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How often do you change cars and why?


Ssbcc
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I'll be de-registering my '04 car soon...just before it reaches the 7th year.

 

 

What car? I dont mind take over if the car can still drive till scrap. :D

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So many day dreamer... I have a Lambo Murcie LP as well. BMW M3, Mini cooper S..... all in GT5. Fully moded.... [:p]

 

u missed out a veyron. lol

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I'll be de-registering my '04 car soon...just before it reaches the 7th year.

How come u need to de-registered your car before it reaches 7th year? [:/]

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I don't want to keep the keep the car, collecting dust, any more. So it is better for me to de-register it before it reaches another year, which will mean lower paper value (COE). What for pay new road tax, insurance and have 10% lesser COE rebate if I already decided to get rid of it?

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If u have decided to get rid of your car, agree tht u should sell off fast. The longer u wait the less value the car wld be. ^_^

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Every 7 years when the new model comes out

U mean u will change car every 7 yr? [:/] I thought pple wld change car every 7 yr because that was the time when your car loan finished?! [:p]

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So many day dreamer... I have a Lambo Murcie LP as well. BMW M3, Mini cooper S..... all in GT5. Fully moded.... [:p]

 

[thumbsup][thumbsup][thumbsup] i have 36 car...in GT5...hahahahahaha some stock and fully moded.... [:p]

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U mean u will change car every 7 yr? [:/] I thought pple wld change car every 7 yr because that was the time when your car loan finished?! [:p]

I don't think people change their car in accordance to the duration of the loan....otherwise how do we explain some people change every 3-5years.

 

Actually it doesn't make much sense to de-register car after the 5th years, cos the reduction in paper value is minimal....only less 10% of COE every year. Take my case for example, I will only lose $1.4k/yr for the next 3yrs if I am to keep it till the 10th year.

Edited by Silver_blade
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U mean if u didn't change car before 5 yr old, it is better and advisable to drive till 10th yr mark? [:/] So bo hwa to change the car btw 6-9 yr old? [:/]

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The dep is usually the steepest for the first 5 yrs. From 5th yr onwards, the dep is more linear as the loss in paper value is only 10% of COE plus few percent of OMV.

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