Nekigosu Clutched May 22, 2015 Share May 22, 2015 I am going to get a second hand van that has 2 year COE left and register under company name how much down payment do i have to fork out? besides insurance what are the other extra expenses i have to pay? ↡ Advertisement Link to post Share on other sites More sharing options...
BanCoe Hypersonic May 22, 2015 Share May 22, 2015 of course Road tax which is kind of standard for vans with G plate which if I am not wrong is about $400+ plus annual inspection of $80 plus and summons from time to time like any other vehicle; But got to be careful with this Euro techno engines - as far as I know all got give some problems after about 7-8 years; What brand is it ?? Petrol or Diesel; Gone are the good old Jap vans which can really last 20 years- Even the Jap vans now are using Euro compliant engines Link to post Share on other sites More sharing options...
Nekigosu Clutched May 22, 2015 Author Share May 22, 2015 of course Road tax which is kind of standard for vans with G plate which if I am not wrong is about $400+ plus annual inspection of $80 plus and summons from time to time like any other vehicle; But got to be careful with this Euro techno engines - as far as I know all got give some problems after about 7-8 years; What brand is it ?? Petrol or Diesel; Gone are the good old Jap vans which can really last 20 years- Even the Jap vans now are using Euro compliant engines Most likely Diesel toyota liteace how about the down payment? for company van don't have to down 50% right? Link to post Share on other sites More sharing options...
Watwheels Supersonic May 22, 2015 Share May 22, 2015 There's no loan restriction on commercial vehicles. Look for the company Abwin. They deal mostly with preown commercial vehicles. Link to post Share on other sites More sharing options...
Nekigosu Clutched May 22, 2015 Author Share May 22, 2015 There's no loan restriction on commercial vehicles. Look for the company Abwin. They deal mostly with preown commercial vehicles. meaning i don't have to down any upfront cash and take 100% loan? Link to post Share on other sites More sharing options...
Bicolor 5th Gear May 22, 2015 Share May 22, 2015 meaning i don't have to down any upfront cash and take 100% loan? Technically there's no law which prohibits 100% loan for commercial vehicles. But despite the fact that most dealers claim to offer such loans, in my experience most of them will ask for at least a 10% or 20% downpayment. Link to post Share on other sites More sharing options...
Nekigosu Clutched May 22, 2015 Author Share May 22, 2015 (edited) Technically there's no law which prohibits 100% loan for commercial vehicles. But despite the fact that most dealers claim to offer such loans, in my experience most of them will ask for at least a 10% or 20% downpayment. Noted. Thanks! I think i read somewhere there is also a special diesel tax? is it in addition to the road tax? Edited May 22, 2015 by Nekigosu Link to post Share on other sites More sharing options...
Bicolor 5th Gear May 22, 2015 Share May 22, 2015 Noted. Thanks! I think i read somewhere there is also a special diesel tax? is it in addition to the road tax? That's only for diesel passenger cars, not commercial vehicles. http://www.lta.gov.sg/content/ltaweb/en/roads-and-motoring/owning-a-vehicle/costs-of-owning-a-vehicle/tax-structure-for-cars.html Link to post Share on other sites More sharing options...
Nekigosu Clutched May 22, 2015 Author Share May 22, 2015 That's only for diesel passenger cars, not commercial vehicles. http://www.lta.gov.sg/content/ltaweb/en/roads-and-motoring/owning-a-vehicle/costs-of-owning-a-vehicle/tax-structure-for-cars.html Okay great haha. Besides Abwin are there any other recommended preown commercial vehicles company that are honest and provide good customer service? Link to post Share on other sites More sharing options...
Fcw75 Hypersonic May 22, 2015 Share May 22, 2015 Abwin and Think One. They are the 2 biggest commercial vehicle dealers. Link to post Share on other sites More sharing options...
Nekigosu Clutched May 22, 2015 Author Share May 22, 2015 Thank you all for your help. Really appreciate it =) Link to post Share on other sites More sharing options...
ER-3682 Twincharged May 22, 2015 Share May 22, 2015 8 years old van,usually very high mileage,so people gave up.!You prepared for huge repairing costs... Link to post Share on other sites More sharing options...
Nekigosu Clutched May 23, 2015 Author Share May 23, 2015 (edited) 8 years old van,usually very high mileage,so people gave up.!You prepared for huge repairing costs... I was actually looking for those more than 10 years van lol new vans very expensive =( but people told me toyota liteace quite durable and problem free? Edited May 23, 2015 by Nekigosu Link to post Share on other sites More sharing options...
ER-3682 Twincharged May 23, 2015 Share May 23, 2015 I was actually looking for those more than 10 years van lol new vans very expensive =( but people told me toyota liteace quite durable and problem free? Such old vans even how durable,some hit 300,000km,problem sure come in... Link to post Share on other sites More sharing options...
Fcw75 Hypersonic May 23, 2015 Share May 23, 2015 I was actually looking for those more than 10 years van lol new vans very expensive =( but people told me toyota liteace quite durable and problem free? You are looking at 15 years old van. U cannot expect it to be problem free. Better set aside some money for repair. Link to post Share on other sites More sharing options...
ER-3682 Twincharged May 23, 2015 Share May 23, 2015 That is why in S'pore very difficult to do small business... current paper already costed $52,000,10 years ago my new Nissan Cabstar only costed $45,000 on the road. Link to post Share on other sites More sharing options...
Fcw75 Hypersonic May 23, 2015 Share May 23, 2015 That is why in S'pore very difficult to do small business... current paper already costed $52,000,10 years ago my new Nissan Cabstar only costed $45,000 on the road. You are right bro. 8 years back I bought my Caddy TDI for only $47000 when it was first launched. Now? More than $100K! Link to post Share on other sites More sharing options...
ER-3682 Twincharged May 23, 2015 Share May 23, 2015 Even now a paper for Motocycle also costed $6500. ↡ Advertisement Link to post Share on other sites More sharing options...
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