PARF/COE rebates?

[kuvesh]

I am thinking about scrapping my e46 m3 in the next couple of months.

I did the calculation of the PARF/COE rebate on the One Motoring website and it comes out to $111k.

From what I read, I will not receive the rebate in cash but instead need to use it against a new car purchase which isn't much use to me because my next car is prob going to be pre-loved.

If I choose to offload this rebate to an agent, what type of discount would they apply before paying me in cash?

 

[joshdway]

Re: PARF/COE rebates?

the discount is from anywhere from 1 to 2%

depending on your relationship with the dealers (if you know them personally) or

if you are getting any cars off them.

for example if u r buying an unit off a dealer, he might discount 1 to 1.5%, to help seal the deal for the new car

if you approach a dealer whom you aren't buying a car from (because u are buying direct from the owner), he might ask for a higher discount rate.