COE Car - Which Brand

swenson

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Actually 10 years is a 'magical' number that only exist in Singapore because of the COE system. All car makers design their vehicles to last at least a good 20 years. Even for vehicles that have ceased production, the automakers are obliged to continue producing spare parts for the next 10 years.

Regular repairs and maintenance is a GIVEN FACT for all products with mechanical movements. Parts for conti rides are generally more expensive because of the BRAND. The makers of the parts will mark the prices up for obvious reasons and workshops are likewise.
If you don't believe, just enquire about a tyre change at C&C (merc) and at normal tyre shop (same size, same model of tyres)

If one can accept reliable 3rd party OEM parts at your trusted ws, the maintenance and repairs will not be as what one might expect.

For value, COE Porsche can retain some good value even when the COE is up, cause there will always be people wanting to extend another 10 years. Mass market rides has value only to its current owner as he/she will understand the condition.

Just be wary and ALWAYS set aside a sum for touch-ups for 2nd hand cars, regardless COE or not.
 

CyberTan

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Actually 10 years is a 'magical' number that only exist in Singapore because of the COE system. All car makers design their vehicles to last at least a good 20 years. Even for vehicles that have ceased production, the automakers are obliged to continue producing spare parts for the next 10 years.

Regular repairs and maintenance is a GIVEN FACT for all products with mechanical movements. Parts for conti rides are generally more expensive because of the BRAND. The makers of the parts will mark the prices up for obvious reasons and workshops are likewise.
If you don't believe, just enquire about a tyre change at C&C (merc) and at normal tyre shop (same size, same model of tyres)

If one can accept reliable 3rd party OEM parts at your trusted ws, the maintenance and repairs will not be as what one might expect.

For value, COE Porsche can retain some good value even when the COE is up, cause there will always be people wanting to extend another 10 years. Mass market rides has value only to its current owner as he/she will understand the condition.

Just be wary and ALWAYS set aside a sum for touch-ups for 2nd hand cars, regardless COE or not.
As for European cars merc you don’t have to worry about the spare parts because even for legendary cars like the W124 you can still buy parts from Bosch because Mercedes have a agreement with Bosch to create parts that are legendary models.

As for Japanese models, they might not be able to produce the parts that are legendary models
 

Mrtesting

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Buy COE car that have just renewed their COE (or your ownself renew)

Now COE so expensive , when it crashes, can bang balls already

Pre owned COE cars price are tagged to current COE price

You cannot cash out that COE from your car to get another cheaper newer car lol
You want to sell also will be at loss
 

CyberTan

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yes, W204....not sure worth it or not.....
The engine should be ok to maintain. If it is 1.6/1.8l Kompressor (supercharge)

leave out all the cgi 7g tronic nonsense.

but quite costly. But I would suggest you to go to a proper workshop and let the mechanic to do a proper check.

not any random mechanic. Why I say that is because my mother know a self learn mechanic. And he misdiagnosed a loose steering rack claiming that all old cars have it. I warn my mother about it and another mechanic told her it will jammed the steering is it is not replaced.
 
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lifeisshort

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The engine should be ok to maintain. If it is 1.6/1.8l Kompressor (supercharge)

leave out all the cgi 7g tronic nonsense.

but quite costly. But I would suggest you to go to a proper workshop and let the mechanic to do a proper check.

not any random mechanic. Why I say that is because my mother know a self learn mechanic. And he misdiagnosed a loose steering rack claiming that all old cars have it. I warn my mother about it and another mechanic told her it will jammed the steering is it is not replaced.
oh...ok....my fren also told me not to get the 7G......

wonder if car dealer allow to send the car for inspection before i buy......of course at my own cost....
 

lifeisshort

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i know that for car that is less than 10 years, i can get back 50% of ARF and the scrapped value.

What about COE car? is it just SCrapped value? Is it easy to sell COE car?
 

ceecookie

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i know that for car that is less than 10 years, i can get back 50% of ARF and the scrapped value.

What about COE car? is it just SCrapped value? Is it easy to sell COE car?
You get remaining COE/PQP value plus car body value when selling coe car.
 

gld998

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i see JHK car can drive for more than 10yrs and working well......if i want to buy a COE car, which brand/model can i consider? my friend told me Merc is the best option as very reliable even after 10 yrs.

anyone can share your thoughts on this? thank you
Dont buy a EX PHV can already..
 

lifeisshort

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You get remaining COE/PQP value plus car body value when selling coe car.

does this mean if the COE is $50k and i left with 5 years, i will get about 25k + car body?

I see many COE car with COE value of about $50k selling at almost double the price......if sell later, sure difficult to sell, right?
 

swenson

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does this mean if the COE is $50k and i left with 5 years, i will get about 25k + car body?

I see many COE car with COE value of about $50k selling at almost double the price......if sell later, sure difficult to sell, right?
Yes to the first part, only if you scrap it. The residual value from COE will be from govt, the body is depend on who u sell to (all the 2nd hand car dealer will tell you only worth 1k max etc etc and all the bull sai..)

No such thing as difficult to sell. As long as your selling price is attractive and below market value, sure can sell. That is why there is sooooo many 2nd hand dealers in the market, because they have the lobang to buy and hold
 

lifeisshort

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Yes to the first part, only if you scrap it. The residual value from COE will be from govt, the body is depend on who u sell to (all the 2nd hand car dealer will tell you only worth 1k max etc etc and all the bull sai..)

No such thing as difficult to sell. As long as your selling price is attractive and below market value, sure can sell. That is why there is sooooo many 2nd hand dealers in the market, because they have the lobang to buy and hold

thought of getting a COE car, left with about 8 yrs....worry that few years down the road when i want to sell, no more value to even cover the balance loan amount
 
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thought of getting a COE car, left with about 8 yrs....worry that few years down the road when i want to sell, no more value to even cover the balance loan amount
8 years car the price if u top up , u can get a new Japanese decent car I think. But then , depends on what car brand is your 8 years. If conti then forget about it.
 

swenson

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thought of getting a COE car, left with about 8 yrs....worry that few years down the road when i want to sell, no more value to even cover the balance loan amount
Thats why nobody should take up >7 years loan tenure. The interest is just too heavy. Car coys don't care about whether you can afford the loan or whether you can tahan for 10 years etc, they just want the sales.
After that is the finance coy's and your problem.

You will be lucky if by the time you want to sell, the COE would have gone up much higher than TODAY's $100k, then no problem. If the COE then have dropped, then you will be in trouble
 
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