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CEVS ....


Civic6228
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useless?

 

paying for higher margin goods means u pay more at end of day, ie. higher depreciation.

 

lower depreciation -> cheaper

Similar spec cars btw diff brand can hav 10k diff meh?
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wah, this thread i read till  [dizzy]

 

ok, simple layman question. 

 

OMV $15,000

 

CEVS $10,000

 

How much do I get when I drive full 10 years & scrap ?

 

KUM SIA 

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wah, this thread i read till  [dizzy]

 

ok, simple layman question. 

 

OMV $15,000

 

CEVS $10,000

 

How much do I get when I drive full 10 years & scrap ?

 

KUM SIA 

Peanuts... enough for you to have a bowl of wanton..

Or 0.5 X ARF = 0.5 * 5k.. whichever is higher 

Edited by therock
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wah, this thread i read till [dizzy]

 

ok, simple layman question.

 

OMV $15,000

 

CEVS $10,000

 

How much do I get when I drive full 10 years & scrap ?

 

KUM SIA

I take it that the CEVS is 10k rebate.

 

In this case, since OMV is less than 20k, ARF is 100% of OMV = $15000.

 

10k rebate on ARF = nett $5k ARF paid.

 

PARF is 50% of ARF paid (end of 10 years) = $2.5k

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I take it that the CEVS is 10k rebate.

 

In this case, since OMV is less than 20k, ARF is 100% of OMV = $15000.

 

10k rebate on ARF = nett $5k ARF paid.

 

PARF is 50% of ARF paid (end of 10 years) = $2.5k

 

ok thanks  [thumbsup]

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https://www.onemotoring.com.sg/content/onemotoring/en/lta_information_guidelines/de_register_a_vehicle/PARF_COE_Rebates.html

 

Preferential Additional Registration Fee (PARF) Rebate

  • The PARF rebate is computed based on the age of the car at deregistration. The age of the car is computed from the date of its registration (locally or overseas, whichever is earlier).
  • The table below list the applicable PARF rebate based on the age of the car at deregistration:
 
Age at Deregistration PARF Rebate 
  Not exceeding 5 years 75% of ARF paid Above 5 but not exceeding 6 years 70% of ARF paid Above 6 but not exceeding 7 years 65% of ARF paid Above 7 but not exceeding 8 years 60% of ARF paid Above 8 but not exceeding 9 years 55% of ARF paid Above 9 but not exceeding 10 years 50% of ARF paid Above 10 years Nil

 

Edited by therock
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wah, this thread i read till  [dizzy]

 

ok, simple layman question. 

 

OMV $15,000

 

CEVS $10,000

 

How much do I get when I drive full 10 years & scrap ?

 

KUM SIA 

 

$2500.  [laugh]  [laugh]  [laugh]

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My wild guess based on past 2 rounds of CEVS announcement (which is based on just CO2 emission).

 

Rebates

Band A1 [up to 90g/Km] -$30K

Band A2 [91 - 100g/Km] -$15K

Band A3 [101 - 115g/Km] -$10K

Band A4 [116 - 130g/Km] -$5K

 

Neutral

Band B   [131 - 170g/Km] $0

 

Surcharges

Band C1 [171 - 185g/Km] +$5K

Band C2 [186 - 200g/Km] +$10K

Band C3 [201 - 215g/Km] +$15K

Band C4 [Above 215g/km] +30K

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For transparency on this CEVS rebate, it should be a cheque direct from LTA, not blended into the selling price of the car.

 

another better way is to give road tax rebate to the owner.

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WHATEVER LA ...

CEVS "rebate" is dealer profit margin ...

car selling price is SAME SAME BUT DIFFERENT ! LOL

 

Dealer can give back to us as "Discount".

 

Dealer can keep it as "margin"

 

What to do.  It is not worth it to self import.

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$10K rebate about $1K per year ... this one still quite ok

$15K rebate = $1.5K per year ... this one quite lugi leh assuming $15K rebate car the road tax probably below or $1K-ish nia

 

another better way is to give road tax rebate to the owner.

 

Edited by Wt_know
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