Buying coe used car question

[skeeting]

Looking to purchase a used coe car (will scrap it in a couple of years when the coe expires) and calculating costs. One thing that confuses me is the ARF. If I buy a used coe car (10+ years old), I don't have to pay ARF right when transferring into my name as ARF is only for first 10 years right?

[tiktok]

Correct, you'll just pay the COE and cost of the car.
As you probably know, if you get a 5 year COE it is not extendable, so your car will be scrapped after 5 years. If you have the cash, better to get 10 years which has the ability to extend. In either case you can get a pro-rated refund of the COE if you get rid of the car before it ends.

[moonshineQ]

YES... no wrong better COE car... good choice in fact