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by PNGMK » Mon, 07 Oct 2019 8:01 am
COE cars are harder to sell secondhand. They have a far lower paper value and the depreciation drops to zero at the end of hte COE. Parf cars (those with COE and residual PARF which is a form of import duty) tend to be more desirable as there is a residual value at the end of the first 10 year COE which makes it financially easier to move onto the next vehicle.
However I am driving a 12 year old subie so it obviously is ok by me.
I not lawyer/teacher/CPA.
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