Acemundo Supercharged March 1, 2016 Share March 1, 2016 Price is negotiable and my parf rebate at end of coe. I don't know to believe the bro who used omv 12k divide by half or the amount i checked on lta website for the parf value...lol Based on my memory, 2008 car parf rebate shld be 55% of omv and it doesnt differ and looks closer to 6.5k scrap on last day of the car. However since you claimed tou use the lta calculator, the value at scrapping date (may be earlier than the last day of the car) would be accurate as well. I suspect the difference is due to the coe rebate for the remaining months left for the car's life. Technically speaking the correct way to calculate depn is purchase price less scrap value on last day of car divided by remaining life of car. ↡ Advertisement Link to post Share on other sites More sharing options...
0wnage10 1st Gear March 1, 2016 Share March 1, 2016 after feb 2008 is 50% of omv Anyone interested in Nissan Latio ? 7months to drive, parf value $8576 asking for $14500 ono... i can offer $11500 Link to post Share on other sites More sharing options...
Haikel 1st Gear March 1, 2016 Share March 1, 2016 (edited) i feel some buyers are scaring away sincere direct sellers by offering too low.. yet blame dealers taking away deals. be considerate when u offer. imagine if u r selling how low u will go. Edited March 1, 2016 by Haikel 3 Link to post Share on other sites More sharing options...
Zeally 3rd Gear March 2, 2016 Share March 2, 2016 i feel some buyers are scaring away sincere direct sellers by offering too low.. yet blame dealers taking away deals. be considerate when u offer. imagine if u r selling how low u will go. Agreed! Up 5 for you. But it goes both ways la. The so call direct sellers here post dealer prices. So bo choice but to bring them reality. In fact, most of the prices in sgcarmart can be negotiated to lower than the figures there. I would say willing buyer willing seller. Low baller in one's eye may end up offering the highest. No harm parking a price. If dun like dun sell lo. Willing buyer willing seller. If direct seller can sell here, then can always go to dealer where they are really low balling pple. 2 Link to post Share on other sites More sharing options...
hatuah 1st Gear March 2, 2016 Share March 2, 2016 Lowering my ask price to $18,000. $9k depreciation for a 2 litre coupe. Engine, gearbox etc all well taken care of and works perfectly. Price slightly negotiable but please don't low ball. Hi all Got a 2.0 Auto Hyundai Tuscani to let go. Drive till Nov 2016 Black Exterior 9/10 (View to believe! Definitely doesn't look like a 9 year old car) Interior 8/10 Engine 9/10 Mileage 146xxxk OMV $19,837 Full service records at Komoco. One more free servicing left at Komoco. Can consider for COE renewal PARF upon expiry $10,910 Asking for $19,500 Can transfer immediately. Text me at 9 six 5 8 4 8 2 two. Link to post Share on other sites More sharing options...
Cephas 3rd Gear March 2, 2016 Share March 2, 2016 Based on my memory, 2008 car parf rebate shld be 55% of omv and it doesnt differ and looks closer to 6.5k scrap on last day of the car. However since you claimed tou use the lta calculator, the value at scrapping date (may be earlier than the last day of the car) would be accurate as well. I suspect the difference is due to the coe rebate for the remaining months left for the car's life. Technically speaking the correct way to calculate depn is purchase price less scrap value on last day of car divided by remaining life of car. Yup that's correct. Left 1 variable which can affect the dep is my price is negotiable. My COE value is S$0 at end of COE. Parf at end of COE is S$7091. Thank you for your informative response. Yet many here start to throw tantrum about my high price using their own "reasonable and righteous" standard. The LOL thing is they have no intention to buy yet make the most noise like suan lah, still dare to post here lah, etc. Please fill in this proverb if you are one of the "reasonable and righteous" - Empty vessels make the most _ _ _ _ _! Link to post Share on other sites More sharing options...
Zeally 3rd Gear March 2, 2016 Share March 2, 2016 Lowering my ask price to $18,000. $9k depreciation for a 2 litre coupe. Engine, gearbox etc all well taken care of and works perfectly. Price slightly negotiable but please don't low ball. Do you want to share the price that dealers have offered you? If you do that, at least you can filter out all the low ballers who offer lower than dealers. Saves u some frustration. Link to post Share on other sites More sharing options...
Cephas 3rd Gear March 2, 2016 Share March 2, 2016 (edited) Agreed! Up 5 for you. But it goes both ways la. The so call direct sellers here post dealer prices. So bo choice but to bring them reality. In fact, most of the prices in sgcarmart can be negotiated to lower than the figures there. I would say willing buyer willing seller. Low baller in one's eye may end up offering the highest. No harm parking a price. If dun like dun sell lo. Willing buyer willing seller. If direct seller can sell here, then can always go to dealer where they are really low balling pple. Quoting your above sentence "But it goes both ways la. The so call direct sellers here post dealer prices. So bo choice but to bring them reality. In fact, most of the prices in sgcarmart can be negotiated to lower than the figures there." I may need your help when I buy from sgcarmart. commission you will get is how much you can negotiable down from the dealer. Edited March 2, 2016 by Cephas Link to post Share on other sites More sharing options...
Zeally 3rd Gear March 2, 2016 Share March 2, 2016 Quoting your above sentence "But it goes both ways la. The so call direct sellers here post dealer prices. So bo choice but to bring them reality. In fact, most of the prices in sgcarmart can be negotiated to lower than the figures there." I may need your help when I buy from sgcarmart. commission you will get is how much you can negotiable down from the dealer. Good money. Let me know. Link to post Share on other sites More sharing options...
Acapulco 2nd Gear March 2, 2016 Share March 2, 2016 I thought depreciation calculation is quite a straightforward calculation, I get 12k on calculation. Can you show us how you get 9k pls? Since he said that he worked out for me how to get depreciation of $9k/year, I feel obliged to share that I'm the one who PMed him. Indeed, we are all correct that the depreciation is $12k/yr at his asking price of $30k. He has said in his later post that the min PARF is $7,091. So depreciation of $9k/yr is really only when the deal price is WAY below $30k. Personally, I feel that it will be a HUGE challenge for him to sell here with so many knowledgeable bros here. He will have better luck elsewhere instead of wasting his time here. 1 Link to post Share on other sites More sharing options...
Neutrino Supercharged March 2, 2016 Share March 2, 2016 Anyone interested in Nissan Latio ? 7months to drive, parf value $8576 asking for $14500 ono... What did the free valuation on Quotz give you?? And why don't you give the mileage because isn't that the most important factor??? Link to post Share on other sites More sharing options...
Cephas 3rd Gear March 2, 2016 Share March 2, 2016 Good money. Let me know. zeally?...lol Since he said that he worked out for me how to get depreciation of $9k/year, I feel obliged to share that I'm the one who PMed him. Indeed, we are all correct that the depreciation is $12k/yr at his asking price of $30k. He has said in his later post that the min PARF is $7,091. So depreciation of $9k/yr is really only when the deal price is WAY below $30k. Personally, I feel that it will be a HUGE challenge for him to sell here with so many knowledgeable bros here. He will have better luck elsewhere instead of wasting his time here. thank you for your advice bro, at the same time, highlighting my parf is indeed higher than the so-call 6.6k and my price is negotiable below 30k. Link to post Share on other sites More sharing options...
Kezg1 5th Gear March 2, 2016 Share March 2, 2016 Parf is only 2.5k if fore go I think it's worth,what is the cash involved if I take over now?ex,insurance,transfer,paying $2.5k for the car, Next after owning is paying PQP, insurance for the new Coe term right? Or anything that I've missed.thought of renewing it for 5 years only. Thks again! ..and insurance coy will only allow you to buy 3rd party...iirc Link to post Share on other sites More sharing options...
Maxine23 Neutral Newbie March 2, 2016 Share March 2, 2016 More details on my Nissan Latio....black color, 4owners, mileage 150k km, good condition have been driving it for the last 3years. Thanks for those who have pm me . I got offers at $12k highest but I am just considering it for the next few days as I am collecting my new car on Friday. Thanks and those interested can pm me. Link to post Share on other sites More sharing options...
ChenChiangLoon Neutral Newbie March 2, 2016 Share March 2, 2016 Vehicle Make: MITSUBISHI Vehicle Model: LANCER 1.6 M Primary Colour: Silver Sports version Manual OMV: $10,852 Car Register Date: 12 Jul 2017 Letting go at S$15,000. Looking for non fussy driver. Please sms me if you are interested. 81120176 Requote for any takers, can whatsapp or sms me. Link to post Share on other sites More sharing options...
hatuah 1st Gear March 2, 2016 Share March 2, 2016 Do you want to share the price that dealers have offered you? If you do that, at least you can filter out all the low ballers who offer lower than dealers. Saves u some frustration. I haven't been to any 2nd hand car dealers yet but most of the ADs at showrooms are quoting me only the paper value which is around $12k. If I were to trade in my car to AD at that price, I might as well keep it and scrap it when the COE expires in Nov this year. Link to post Share on other sites More sharing options...
AlbertChang Neutral Newbie March 2, 2016 Share March 2, 2016 I have a subaru Legacy 2.0R Mileage : 114928 as per now car detail as below: Do take note that Aircon spoilt is have no intention to repair and we be scrap when time up. So see anyone interested to offer.If i de-register on 15 March and that will be the price. Those who interested can sms/call 87777101 Albert Vehicle Make: SUBARU Vehicle Model: LEGACY 2.0R Primary Colour: Grey Manufacturing Year: 2006 Engine No.: EJ20C778205 Chassis No.: JF1BL5KS56G022885 Maximum Power Output: 121.0 kW (162 bhp) Open Market Value: $21,488.00 Original Registration Date: 23 May 2006 First Registration Date: 23 May 2006 Transfer Count: 3 Actual ARF Paid: $23,637.00 Intended PARF Rebate Details PARF Eligibility: Yes PARF Eligibility Expiry Date: 22 May 2016 PARF Rebate Amount: $11,818.00 Intended COE Rebate Details COE Expiry Date: 22 May 2016 COE Category: B - Car (1601cc & above) COE Period(Years): 10 QP Paid: $11,519.00 COE Rebate Amount: $213.00 Total Rebate Amount: $12,031.00 Link to post Share on other sites More sharing options...
Zeally 3rd Gear March 2, 2016 Share March 2, 2016 I haven't been to any 2nd hand car dealers yet but most of the ADs at showrooms are quoting me only the paper value which is around $12k. If I were to trade in my car to AD at that price, I might as well keep it and scrap it when the COE expires in Nov this year. Hmm, so u haven't gotten new car? If so, then how about just wait till nov when car about the expire then buy new car since its scrap value anyway? More economical and saves $$ too. It only make sense to sell now if u got new car coming... unless u wanna stop driving temporarily, but honestly such cars are harder to sell as compared to B&B cars. You should drive till last day. ↡ Advertisement Link to post Share on other sites More sharing options...
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