COE related, posted in FB, my new version

[Euphoria]

Re: COE related, posted in FB, my new version

new 458 spider is abt SGD330,000 there.

WTH!

 

[C3P0]

Re: COE related, posted in FB, my new version

I still remember those days when car purchase need 30% down and or only can take 7 years loan. I guess with the low interest rate now, the COE has to climb then.

Maybe 2014, LTA tweet the formula again.. It has to be inline with their car ownership policy. It just keep changing ya..

Are you renewing your COE? $90k +. Nb stupid COE.

 

[Mockngbrd]

Re: COE related, posted in FB, my new version

Hi Guys,

If the car is to drive to its 10th year and you opt to renew COE. Will you lose the parf value (55% of OMV)?

Any conditions if need to renew 5 years or 10 years?

Yes Parf gone once COE renewed.
5 years = car will die after 5 years. cannot renew again
10 years = can renew again after 10 years

*If in US, i will get an old 911 and RWB it along with different generation of M3s*

 

[wobbles]

Re: COE related, posted in FB, my new version

Yes Parf gone once COE renewed.
5 years = car will die after 5 years. cannot renew again
10 years = can renew again after 10 years

*If in US, i will get an old 911 and RWB it along with different generation of M3s*

Yes yes, but PAP tripoders will be quick to point out that in the US:

You pay 40+% in taxes
You worry about being shot by the poh-lice if you're black &/or wear a hood
The roads are junk because the Govt can't afford to upgrade them
The Govt is going bankrupt

 

[brosiss]

Re: COE related, posted in FB, my new version

thanks, will decide to sell my ride.

 

[DrK]

Re: COE related, posted in FB, my new version

Yes Parf gone once COE renewed.
5 years = car will die after 5 years. cannot renew again
10 years = can renew again after 10 years

*If in US, i will get an old 911 and RWB it along with different generation of M3s*

That is what I'm doing. Doesn't even need to be in the USA. Drive an M3 NA on Mon, Weds, Fri. Drive a twin turbo Porsche on Tues, Thu, Sat. Can drive SUV on Sun. And still get spare change from S$100k.

 

[golfgti]

Re: COE related, posted in FB, my new version

Yes yes, but PAP tripoders will be quick to point out that in the US:

You pay 40+% in taxes
You worry about being shot by the poh-lice if you're black &/or wear a hood
The roads are junk because the Govt can't afford to upgrade them
The Govt is going bankrupt

if the US collapse, SG will collapse together no other way.

US pay high tax, but cars n housing v cheap, so what we pay in expensive mortgage & car loan is the same as paying their high tax right. net savings may end up being the same. dont let the skorlars fool u

 

[Baby1M]

Re: COE related, posted in FB, my new version

With regard to comparing US and SG, I dare say higher net savings goes to e US because;

1) The larger amount and longer period for housing mortgage, excluding principle sum., we r paying bigger amount.
2) Car loans too has interest payable while e value of the car generally depreciates on the day we collect the keys.
3) The older the car, the less value it becomes.

In general high or low tax aside, it is the buying power per dollar value we have (after tax).

Just MHO