Singapore Expats

Car pricing

Have your burning questions answered relating to buying and selling cars and other vehicles.
Post Reply
brian_singapore
Chatter
Chatter
Posts: 368
Joined: Mon, 29 Jul 2013 10:43 pm
Answers: 1

Car pricing

Post by brian_singapore » Mon, 02 May 2016 5:25 pm

Hi,

A quick question on new car quotes (this one from sgcarmart):

Price: 115,800
Price Scheme: 1 bid guaranteed COE without top-ups, Cat B rebate at $35K

Does the price include the cost of COE or is that on top? I know that the '1 bid' means they guarantee a COE in the next auction, but what does 'without top-ups' mean and what does the rebate refer to?

A couple of other questions: If I were to buy a used car with full-COE, is it possible to convert this to off-peak hours? How do I roughly calculate the rebate I'd receive?

Thanks,
Brian

User avatar
Wd40
Director
Director
Posts: 4591
Joined: Tue, 04 Dec 2012 10:53 am
Answers: 1
Location: SIndiapore

Re: Car pricing

Post by Wd40 » Mon, 02 May 2016 8:26 pm

Hi Brian, Good to know you are still alive and kicking in SG :)

brian_singapore
Chatter
Chatter
Posts: 368
Joined: Mon, 29 Jul 2013 10:43 pm
Answers: 1

Re: Car pricing

Post by brian_singapore » Tue, 03 May 2016 8:52 am

Still here and apparently staying for a lot longer. ☺

User avatar
PNGMK
Moderator
Moderator
Posts: 9076
Joined: Thu, 21 Mar 2013 9:06 pm
Answers: 10
Location: Sinkapore

Re: Car pricing

Post by PNGMK » Tue, 03 May 2016 9:04 am

Yes the price includes COE up to a $35,000 limit and the rebate is the difference refunded to you if the COE is lower that $35,000.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!

User avatar
ScoobyDoes
Manager
Manager
Posts: 1667
Joined: Wed, 29 Nov 2006 6:42 pm
Location: A More Lucky Spot

Re: Car pricing

Post by ScoobyDoes » Tue, 03 May 2016 11:00 am

COE is included and guaranteed, regardless of price. If a CatB COE comes in at less than 35k then you get some money back......if a CatB COE is over 35k the dealer will absorb the difference without the need for you top top-up further on the price sold.

I half expect the dealer to already be sitting on some COE. Mine was sitting on quite a number of Open Cat when I took mine last year so they play around with what they have and at what price.
'When Lewis Hamilton wins a race he has to thank Vodafone whereas in my day I used to chase the crumpet. I know which era I'd rather race in.'

SIR Stirling Moss OBE

Post Reply
  • Similar Topics
    Replies
    Views
    Last post

Return to “Importing, Buying and Selling Cars & Other Vehicles”

Who is online

Users browsing this forum: No registered users and 6 guests