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Samwng
Samwng post Jan 4 2010, 01:32 PM  
Post #1


2nd Gear
Posts: 232
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Do anyone knows or have a excel formula to share with me..

My Car is 03/05 register & intend to de-register

OMV: $22k
Parf: $18k
QP: $21k
Rebate: $9k
Total Rebate: $27k
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Galantspeedz
Galantspeedz post Jan 4 2010, 01:33 PM   |  In Reply To Samwng
Post #2


2Fast2Furious
Posts: 34,428
Warn: -----


QUOTE (Samwng @ Jan 4 2010, 01:32 PM) *
Do anyone knows or have a excel formula to share with me..

My Car is 03/05 register & intend to de-register

OMV: $22k
Parf: $18k
QP: $21k
Rebate: $9k
Total Rebate: $27k



your paper is 27k lor sweatdrop.gif .... you took this from LTA right?


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MCF Hamsup Tiko Ranger
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Samwng
Samwng post Jan 4 2010, 01:45 PM   |  In Reply To Galantspeedz
Post #3


2nd Gear
Posts: 232
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Yes. That simple ?
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Ben5266
Ben5266 post Jan 4 2010, 02:15 PM  
Post #4


6th Gear
Posts: 3,561
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Yes. That simple. Excellence service from LTA.
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Thunder7890
Thunder7890 post Jan 4 2010, 02:37 PM   |  In Reply To Samwng
Post #5


2nd Gear
Posts: 155
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LTA rebate amount excluding body value.
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Longhorn
Longhorn post Jan 4 2010, 02:37 PM   |  In Reply To Samwng
Post #6


2nd Gear
Posts: 241
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QUOTE (Samwng @ Jan 4 2010, 01:32 PM) *
Do anyone knows or have a excel formula to share with me..

My Car is 03/05 register & intend to de-register

OMV: $22k
Parf: $18k
QP: $21k
Rebate: $9k
Total Rebate: $27k


your PARF = 75% x ARF = 75% x (22k x 110%) = $18k

your COE rebate = 21k x (62/120) = $10.8k? not sure why u only have $9k. is it cos u have Cat E COE?

hope my calns r correct...
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Samwng
Samwng post Jan 4 2010, 04:04 PM   |  In Reply To Longhorn
Post #7


2nd Gear
Posts: 232
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Ya.. My COE is E- Open Cat
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Juvefan
Juvefan post Apr 8 2010, 11:32 AM   |  In Reply To Samwng
Post #8


Neutral Newbie
Posts: 5
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Hi, am interested in buying a 2nd hand OPC car and need some help in calculating scrap value of OPC cars for comparison between different deals. Amounts quoted are before any OPC rebates.

Hypothetical case A

Car age: less than 5 years
COE: 14K
OMV: 13K
Paper value: ??

Hypothetical case B

Car age: less than 5 years
COE: 22K
OMV: 11K
Paper value: ??

Would appreciate if someone can come up with a detailed working for both cases. Thanks.
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Weewee1976
Weewee1976 post Apr 8 2010, 11:51 AM   |  In Reply To Juvefan
Post #9


3rd Gear
Posts: 331
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QUOTE (Juvefan @ Apr 8 2010, 11:32 AM) *
Hi, am interested in buying a 2nd hand OPC car and need some help in calculating scrap value of OPC cars for comparison between different deals. Amounts quoted are before any OPC rebates.

Hypothetical case A

Car age: less than 5 years
COE: 14K
OMV: 13K
Paper value: ??

Hypothetical case B

Car age: less than 5 years
COE: 22K
OMV: 11K
Paper value: ??

Would appreciate if someone can come up with a detailed working for both cases. Thanks.


We'll need to know the actual year registered for cars A and B.
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Juvefan
Juvefan post Apr 8 2010, 11:52 AM   |  In Reply To Weewee1976
Post #10


Neutral Newbie
Posts: 5
Warn: -----


Hi, am interested in buying a 2nd hand OPC car and need some help in calculating scrap value of OPC cars for comparison between different deals. Amounts quoted are before any OPC rebates.

Hypothetical case A

Date registered: Sep 05
COE: 14K
OMV: 13K
Paper value: ??

Hypothetical case B

Date registered: May 2005
COE: 22K
OMV: 11K
Paper value: ??

Would appreciate if someone can come up with a detailed working for both cases. Thanks.
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Little_prince
Little_prince post Apr 8 2010, 11:53 AM  
Post #11


NOS-ed
Posts: 11,812
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jsut post the link and we'll advise it's its a gd buy or not lor


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Juvefan
Juvefan post Apr 8 2010, 11:57 AM   |  In Reply To Little_prince
Post #12


Neutral Newbie
Posts: 5
Warn: -----


Hi, I would rather understand the workings behind the calculations so I can do future deliberations on my own. Thanks!
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Mrbms
Mrbms post Apr 8 2010, 01:09 PM  
Post #13


2nd Gear
Posts: 221
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eh.... dun think u'll ever b able to buy a car at paper value & stil use it on sillypore rds lor... 2nd hand car dealers will nvr do that & direct sellers rather sell to dealers cos less troublesome ma...

think u shld consider hw much u willing to pay for depreciation per year on the opc, then multiply the no. of years left on the coe. that wld gif u an ideal of the selling price of the car
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Juvefan
Juvefan post Apr 8 2010, 02:15 PM   |  In Reply To Mrbms
Post #14


Neutral Newbie
Posts: 5
Warn: -----


Granted that, but perhaps knowing the paper value of a vehicle would form a baseline from which to gauge an appropriate price to pay for the car?
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Darkblue
Darkblue post Apr 8 2010, 02:16 PM  
Post #15


5th Gear
Posts: 1,012
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Dun need to headache to know how to calculate...

LTA got a link for you to check, Enquire PARFCOE Rebate for Registered Vehicle
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Little_prince
Little_prince post Apr 8 2010, 02:37 PM   |  In Reply To Juvefan
Post #16


NOS-ed
Posts: 11,812
Warn: -----


QUOTE (Juvefan @ Apr 8 2010, 02:15 PM) *
Granted that, but perhaps knowing the paper value of a vehicle would form a baseline from which to gauge an appropriate price to pay for the car?


sure.... but who would sell you at that price?

just check the paper value on the LTA webby...

everyone wants to buy at paper value+ a few k.... would you be willing to sell at that?


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Ody
Ody post Apr 10 2010, 06:23 PM   |  In Reply To Little_prince
Post #17


Novice
Posts: 24
Warn: Banned


sell direct to buyers!

laugh.gif
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Mcfmun
Mcfmun post Apr 10 2010, 11:50 PM   |  In Reply To Ody
Post #18


1st Gear
Posts: 77
Warn: -----


QUOTE (Ody @ Apr 10 2010, 06:23 PM) *
sell direct to buyers!

laugh.gif


Yes. Sell direct to private buyers. My car paper value is zero. I suppose I have to give my car to the used car dealers plus some K for the body if I want to get rid of it? laugh.gif

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