue for me. Dono if I shld renew my COE for my car. Stressed
Hi all, thank you all for your inputs.
After much considerations, i have decided to renew my beautiful and trustee MPV.
Below are my thoughts.
my stream is running fine for now, most major parts have been replace except for the engine n gearbox. Should be fine for the next few yrs. But I will still set aside 5k for repairs.
I still find a Mpv useful to occasionally ferry my parents n kids around.
If i would to get a new wish, i would need to loan another 50k plus.
Perhaps i can set aside $800 aside for 5 yrs and save up, will accumulate 50k by then . And if the car fails me by the 5th year, i would have 75k to get me another decent ride.
The current depr of 6.2k sounds resonable for me to own a japanese mpv, higher road tax has been offset by the insurance. I am going for comprehensive btw.
With the above said, hope i have made a right choice.
same here ...
If buy new car, perhaps need about 85k to 100k ...
If renew, Cat A price now is 41,993 for cat A ...
Perhaps would wait for next round of COE results to come out, if is less than 46,778, then the pqp for cat A would be lowered ... Since the highest during the last 6 rounds of bidding results is $46,778 ...
If renew also not sure 5 yrs or 10 yrs ...
If 5 yrs, then after that really say bb to the car already ...
same here ...
If buy new car, perhaps need about 85k to 100k ...
If renew, Cat A price now is 41,993 for cat A ...
Perhaps would wait for next round of COE results to come out, if is less than 46,778, then the pqp for cat A would be lowered ... Since the highest during the last 6 rounds of bidding results is $46,778 ...
If renew also not sure 5 yrs or 10 yrs ...
If 5 yrs, then after that really say bb to the car already ...
If you like your car very much just renew 10 years.
if car gives alot of problem after renew, no need 5yrs also bb to the car already isnt it
If renew 10 yrs , then halfway want to change car ...
The remaining coe would be pro-rated and give back to you ?
or would be forfeited?
Remaining COE will be pro-rated.If renew 10 yrs , then halfway want to change car ...
The remaining coe would be pro-rated and give back to you ?
or would be forfeited?
Remaining COE will be pro-rated.
Noted that once renewed, your parf will be forfeited(be it renewed 5 or 10 years).
Yes always better. But it a choice still for any.That's why it is better to renew 10-yrs. If it a reliable car, there will still be takers at 15-yo.
Yes always better. But it a choice still for any.
No right or wrong ba
Never take up 3rd party insurance. It's like no insurance at all.
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