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vctm
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How to recover the paper value

Postby vctm » Thu, 12 Jul 2012 10:48 am

Hey all, an additional question:
Let's I'm going to buy an 7-8 years old car an plan to keep it until its end of life / 10y anniversary.
At the end, in what way / how do I get the paper value back (55% of the OMV ?) ?
Is it a rebates on purchase a brand new COE ? Is it cash ? Can I use the amount to buy another used car or only a brand new one ?
Thanks ahead for the clarification

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Strong Eagle
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Re: How to recover the paper value

Postby Strong Eagle » Thu, 12 Jul 2012 10:55 am

vctm wrote:Hey all, an additional question:
Let's I'm going to buy an 7-8 years old car an plan to keep it until its end of life / 10y anniversary.
At the end, in what way / how do I get the paper value back (55% of the OMV ?) ?
Is it a rebates on purchase a brand new COE ? Is it cash ? Can I use the amount to buy another used car or only a brand new one ?
Thanks ahead for the clarification


You get a check from the gahmen. You can use it for whatever you want.

vctm
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Posts: 2
Joined: Thu, 12 Jul 2012

Re: How to recover the paper value

Postby vctm » Fri, 13 Jul 2012 1:15 pm

Strong Eagle wrote:
vctm wrote:Hey all, an additional question:
Let's I'm going to buy an 7-8 years old car an plan to keep it until its end of life / 10y anniversary.
At the end, in what way / how do I get the paper value back (55% of the OMV ?) ?
Is it a rebates on purchase a brand new COE ? Is it cash ? Can I use the amount to buy another used car or only a brand new one ?
Thanks ahead for the clarification


You get a check from the gahmen. You can use it for whatever you want.


Thanks !


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