Coltplussport Turbocharged May 20, 2015 Share May 20, 2015 what about TC's QQ ? ... was also very popular Jan, Feb. when I asked in Feb, stock for many colours already scheduled for Jun delivery I am guessing for popular models, orders in Mar likely already scheduled for Jul delivery & new CEVs would apply. Thus ADs are just not bidding aggressively now, waiting for COE to drop, then securing lower COE to maintain / achieve target profit margin. And there is still mercedes that didn't really have any existing cars to sell. Everything need to wait till July/Aug shipment I think. ↡ Advertisement Link to post Share on other sites More sharing options...
flashbang Turbocharged May 20, 2015 Share May 20, 2015 Hope COE continues the downtrend so next year I can get a used one for cheaper prices as everybody will be trading in theirs for a new one Link to post Share on other sites More sharing options...
subarudreamer 2nd Gear May 20, 2015 Share May 20, 2015 Vesak Day holiday is first day of school holiday everyone will go for holiday liao. nobody buys and coe drops? swee swee, 1Jun Vesak Day, run promo over long weekend, 2 days' before next bidding, school holidays somemore ... buyers beware ?? Link to post Share on other sites More sharing options...
zerobim08 4th Gear May 20, 2015 Share May 20, 2015 here, I help you praise... Depends on the AD right... some of them just use the CEVS to improve their margin... dunno which of them actually pass the saving to the customer... And if CEVS is supposed to be incentive for us to buy a eco-friendly car (I encourage this), why does it take away our scrap value? Should be flat cash back or something to the consumer instead of reduce our PARF. When I see the Lexus CT200h with a PARF rebate of like only $7k... CEV reduces overall tax you paid by 0.5 x CEV. The other 0.5 x CEV, LTA lends to you upfront to be repaid 10 years later interest free. Does this sound better? Link to post Share on other sites More sharing options...
7hm Turbocharged May 20, 2015 Share May 20, 2015 CEV reduces overall tax you paid by 0.5 x CEV. The other 0.5 x CEV, LTA lends to you upfront to be repaid 10 years later interest free. Does this sound better? interest free... but then when we take thing from them got lots of interest interest very interesting to people who are receiving it Link to post Share on other sites More sharing options...
subarudreamer 2nd Gear May 20, 2015 Share May 20, 2015 there are some cars which will have CEVS jump by 10k instead of "just" 5k. Link to post Share on other sites More sharing options...
Mrmilktooth Supercharged May 20, 2015 Share May 20, 2015 Not too sure about this cevs rebate. Isn'tit better to get say 15/20k nett off the list price at first? Then say get 6/9k more at the end of 10years for e parf?... How ddoes thiswork? Link to post Share on other sites More sharing options...
7hm Turbocharged May 20, 2015 Share May 20, 2015 (edited) Not too sure about this cevs rebate. Isn'tit better to get say 15/20k nett off the list price at first? Then say get 6/9k more at the end of 10years for e parf?... How ddoes thiswork? right now... CEVS is subtracted or added to ARF... So example you buying a car with OMV $25k and qualify for $5k CEVS... Just example la, COE is also $25k, what you end up with is: COE: $25,000 OMV: $25,000 CEVS: $5,000 REBATE ARF: $20,000 + (25,000 - 20,000)×140%) - $5,000 = $27,000 - $5,000 = $22,000 PARF Rebate: $22,000 ÷ 2 = $11,000 So taking same example but with ... say, $10,000 CEVS surcharge... COE: $25,000 OMV: $25,000 CEVS: $10,000 SURCHARGE ARF: $20,000 + (25,000 - 20,000)×140%) - $5,000 = $27,000 + $10,000 = $37,000 PARF Rebate: $37,000 ÷ 2 = $18,500 Depreciation vary accordingly... Edited May 20, 2015 by 7hm 2 Link to post Share on other sites More sharing options...
zerobim08 4th Gear May 20, 2015 Share May 20, 2015 right now... CEVS is subtracted or added to ARF... So example you buying a car with OMV $25k and qualify for $5k CEVS... Just example la, COE is also $25k, what you end up with is: COE: $25,000 OMV: $25,000 CEVS: $5,000 REBATE ARF: $20,000 + (25,000 - 20,000)×140%) - $5,000 = $27,000 - $5,000 = $22,000 PARF Rebate: $22,000 ÷ 2 = $11,000 So taking same example but with ... say, $10,000 CEVS surcharge... COE: $25,000 OMV: $25,000 CEVS: $5,000 REBATE ARF: $20,000 + (25,000 - 20,000)×140%) - $5,000 = $27,000 + $10,000 = $37,000 PARF Rebate: $37,000 ÷ 2 = $18,500 Depreciation vary accordingly... No. In your second example you only get back 27 / 2 = 13.5k. 3 Link to post Share on other sites More sharing options...
7hm Turbocharged May 20, 2015 Share May 20, 2015 (edited) No. In your second example you only get back 27 / 2 = 13.5k. Sorry, I copy-paste then forget to change to "$10,000 SURCHARGE": COE: $25,000 OMV: $25,000 CEVS: $10,000 SURCHARGE ARF: $20,000 + ((25,000 - 20,000)×140%) + $10,000 = $27,000 + $10,000 = $37,000 PARF Rebate: $37,000 ÷ 2 = $18,500 ... unless the surcharge don't add to ARF and ends up is straight penalty. In which case it's $27,000 ÷ 2 = $13,500 just like you say... sian sia, thinking about car $$$&¢¢¢ in SG Edited May 20, 2015 by 7hm Link to post Share on other sites More sharing options...
zerobim08 4th Gear May 20, 2015 Share May 20, 2015 (edited) Sorry, I copy-paste then forget to change to "$10,000 SURCHARGE": COE: $25,000 OMV: $25,000 CEVS: $10,000 SURCHARGE ARF: $20,000 + ((25,000 - 20,000)×140%) + $10,000 = $27,000 + $10,000 = $37,000 PARF Rebate: $37,000 ÷ 2 = $18,500 ... unless the surcharge don't add to ARF and ends up is straight penalty. In which case it's $27,000 ÷ 2 = $13,500 just like you say... sian sia, thinking about car $$$&¢¢¢ in SG Cev surcharge is a penalty. You do not get anything back. So ARF you paid is 37k but parf rebate at 10 years will only be 27/2 = 13.5K Edited May 20, 2015 by zerobim08 Link to post Share on other sites More sharing options...
Tohto Hypersonic May 20, 2015 Share May 20, 2015 Not too sure about this cevs rebate. Isn'tit better to get say 15/20k nett off the list price at first? Then say get 6/9k more at the end of 10years for e parf?... How ddoes thiswork? You really believe the so call CEVS rebate go to buyer? There are all eaten by the AD. 4 Link to post Share on other sites More sharing options...
zerobim08 4th Gear May 20, 2015 Share May 20, 2015 (edited) You really believe the so call CEVS rebate go to buyer? There are all eaten by the AD. Not all the case. When I bought my Audi A3 sedan the price was only $15k more than the Altis elegance even though A3 omv was $8k more. And the calculated AD profit margin for both were about the same (with A3 higher by $2k). If not for the CEV rebate the A3 would be $25k more expensive (in which case I would not have bought it). CEV does make efficient cars cheaper upfront. True that AD may gobble up the rebate but that would make their car price not competitive. So market force will dictate the rebate goes back to buyers eventually. Edited May 20, 2015 by zerobim08 Link to post Share on other sites More sharing options...
Latio2005A Turbocharged May 20, 2015 Share May 20, 2015 erm the plot is supposed to be coe price mus first drop, msm then can report, ADs weekend big advertisements then fence sitters can b sucked in and in and in and.... I beg to differ. Let's see this weekend if there is a crowd. I doubt so. I do not expect Singaporeans to be so rich as to able to absorb COEs at whatever ridiculous price. I always hope COE price will drop. $40,000 is still deemed high, in my opinion. I can afford, but I won't want to. 1 Link to post Share on other sites More sharing options...
Falc 3rd Gear May 20, 2015 Share May 20, 2015 Cev surcharge is a penalty. You do not get anything back. So ARF you paid is 37k but parf rebate at 10 years will only be 27/2 = 13.5K That's incorrect. You do get 50% of surcharge back according to lta hotline I queried. Link to post Share on other sites More sharing options...
Newbie26 Hypersonic May 20, 2015 Share May 20, 2015 I beg to differ. Let's see this weekend if there is a crowd. I doubt so. I do not expect Singaporeans to be so rich as to able to absorb COEs at whatever ridiculous price. I always hope COE price will drop. $40,000 is still deemed high, in my opinion. I can afford, but I won't want to. do not need to wait till this weekend there were already quite a number at the Subaru showroom today Mercedes Cat A bookings still sizable. The latest COE correction is a healthy one and long overdue 1 Link to post Share on other sites More sharing options...
flashbang Turbocharged May 20, 2015 Share May 20, 2015 CEV becomes a penalty when the price of the car doesn't adjust accordingly. This is because the CEV rebate will reduce the ARF, and hence the PARF value. 5k reduction in ARF means 2.5k reduction in PARF value. If car price doesn't change, you now have an extra 2.5k depreciation. Just wondering, does the CEV surcharge add to the ARF, hence increasing the PARF value? Or is it purely an extra surcharge that you have to pay? Link to post Share on other sites More sharing options...
Latio2005A Turbocharged May 20, 2015 Share May 20, 2015 do not need to wait till this weekend there were already quite a number at the Subaru showroom today Mercedes Cat A bookings still sizable. The latest COE correction is a healthy one and long overdue Oh really? And Subau going cheap? Hmmm ↡ 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
COE Bidding – Jun 2026
COE Bidding – Jun 2026
Exercising and losing weight
Exercising and losing weight
COE Bidding - May 2026
COE Bidding - May 2026
2015 Forester 2.0
2015 Forester 2.0
Sell by bidding - BEST price from 500 car dealers in 1 day
Sell by bidding - BEST price from 500 car dealers in 1 day
Kia Carens 2015: all new 7-seater arrives
Kia Carens 2015: all new 7-seater arrives
COE Bidding – Jan 2026
COE Bidding – Jan 2026
LTA reviewing COE system to improve categorisation of cars
LTA reviewing COE system to improve categorisation of cars