I will buy a new car within 1yr,
But can't decide to renew Coe or buy left one yr civic or to rent car
for one yr
damm sian when KM sales supervisor say new 2016 civic wil cost 120-130k at current Coe levels
Apr PQP is 47,500
My parf is 10.3k.
If renew 10yrs is 57,800
depreciation is 5,780 (if drive entire 10yrs)
If renew 5yrs is 34,050
depreciation is 6,810 (if drive entire 5yrs)
depreciation of a left one yr civic is fr 10k+ onwards…
Pros of renew 10yr is lower depr compared to renew 5yr.
Cons of renew 10ys is harder to sell coz higher upfront cost for buyers
Since I will buy a new car within 1yr, should I scrap & buy a left one yr civic?
Or renew coe? If renew, should renew 5 or 10yrs?
Or rent car
for one yr?
Current ride: Civic FD1manual
Registered 26 Apr 2006
original Kah Motor fitted Mugen Kit
Scrap body value estimated $500 - 1000+ ?
Edited by Athrin, 01 April 2016 - 09:01 PM.