Every 3 years

[MadDog70]

I've heard many will sell their rides every 3 years, because they can siam the high maintenance after the 3rd year.

How much will you actually lose if you change car every 3 years?

[Roh96]

Are you sure? With COE at this level ppl still talk about changing every 3 yr?

[Steptronic]

I guess at the present scenario, changing 2009 cars is profitable. But the new car purchased now would lose something like 40-50% after three years assuming that COE hovers around today's rates. Changing a car after three years by losing 50% is . With this 50% you can maintain the car for 15 more years!

[13177]

No need must be 3 years, if you change within 4 years mark, then should be able to siam all the wear & tear parts replacement. That's why some people will never have problems with their cars, cause they always change within 4 years. But for some people, they might need to spend some money on their cars to replace wear & tear parts, cause they drive their car more than 4 years.

 

But i always wonder it is more expensive to change car just to siam replacement of parts, than forking out a sum of money to change parts?!

[MX5NC2]

Do most cars become problematic after 3 or 4 years? Or is it just the kiasi syndrome at work?

[Typhoonz]

Cars do become problematic (Heng sway) after they go past the 3 - 3.5 year mark... Heng heng no major problems and just pay a bit here and there for small replacement parts... Sway sway then got major dai chi and major damage to your wallet...

[Vhtfhwlego]

2009 bought a car for 100K.

2012 sell the car for 100K.

 

3 years savings used to down for new car.

So that is y COE shot to S$80K.

[Toothiewabbit]

This notion that cars will run into big maintenance problems or breaking down after 3-4 years is just a myth. It just itchy backside owners' excuse to change cars. To replace the wear and tear of your existing car in today's context is cheaper than getting a new ride.

[Typhoonz]

2009 bought a car for 100K.

2012 sell the car for 100K.

 

3 years savings used to down for new car.

So that is y COE shot to S$80K.

 

Yah I can make an extra 6k for my car now... Bought at 72k and can sell for 78k...

[RadX]

is called the itchy hand syndrome.....

[13177]

2009 bought a car for 100K.

2012 sell the car for 100K.

 

3 years savings used to down for new car.

So that is y COE shot to S$80K.

2009 car cost 100K and you sell in 2012 for 100K only? I thought should be higher?! Like those jap and korea cars which bought in 2009 usually do not exceed 65K, but now they can sell all from 60K to 75K!

Edited April 13, 2012 by 13177

[13177]

Do most cars become problematic after 3 or 4 years? Or is it just the kiasi syndrome at work?

Most cars who past 3 years or more, surely got wear & tear problem. But major problem then must depends on your luck lo.

[Maldini03]

It is false that car will need high maintenance after the 3yr. It origin from high to low COE.

 

Prior to 2000, car has high OMV and high COE.

 

In 2005, COE dipped to 10k region. Therefore after calculating,, it is wortwhile to trade in old car for new car without top because old car has high OMW and High COE.

 

Eg: .

Old Nissan Salon in yr 2000 is selling at $80,000 (COE $35,000 + OMV $25000)

New Nissan Salon in yr 2005 is selling at $50,000 (COE $10,000 + omv $10,000)

 

In 2005, Old nissan salon if scrap can get back ($17,500 from COE and (1.3 X 25K) - $32,500 from OMV) total 50k.

 

This $50K can be used to buy a new card again, therefore some car owners might mis interpreted it as change car on the 4 or 5yr.

[Zanter]

I've heard many will sell their rides every 3 years, because they can siam the high maintenance after the 3rd year.

How much will you actually lose if you change car every 3 years?

 

Many cars have 3 year warranty. Say like BMW, if no warranty, electronic issues can cost an arm & leg. My buddy had his whole dashboard electronics replaced at 15k cos the ECU cannot recognise certain parts as being original, hence wont start. This is to prevent thieves from selling stolen parts.

[13177]

It is false that car will need high maintenance after the 3yr. It origin from high to low COE.

 

Prior to 2000, car has high OMV and high COE.

 

In 2005, COE dipped to 10k region. Therefore after calculating,, it is wortwhile to trade in old car for new car without top because old car has high OMW and High COE.

 

Eg: .

Old Nissan Salon in yr 2000 is selling at $80,000 (COE $35,000 + OMV $25000)

New Nissan Salon in yr 2005 is selling at $50,000 (COE $10,000 + omv $10,000)

 

In 2005, Old nissan salon if scrap can get back ($17,500 from COE and (1.3 X 25K) - $32,500 from OMV) total 50k.

 

This $50K can be used to buy a new card again, therefore some car owners might mis interpreted it as change car on the 4 or 5yr.

I guess you must do a calculation on how much your car can get back if you drive until 10 years, and then decide whether change car along the way better or drive until 10 year mark better.

[Unfazed]

For some, not much money left every mth after paying instalment, petrol, parking, etc. Hence only way to avoid paying more to maintenance will be to sell car away esp it still has value and swop for new & cycles begins..

 

HAve a few frens who r like that...avoid the major svc of their rides then sell them away bcos they got no more $ left for repairs.

[Zniper]

imho, it all depends on how well u take care of it... engine especially... wear and tears like brakes and tyres are unavoidable...

mine is in the 5th yr now and still going strong, juz tat i was psst wif the sound previously but it was solved and new engine mountings... :)

[Good-Carbuyer]

I've heard many will sell their rides every 3 years, because they can siam the high maintenance after the 3rd year.

How much will you actually lose if you change car every 3 years?

I believe its very subjective to the usage. At 20k km/year, most cars may not have major maintenance issues until 120k km (6 years old). Steel normally show age fatigue around age of 20. So the main concern are still accidents, COE, and high FC for some.