when to sell

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teruanse

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jus want to check is there a appropriate time to sell a car or can sell anytime? if selling now vs selling in 2 to 2.5 years time, what are the pros and cons?
 
rizhal

rizhal

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buay song with your car, just sell.
sell now, take bus and mrt.
sell 2 years later, 2 year of car use.
 
New Eden

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Depends on a number of factors, one e.g., i sold my car cause road tax renewal coming, suspension all gone, carpark renewal coming and those wear and tear parts need to change. So just push to scrap yard and say bye bye. But someone wants to eat. So... ok lor :)
 
EJB

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Sell before the 9th year of your COE.
Sell before your road tax due
Sell before your insurance due (though doesn't matter cos can get refund on remaining months).
 
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teruanse

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ZhuTou! said:
Wanna sell just sell, no pro and con
But best is sell it when ur car have more than 1 yr lifespan if selling to dealer
U wont know the market after 2.5 yrs

yeah that what i tot also. selling now if lucky can fetch higher price than, who knows 2.5 years later


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EJB said:
Sell before the 9th year of your COE.
Sell before your road tax due
Sell before your insurance due (though doesn't matter cos can get refund on remaining months).
Click to expand...

is it norm to sell before coe and road tax expires?
 
EJB

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teruanse said:
is it norm to sell before coe and road tax expires?
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After 9th year, your car only has paper+body value left. You don't get anything extra. You want to earn above paper+body value, you need to sell before that. All car drivers will agree with this.

Road tax goes with the car. Meaning your road tax renew date is 1st Dec, and you sell on 2nd dec, 5months 30 days worth of road tax, goes to the dealer - you paid for the dealer.

Eg, my RT due on Nov, I sold my ride in Aug, I paid 3 months worth of RT for the dealer.
 
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wind30

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Before 9 year meaning with at least 2 year COE remaining or 1 year COE?

If my car COE expire March 2019, when should I sell? Before March 2018 or 2017?
 
EJB

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wind30 said:
Before 9 year meaning with at least 2 year COE remaining or 1 year COE?

If my car COE expire March 2019, when should I sell? Before March 2018 or 2017?
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Preferrably, 1.5 yrs or more, if you want higher value. Put yourself in the 2nd hand dealer shoes, you buy in a car, you also hope to be able to resell it and make some cash from it. If your car, I buy in, has no resale value (or rental value), then who would pay you higher? :)

March 2019, anytime before Mar 2018 would be ideal.

Friend dragged his car past 9th year thinking he would save more by trading in the car almost near the chopping date.

Now he calculate back, if he sold it in the 8th year, he didn't really save anything more than trading it now. He also regret drag the sale for 1 year more.

I also did my calculations, I don't really save if I drove till 9th year, so I just sold the ride 3 months into it's 8th year.
 
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Sambuca78

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EJB said:
Preferrably, 1.5 yrs or more, if you want higher value. Put yourself in the 2nd hand dealer shoes, you buy in a car, you also hope to be able to resell it and make some cash from it. If your car, I buy in, has no resale value (or rental value), then who would pay you higher? :)

March 2019, anytime before Mar 2018 would be ideal.

Friend dragged his car past 9th year thinking he would save more by trading in the car almost near the chopping date.

Now he calculate back, if he sold it in the 8th year, he didn't really save anything more than trading it now. He also regret drag the sale for 1 year more.

I also did my calculations, I don't really save if I drove till 9th year, so I just sold the ride 3 months into it's 8th year.
Click to expand...


My car 1yr 4 mths left, die die must let go asap now? :(
 
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