Nivlac Neutral Newbie July 11, 2008 Share July 11, 2008 Hiya, my colleague is intending to trade in her 4yr old vios ($28k) for an OPC Swift ($54k - $17k rebate). Understand that her road tax will be subsidized up to $800 and eligible to pay a min of $50. What i am curious is when she sells this opc car in the future how do we calculate its value? do we use the original omv? $9k for a brand new car seems too good to be true?? even if she uses the $20 coupon everyday she can afford to use coupons up to 3 years and drive daily on the roads. it is not likely that gov so blur got this loop hole... can anyone enlighten? ↡ Advertisement Link to post Share on other sites More sharing options...
Spurman Supercharged July 11, 2008 Share July 11, 2008 hmm, can your colleague sell her car to me, 28k for a vios seems a good price to me... I may wan2 buy le Link to post Share on other sites More sharing options...
Spurman Supercharged July 11, 2008 Share July 11, 2008 take note, tat although she still needs to clear outstanding loans.... so its not 9k for a new car.. Its 54k-17k=37k.. and if she still owes bank 30k, her old vios fetch her 28k, she end up need to pay bank 2k and then 37k for new car. unless her vios was bought on COD... Link to post Share on other sites More sharing options...
Nivlac Neutral Newbie July 12, 2008 Author Share July 12, 2008 loan fully cleared. champion motors are giving 4k for the body her paper is ard 24k Link to post Share on other sites More sharing options...
Drumstick Clutched July 12, 2008 Share July 12, 2008 4k for vios body?!?! Might as well sell outside can fetch higher price. 4yr old body, on average can fetch around 5 - 7 k. Depending on condition and kits. 54-17=37 37-28=9 Its nothing surprising since your friend is paying more for the downpayment. Its just like taking a N95 HP go trade in for a N6300. No need to top up some more the shop still pay you back $100 cash. Using a higher value to offset a lower value. If its 9k, might as well make full payment for it. No interest. And paper around 10k. It will be as though like paying $20 a day to drive and no extra charges for the car itself. And still can get back 1k after scrapping the car. Link to post Share on other sites More sharing options...
Seaweed 1st Gear July 12, 2008 Share July 12, 2008 9k extra for a new OPC....Thing to note is OPC!!!!! 20$ for 3 years then what happen after that ??? Vios 4 yrs + 3 yrs still got 3 more to go ??? so how come good deal ??? cannot understand where the good deal coming from !!!! there wasn't any good deal !!! Link to post Share on other sites More sharing options...
Friendstar Supercharged July 12, 2008 Share July 12, 2008 another case of people blindly compare OPC vs normal Car Link to post Share on other sites More sharing options...
Swift 1st Gear July 12, 2008 Share July 12, 2008 eh...her vios fully paid up meaning she can get to drive her vios for another 6yrs WITHOUT paying a single cent and get back about 5k when scrap...now she still need to pay ANOTHER 9k for an OPC, where got good deal or loop hole??? Link to post Share on other sites More sharing options...
Seaweed 1st Gear July 12, 2008 Share July 12, 2008 not trying to be nasty or bad...but i really wonder how old is TS...if he is a old fellow then I got nothing to say...but if TS is todays 20+ Singaporean....I am really worried !!!! Link to post Share on other sites More sharing options...
Xmenfreak2 Neutral Newbie July 12, 2008 Share July 12, 2008 bro kinda have to really see not the same type of car. it is like what our bro said comparing normal car vs OPC. For me, i rather keep the vios so only have to pay the road tax, servicing , insurance and season. A peace of mind. Cheers!! Link to post Share on other sites More sharing options...
Nivlac Neutral Newbie July 12, 2008 Author Share July 12, 2008 9k extra for a new OPC....Thing to note is OPC!!!!! 20$ for 3 years then what happen after that ??? Vios 4 yrs + 3 yrs still got 3 more to go ??? so how come good deal ??? cannot understand where the good deal coming from !!!! there wasn't any good deal !!! ===================== ya she is changing to opc as her new office is in town and she has a direct train to work hence the change. obviously she will not use the $20 coupon everyday... i was just stating a hypothetical. $9k more for a brand new car without any loan for 10years seems like quite a sweet deal especially if she only uses the car on weekends. my only concern is the rebate when she sells in a couple of years time. Link to post Share on other sites More sharing options...
Nivlac Neutral Newbie July 12, 2008 Author Share July 12, 2008 eh...her vios fully paid up meaning she can get to drive her vios for another 6yrs WITHOUT paying a single cent and get back about 5k when scrap...now she still need to pay ANOTHER 9k for an OPC, where got good deal or loop hole??? Confused =================== dude its another 10yrs in a brand new car for $9k? compared to the 70k i paid for a 1yr old car? Link to post Share on other sites More sharing options...
Nivlac Neutral Newbie July 12, 2008 Author Share July 12, 2008 not trying to be nasty or bad...but i really wonder how old is TS...if he is a old fellow then I got nothing to say...but if TS is todays 20+ Singaporean....I am really worried !!!! Sweat Drop Sweat Drop Sweat Drop ================================= i've been driving for almost 10 years and this is my 3rd car. but all these while i've not dealt with opc so seeking some advice from the forum gurus. seems like this is quite a taboo topic getting "flamed" by quite a few here.... i am enquiring for my colleague so pls dun flame the messager... PS. i know its not apple to apple comparison thats why my questions were strictly skewed towards the catch and how to calculate the rebate when she sells in the future. Link to post Share on other sites More sharing options...
Seaweed 1st Gear July 12, 2008 Share July 12, 2008 understand...apologise....i think you get a little "flamed" or I term them as very frank comments as there isn't really any logic...your fren should keep the vios if its in good condition to last till the 10th yr... Link to post Share on other sites More sharing options...
Swift 1st Gear July 12, 2008 Share July 12, 2008 hah...cannot count like that mah...not another 10yrs...is another 4 extra years as compared to the 6yrs she can still get for driving the vios and not paying any installment. Link to post Share on other sites More sharing options...
Swift 1st Gear July 12, 2008 Share July 12, 2008 no lah...ppl here not trying to "flame" u lah...dun worry... Think the general thinking is that it doesn't make sense to spend more money to get a new OPC car...pay 10k more can get new car, drive for 10yrs...BUT what if 3-4yrs down the road wanna change car again, how much can u get back for the OPC... Link to post Share on other sites More sharing options...
Jazz 2nd Gear July 12, 2008 Share July 12, 2008 Hiya, my colleague is intending to trade in her 4yr old vios ($28k) for an OPC Swift ($54k - $17k rebate). Understand that her road tax will be subsidized up to $800 and eligible to pay a min of $50. What i am curious is when she sells this opc car in the future how do we calculate its value? do we use the original omv? $9k for a brand new car seems too good to be true?? even if she uses the $20 coupon everyday she can afford to use coupons up to 3 years and drive daily on the roads. it is not likely that gov so blur got this loop hole... can anyone enlighten? Of coz thereodically it better for your colleague as she dun drive often and top up $9K for a brand new car. I catch what you mean. Link to post Share on other sites More sharing options...
Nivlac Neutral Newbie July 12, 2008 Author Share July 12, 2008 understand...apologise....i think you get a little "flamed" or I term them as very frank comments as there isn't really any logic...your fren should keep the vios if its in good condition to last till the 10th yr... Wink =============== ya actually i told her too... but my other advise was to get an SLK lah since she could afford it oh well... her vios really under utilized 4yrs less than 30k mileage! ↡ Advertisement Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
Swift Owners
Swift Owners
Fuel Pump
Fuel Pump
Any Swift 1.2 XG owner?
Any Swift 1.2 XG owner?
Can't shift car out of park position (Suzuki Swift 2009)
Can't shift car out of park position (Suzuki Swift 2009)
Increase comfort level
Increase comfort level
2016 / 2017 Suzuki Swift
2016 / 2017 Suzuki Swift
09/10 Suzuki Swift Sport, possible to turbo charge it?
09/10 Suzuki Swift Sport, possible to turbo charge it?
Confirm faulty MAF?
Confirm faulty MAF?