2015 Nissan Serena S-Hybrid 2.0 MPV

[tanfrancis77]

Holding back my purchase for a few more COE bidding.... Looking at the current economy outlook, I think there is only one way the COE will go... that is downward trend.

 

But on the other hand the trade in price of my old car will be also going down. Will need to look at the overall package to determine the attractiveness.

 

Hopefully, I can book the car in april and get it in June. So that I no need to renew road tax for my old car.... :)

[Xerockz]

It depends a lot on what type of car you driving now and the expected COE price when you hand over your car. If your car is good for uber rental ( grey, black, or white color, cat A car, 2-3years left) , they will fetch higher price, and now most car dealer is expecting Coe to drop further, so your trade in price will not be good.

Normally car dealer will make abt 5-7k from selling your car, they will spend 1-2k to do up your car. So you need to knock off 6-9k off the sgcarmart selling price. 15k off is really quite a big different.

 

Thanks for the explanation.

 

Currently driving a black honda stream rsz. Left 23 months. Same car and age in sgcamart selling around $37k. SE quoted me 20k. So I was very disappointed with the trade in offer.

 

Still have around 2 years to scrap my car, will wait and monitor the COE.

[Wong_Y]

Holding back my purchase for a few more COE bidding.... Looking at the current economy outlook, I think there is only one way the COE will go... that is downward trend.

 

But on the other hand the trade in price of my old car will be also going down. Will need to look at the overall package to determine the attractiveness.

 

Hopefully, I can book the car in april and get it in June. So that I no need to renew road tax for my old car.... :)

[Wong_Y]

 

Holding back my purchase for a few more COE bidding.... Looking at the current economy outlook, I think there is only one way the COE will go... that is downward trend.

 

But on the other hand the trade in price of my old car will be also going down. Will need to look at the overall package to determine the attractiveness.

 

Hopefully, I can book the car in april and get it in June. So that I no need to renew road tax for my old car.... :)

In my view COE won't go down further... It should stabilise within 40-60k region. Reasons:

1. You can refer to 16 February ST news on retailer sales. Cars market was the one which lift up the retail sales.... So to Singaporean car is 'recession proof' even the ecnonmy outlook is uncertain.

2. We can also observed that the demand for COE is more than supply. I suggest you pay attention to the bidding process. Many PIs made their bid at around 40k region for CAT B.... So PIs still have a lot of backlog for they made their bid at 35k-40k..region. So they will have eventual adjust their bid to secure their deal.

3. Furthermore Many car owners also think it good time to renew COE. Just last year it was about 75k.

 

Unless COE quota increase significantly else I Dnt see it will go down further.... That why I think it is the right time to enter two weeks ago and received the good news this wed from the SE that my COE is secured.

Edited February 19, 2016 by Wong_Y

[kmttan]

Thanks for the explanation.

 

Currently driving a black honda stream rsz. Left 23 months. Same car and age in sgcamart selling around $37k. SE quoted me 20k. So I was very disappointed with the trade in offer.

 

Still have around 2 years to scrap my car, will wait and monitor the COE.

 

Stream and Wish used to depreciate at $15K/year 2 months ago. A 2 year old Stream should fetch $40K and dealer will easily offer $30-35K. Now that new car prices have come down, used car prices will also go towards paper value. That $37K asking price car should be bought 2 month ago. Looks like Stream's depreciation have fallen to 8k/year. Old cars used to depreciate more than new ones 2-4 months ago. Hence, many of us traded-in our cars. In current situation, old car depreciate much lesser than new one. Suggest you to drive the Stream till it expires.

[HHHuat]

Thanks for the explanation.

 

Currently driving a black honda stream rsz. Left 23 months. Same car and age in sgcamart selling around $37k. SE quoted me 20k. So I was very disappointed with the trade in offer.

 

Still have around 2 years to scrap my car, will wait and monitor the COE.

It's always a irony , COE come down, trade in price is lower. So, there are no good timing. My heart was so pain when cat B COE drop from 58k to 38k. But at the same time, I got a slightly better trade in price for my 8years old lancer, I got abt 4-5k above outside dealer, but than it is still not enough to cover the COE drop.

so I guess the moral of the story is dun think too much abt the trade in price. just set a comfy COE level that you can afford or willing to pay. The rest of the things are not within our control.

Edited February 20, 2016 by HHHuat

[kmttan]

It's always a irony , COE come down, trade in price is lower. So, there are no good timing. My heart was so pain when cat B COE drop from 58k to 38k. But at the same time, I got a slightly better trade in price for my 8years old lancer, I got abt 4-5k above outside dealer, but than it is still not enough to cover the COE drop.

so I guess the moral of the story is dun think too much abt the trade in price. just set a comfy COE level that you can afford or willing to pay. The rest of the things are not within our control.

Though COE is $10k lower now, the car price is likely fallen by $5k only. Not forgetting that our used car then worth a lot more than now. Like you said, there is no good time, but only a time of new need arises.

[Xerockz]

It's always a irony , COE come down, trade in price is lower. So, there are no good timing. My heart was so pain when cat B COE drop from 58k to 38k. But at the same time, I got a slightly better trade in price for my 8years old lancer, I got abt 4-5k above outside dealer, but than it is still not enough to cover the COE drop.

so I guess the moral of the story is dun think too much abt the trade in price. just set a comfy COE level that you can afford or willing to pay. The rest of the things are not within our control.

Thanks for the advice. Shall monitor the coe and see how it goes.

Stream and Wish used to depreciate at $15K/year 2 months ago. A 2 year old Stream should fetch $40K and dealer will easily offer $30-35K. Now that new car prices have come down, used car prices will also go towards paper value. That $37K asking price car should be bought 2 month ago. Looks like Stream's depreciation have fallen to 8k/year. Old cars used to depreciate more than new ones 2-4 months ago. Hence, many of us traded-in our cars. In current situation, old car depreciate much lesser than new one. Suggest you to drive the Stream till it expires.

If the price is right, will purchase. If not then drive to it expire. Thanks for the advice.

[Gnomish]

serena is now 123.8k? this is the lowest price ever right?

[primera38]

serena is now 123.8k? this is the lowest price ever right?

 

The price is relative to COE. Serena Highway Star without COE is about 77K assuming OMV is about 25k. Basic cost of the car excluding COE and overhead is about 62k.

 

Of the 123.8k, at least 81k goes to the gov.

[primera38]

Anyone setting this up on their Serena?

 

 

Part Number: 25550-3DA6A

 

Aliexpress sells for US$65.

[Limycron]

Anyone setting this up on their Serena?

 

c26_steering_control.jpg

 

Part Number: 25550-3DA6A

 

Aliexpress sells for US$65.

 

Hi

 

I'd bought Audio Steering Wheel Control (left side pc) but haven't installed yet :)

Edited February 24, 2016 by Limycron

[Gnomish]

The price is relative to COE. Serena Highway Star without COE is about 77K assuming OMV is about 25k. Basic cost of the car excluding COE and overhead is about 62k.

 

Of the 123.8k, at least 81k goes to the gov.

price is attractive. the only thing that bothers me is the height... too tall for some carparks.

[primera38]

Hi

 

I'd bought Audio Steering Wheel Control (left side pc) but haven't installed yet :)

 

Not sure if yours comes with the wire harness as there is only 1 connector port on the steering wheel. Both the audio and cruise control should be linked by a single wire harness.

 

 

Source: http://minkara.carview.co.jp/en/userid/177799/car/1105647/2346183/note.aspx

[primera38]

Back door auto closure module for Comfort. DIY. Does not look like an easy DIY job. The module itself cost about $500.

 

 

Source: http://minkara.carview.co.jp/en/userid/1472142/car/1078907/2363145/note.aspx

[primera38]

Before install of back door auto closure

 

After install

 

Source: http://minkara.carview.co.jp/en/userid/1472142/car/1078907/2363145/note.aspx

[Limycron]

Not sure if yours comes with the wire harness as there is only 1 connector port on the steering wheel. Both the audio and cruise control should be linked by a single wire harness.

 

 

Source: http://minkara.carview.co.jp/en/userid/177799/car/1105647/2346183/note.aspx

 

Woah, you are very resourceful hor! getting these info from the Japanese site!      

[Mcscot]

Bro ... nothing is recession proof apart from mortality rates even birth rates and taxes are recession averse!

 

In my view COE won't go down further... It should stabilise within 40-60k region. Reasons:
1. You can refer to 16 February ST news on retailer sales. Cars market was the one which lift up the retail sales.... So to Singaporean car is 'recession proof' even the ecnonmy outlook is uncertain.
2. We can also observed that the demand for COE is more than supply. I suggest you pay attention to the bidding process. Many PIs made their bid at around 40k region for CAT B.... So PIs still have a lot of backlog for they made their bid at 35k-40k..region. So they will have eventual adjust their bid to secure their deal.
3. Furthermore Many car owners also think it good time to renew COE. Just last year it was about 75k.

Unless COE quota increase significantly else I Dnt see it will go down further.... That why I think it is the right time to enter two weeks ago and received the good news this wed from the SE that my COE is secured.