i'm determined to find a low depreciating japanese "COE car" at the end of the year (mostly for peak hours and rainy days)...
would it be correct to say (engine condition/structural integrity not-withstanding), the best deals for "COE cars" can be found in vehicles with cheap COEs?
ie, purchase price = remaining value of COE + cost of vehicle + dealer fees.
i'm looking at vehicles that have had cheap COE renewals before the recent spike and poked around one.motoring to find historical COE prices - but which category of COE should i be eyeballing?
are COE renewals pegged to an open category only, their respective engine size only, or a mix of both? or something calculated a different way because those prices are for new cars only?
also, would it be correct to assume that with COE-prices being equal, a PARF-eligible vehicle will always take a bigger loss when compared to a "COE car" (running costs aside)?
i'm not even sure if i've got my facts right... so... input appreciated to help me see the big picture.
SINGAPORE EXPATS FORUM
Singapore Expat Forum and Message Board for Expats in Singapore & Expatriates Relocating to Singapore
Questions about buying 2nd hand cars
The Automobile Association of Singapore does pre-purchase inspections if the seller is willing.ksl wrote:There is actually a good second hand market operating in Singapore most being low mileage cars, though spotting the right offers and spotting a repaired accident car takes an experienced person to spot.
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