Get back any money??? (OPC converted to normal plate)

[Sorrow]

Hi all,

 

getting another car as current car going to the metal grave in a few days time, was thinking of getting a 2007 OPC car and asking the dealer to convert to normal plate for me. Like to kindly check if I will still get back any money upon de-registration from Ah Gong??? Sorry for noob qns as current car is COE car, thus not too sure

[Sporadic]

Basically, you would need to top up some cash to convert it to a normal car. For, say an Aug 2007 car, you will need to pay $1,700 X 6 years (the remaining lifespan of the car)= $10,200.

 

This will, however , go back to your OMV/COE (because the original 17k discount the first owner enjoyed was taken off these 2 components). In other words, your car will have some paper value, and you should get some money back at de-reg.