Carbon82 Moderator February 25, 2016 Share February 25, 2016 the only way to guarantee full CEVS rebate is if you pay for all the taxes on your own. glad i gotten someone to help me import my car and gotten a $30K CEVS rebate off my ARF! enjjoy the CEVS rebate while it last Must be an expensive ride with ultra low CO2 emission if you get to enjoy full $30 CEVS rebate, since LTA ruling said that min ARF of $5K is payable. Are you the owner of that white Tesla or other exotic full electric car? ↡ Advertisement 3 Link to post Share on other sites More sharing options...
serenade 6th Gear February 25, 2016 Share February 25, 2016 Using same logic as CEVS rebate where gahment remove the value of rebate from ARF at 10 years...... Nissan Teana 3.5L has a $15,000 CEVS surcharge instead of rebate. Does it mean that at end of 10 years, gahment will add $15,000 to the ARF of the Teana 3.5L? I will pinch myself to see that I am not dreaming if it is true. Link to post Share on other sites More sharing options...
Vratenza Supersonic February 25, 2016 Share February 25, 2016 Using same logic as CEVS rebate where gahment remove the value of rebate from ARF at 10 years...... Nissan Teana 3.5L has a $15,000 CEVS surcharge instead of rebate. Does it mean that at end of 10 years, gahment will add $15,000 to the ARF of the Teana 3.5L? I will pinch myself to see that I am not dreaming if it is true. Time to wake up! ;) Either rebate or penalty, the govt wins. AD smaller winner. They mark up original car price by 10k then use the 10k CEVS rebate to make u "happy". Little are alot of car buyers aware that their ARF already kenna deducted when they drive their new car out of the showroom. I don't see ADs absorbing the CEVS penalty either. Either way buyers are the losers. That is why I prefer to buy a CEVS neutral car in this big govt Green Wayang. Link to post Share on other sites More sharing options...
Carbon82 Moderator February 26, 2016 Share February 26, 2016 Using same logic as CEVS rebate where gahment remove the value of rebate from ARF at 10 years...... Nissan Teana 3.5L has a $15,000 CEVS surcharge instead of rebate. Does it mean that at end of 10 years, gahment will add $15,000 to the ARF of the Teana 3.5L? I will pinch myself to see that I am not dreaming if it is true. Hello, time to wake up. Only CEVS rebate will be taken into consideration of the PARF value. A surcharge, as the name imply, is simply a "penalty", and will not be addeed to the PARF value... Just like ABSD, you get absolutely nothing when you sell it!! 5 Link to post Share on other sites More sharing options...
Carbon82 Moderator February 26, 2016 Share February 26, 2016 Running through LTA data base, actually only 8 vehicles has CO2 emission of 95g/Km or lesser. And of this, probably none has ARF of >$35K... So the $30K CEVS rebate is a smoke screen afterall... 4 Link to post Share on other sites More sharing options...
keanie Turbocharged February 26, 2016 Share February 26, 2016 (edited) The CEVS Scheme got two implementation n validity dates and the CO2/km emission are different esp d A2-A4 band. Damm confusing especially to a buyer who wanted to buy a used car registered from 1 Jan 2013 onwards. Registered from 1 Jan 2013 - 30 Jun 2015 A1 (0-100) - $20,000 A2 (101-120) - $15,000 A3 (121-140) - $10,000 A4 (141-160) - $5,000 B (161 - 210) - 0 C (above 211) - Surcharge Registered from 1 Jul 2015-30 Jun 2017 A1 (0-95) - $30,000 A2 (96-105) - $15,000 A3 (106-120) - $10,000 A4 (121-135) - $5,000 B (136 - 185) - 0 C (above 186) - Surcharge Looking at d above revision, head govt win, tail consumer also lost. Ok, LTA can give more rebate for A1 but why can't standardized d emission figure. Think buyer is better off buying a car with Neutral CEVS rebate as there is incentive of getting d 50% PARF value when scrap d car. Edited February 26, 2016 by keanie 2 Link to post Share on other sites More sharing options...
Matrix0405 5th Gear February 26, 2016 Share February 26, 2016 CEVS = dealer profit margin ... period. After 1 year, this turn out to be the hard truth. 1 Link to post Share on other sites More sharing options...
Little_prince Supersonic February 26, 2016 Share February 26, 2016 Intent is good. But Lta screwed by dealers who marked up the car price then use cevs as a discount. End of the day. The rebate become their additional profit margin instead. And if buying second hand. Scrap end of 5yrs, the second hand dealer will just screw over the resale buyers. lppl 2 Link to post Share on other sites More sharing options...
Lab4games 1st Gear February 26, 2016 Share February 26, 2016 Must be an expensive ride with ultra low CO2 emission if you get to enjoy full $30 CEVS rebate, since LTA ruling said that min ARF of $5K is payable. Are you the owner of that white Tesla or other exotic full electric car? There are many diesel cars that are <95g co2. No need to be hybrid or electric. Ford Mondeo, Vw passat, golf Etc. You can search here http://www.nextgreencar.com/new-car-search/ I have a large family car. Cheers. 1 Link to post Share on other sites More sharing options...
Vratenza Supersonic February 26, 2016 Share February 26, 2016 Intent is good. But Lta screwed by dealers who marked up the car price then use cevs as a discount. End of the day. The rebate become their additional profit margin instead. And if buying second hand. Scrap end of 5yrs, the second hand dealer will just screw over the resale buyers. lppl IMHO, LTA has to take majority of the responsibility. It being the regulator, it should have anticipated what dealers will do to weasel profit out of any scheme it introduces. So the implementation of the CEVS is flawed from a start. Even if LTA did not do their due diligence in anticipating the dealers' profiteering ways, they should have quickly step in to adjust the obvious flaw after implementation and not leave it to simmer like now. 3 Link to post Share on other sites More sharing options...
Wt_know Hypersonic February 26, 2016 Share February 26, 2016 (edited) in spore ... oil cartel and car dealers are dua kee hor ... they play a big part in gdp ... dont play play if it's sim lim jover chew cheating ... up lorry liao there is no cartel price fixing only price matching there is no dealer coe bidding manipulation only providing a service LLST ... Edited February 26, 2016 by Wt_know 2 Link to post Share on other sites More sharing options...
Spring Moderator February 26, 2016 Share February 26, 2016 (edited) Intent is good. But Lta screwed by dealers who marked up the car price then use cevs as a discount. End of the day. The rebate become their additional profit margin instead. And if buying second hand. Scrap end of 5yrs, the second hand dealer will just screw over the resale buyers. lppl Well said bros, as always, some smart alec will find a way round rules. LTA also one kind if you ask me, they could give cash rebate directly to owner but guess administratively and cash flow wise it's tougher for them. Like last time, PARF rebates were given as certs and need to sell to middleman at a discount IMHO, LTA has to take majority of the responsibility. It being the regulator, it should have anticipated what dealers will do to weasel profit out of any scheme it introduces. So the implementation of the CEVS is flawed from a start. Even if LTA did not do their due diligence in anticipating the dealers' profiteering ways, they should have quickly step in to adjust the obvious flaw after implementation and not leave it to simmer like now. Edited February 26, 2016 by Spring 6 Link to post Share on other sites More sharing options...
Wt_know Hypersonic February 26, 2016 Share February 26, 2016 just like coe la ... lta said cannot delink or detach from car price so everything must packaged in layers like subprime by dealer into 1 final selling price Link to post Share on other sites More sharing options...
DM84 1st Gear February 26, 2016 Share February 26, 2016 Under the revised CEVS criteria (effective July 2015), CO2 emission of 158g/Km is not entitled to any rebate (neutral zone). And PARF at end of 10 years is 50% of ARF paid (effective since 2004 / 2005 iirc). So it your example of Mazda 5 (OMV @S$18745), ARF paid = S$18745, PARF = $9372 (round down to nearest dollar per LTA practice). Oh this means my reference was outdated?? Great then! This does makes a difference. Thanks for highlighting Carbon82! 1 Link to post Share on other sites More sharing options...
Terri 1st Gear February 27, 2016 Share February 27, 2016 stop thinking about rebates and CEVS and ARF PARF just find out your annual depreciation. If that depreciation is comfortable with you, buy that car. Please dont ever have the thinking of wanting to drive a car for 10 years. Most people couldn't manage it for 10 years. What's important is short term ownership in this volatile cuntry called singapore. when you thought you bought a car with good rebates, pappies tweak the system and your rebate will be lost forever. somehow when I bought a high emission high performance car, I renew it, what the FXXK !, I probably spend less per year upon renewal of my COE than any of your brand new car. Because COE renewed old cars are not inclusive of any CEV, ARF, PARF or whatever shit your pappies would inflict upon. Albeit old, but as long I still give you smoke on any road, you probably thinking, what the hell.. cos my annual depreciation is probably in the range of $8000. A brand new car is .. hmm.. $11,000 ? BEAT THAT guys.. LLST. Im not trying to be an idiot here, just to proof that buying or owning a old car sometimes might be much worth. Link to post Share on other sites More sharing options...
Vratenza Supersonic February 27, 2016 Share February 27, 2016 stop thinking about rebates and CEVS and ARF PARF just find out your annual depreciation. If that depreciation is comfortable with you, buy that car. Please dont ever have the thinking of wanting to drive a car for 10 years. Most people couldn't manage it for 10 years. What's important is short term ownership in this volatile cuntry called singapore. Your paper value will be what dealers taking in your car be basing on.With higher paper value, there is a limit to low they can low ball you. If your new car OMV is 23k and your CEVS rebate is 20k, good luck to you, you are just left with your prorated COE balance. when you thought you bought a car with good rebates, pappies tweak the system and your rebate will be lost forever. somehow when I bought a high emission high performance car, I renew it, what the FXXK !, I probably spend less per year upon renewal of my COE than any of your brand new car. Because COE renewed old cars are not inclusive of any CEV, ARF, PARF or whatever shit your pappies would inflict upon. Albeit old, but as long I still give you smoke on any road, you probably thinking, what the hell.. cos my annual depreciation is probably in the range of $8000. A brand new car is .. hmm.. $11,000 ? BEAT THAT guys.. LLST. Im not trying to be an idiot here, just to proof that buying or owning a old car sometimes might be much worth. COE high performance car? May I know what car is that?Based on your comparison of a brand new version of your car at 11k, sounds like the depreciation range of bread n butter cars these days. And I think you can keep you 3k difference for more visits to the workshop. The sky's the limit if your high performance car decides to go crazy on you out of any warranty. Just saying. Link to post Share on other sites More sharing options...
jcchia 3rd Gear February 28, 2016 Share February 28, 2016 Just remember our Gov't are NEVER so kind to motorists here... Care to explain why?Just remember our Gov't are NEVER so kind to motorists here... Care to explain why? Link to post Share on other sites More sharing options...
ER-3682 Supersonic February 28, 2016 Share February 28, 2016 Gov't make so much $$$ from Import taxes,COE,GST,Petrol Duties,Road Tax & ERP...need we say more.? ↡ Advertisement Link to post Share on other sites More sharing options...
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