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Coe has been on hovering 70k plus and nobody know when it will drop and new car and used car (2L and above) price is still very expensive to certain people even for 2L and below for those who currently own a car now and the coe going to expire soon and caught in the middle of buying new or used car but if the currently own car (2L and above) is in good condition and have been service regularly, will be make sense to renew it if just paying 70k plus for the next 10 years as the new/ used car depreciation is above 10k and above for a 2L car

Current car COE expiring in Early 2013. If scrap, should take back about $13k. Aiming for 2014 - 2016 if COE goes down due to De-registration to buy new car. Hence, buying a new car now doesn't seem to be a good decision. For COE cars, the previous OMV rebates is lost right? Is my calculation correct? Seems like buying a pre-owned car with depreciation less than $9k will be a better option? Thanks in advance. If Renew COE (5yrs) No scrap value 5 yrs COE at ~$25k at 50% off (No loan, full cash) Increasing road tax every year Potentially high maintenance cost Estimate depreciation of about $5k (COE) + $3k (OMV) + $1k (potential maintenance) = $9k If buy Used <3 yrs old car : Pay depreciation for previous owner <5 yrs old car : Also pay depreciation for previous owner but maybe lesser <7 yrs old car : Could be high maintenance due to major wear & tear, but lesser depreciation >7 yrs old car : Could be even high maintenance due to major wear & tear, but least depreciation

Anyone can share how you assessed your car when u decided to do Coe renewal for 5 or 10 years? As in how u know if the car still can last that longer?

Friends in MCF, can someone enlightened me regarding COE renewal. My current car left one more year, if I decide to renew the COE for 5 years upon expire, can I pay it via installment? If so, what will be the step by step like? Hope someone can advice, TIA