Hi I bought my 10 year old civic in 2018. I paid 13k for the car and 38.8k for the coe. It will last me till 2028. I would not sell my car and possibly scrapping it in 2028 as I already have another car given by my FIL.
At 2029, my father in law underutilized new civic will reach 10 years. I have prepared 150k to top up the coe then. That is my plan. 2039 I don plan to drive anymore.