Thecarboy302 3rd Gear December 12, 2018 Author Share December 12, 2018 You will reconsider when you know its parf value. It's ridiculously low What's the OMV for both EX and SX? Any indication? ↡ Advertisement 1 Link to post Share on other sites More sharing options...
kelaihoyin 5th Gear December 12, 2018 Share December 12, 2018 You will reconsider when you know its parf value. It's ridiculously low What's the OMV? 2 Link to post Share on other sites More sharing options...
RogerNg_185295 6th Gear December 12, 2018 Share December 12, 2018 About 17K. Parf is not 17000/2 by the way. What's the OMV? Link to post Share on other sites More sharing options...
Spring Moderator December 12, 2018 Share December 12, 2018 About 17K. Parf is not 17000/2 by the way. VES is $10k rebate? 3 Link to post Share on other sites More sharing options...
RogerNg_185295 6th Gear December 12, 2018 Share December 12, 2018 Yes Sir. You are right. The PARF is super low. VES is $10k rebate? Link to post Share on other sites More sharing options...
Midorima 4th Gear December 12, 2018 Share December 12, 2018 Yes Sir. You are right. The PARF is super low. The PARF is low, but got to see the final price of the car and depre. PARF is not the main consideration for buying a car. Low because of VES rebate, and u have a net gain of 5k still because of the rebate. At 77k, must say the specs and equipment are quite good. Road tax and FC should be good too. 2 Link to post Share on other sites More sharing options...
kelaihoyin 5th Gear December 12, 2018 Share December 12, 2018 The PARF is low, but got to see the final price of the car and depre. PARF is not the main consideration for buying a car. Low because of VES rebate, and u have a net gain of 5k still because of the rebate. At 77k, must say the specs and equipment are quite good. Road tax and FC should be good too. Yea at 80k is almost on par with the Cerato SX less some features like ventilated and powered seats. Maybe interior space bit smaller than that but that 1.0T shld be a better car to drive. 1 Link to post Share on other sites More sharing options...
Angcheek Hypersonic December 12, 2018 Share December 12, 2018 VES is $10k rebate? its deducted from your parf I think I felt cheated 1 Link to post Share on other sites More sharing options...
Bride2012 Clutched December 12, 2018 Share December 12, 2018 Is it worth getting? I'm concern of the resale as parf is so low. 1 Link to post Share on other sites More sharing options...
RogerNg_185295 6th Gear December 12, 2018 Share December 12, 2018 Is it worth getting? I'm concern of the resale as parf is so low.Do you intend to drive the full 10 yrs? Is your job stable? What are your financial commitments like? These are the questions you have to ponder over Link to post Share on other sites More sharing options...
Bride2012 Clutched December 12, 2018 Share December 12, 2018 Do you intend to drive the full 10 yrs? Is your job stable? What are your financial commitments like? These are the questions you have to ponder overIf I dont intend to drive 10 full years i shouldn't consider this car? Was told that depreciation is 6600. Is Mazda 3 hatchback a better one than this? Price has been slashed quite alot lately. 2 Link to post Share on other sites More sharing options...
teomingern 6th Gear December 12, 2018 Share December 12, 2018 If I dont intend to drive 10 full years i shouldn't consider this car? Was told that depreciation is 6600. Is Mazda 3 hatchback a better one than this? Price has been slashed quite alot lately. I mean if you intend to sell at year 5 when the PARF rebate is still 100%, then of course that would be a consideration... but if you like me intend to drive to the end of COE then it's less important point to consider... 1 Link to post Share on other sites More sharing options...
RogerNg_185295 6th Gear December 13, 2018 Share December 13, 2018 I mean if you intend to sell at year 5 when the PARF rebate is still 100%, then of course that would be a consideration... but if you like me intend to drive to the end of COE then it's less important point to consider...Year 5 is the year of lesser loss? 1 Link to post Share on other sites More sharing options...
Wormee 5th Gear December 13, 2018 Share December 13, 2018 (edited) I mean if you intend to sell at year 5 when the PARF rebate is still 100%, then of course that would be a consideration... but if you like me intend to drive to the end of COE then it's less important point to consider...For cars less than 5 years, the PARF rebate is 75%. Not 100%. And to be clear, rebate is based on ARF (Additional Registration Fee). PARF is the rebate amount whereas ARF is the condition used to calculate PARF. E.g. if your OMV is 20K with a VES rebate or 10K, your ARF is only 10K. So PARF at the end of 10 years would be 5K. But if there is VES surcharge of 10K, your ARF would be 30K. PARF value will still be your original ARF without considering the surcharge. On top of that, the calculation would be more complicated if your OMV is >20K. ARF would be 100% for up to 20K and 140% for the next 30K, 180% for rest of the OMV above 50K. Cheers. Edited December 13, 2018 by Wormee 3 Link to post Share on other sites More sharing options...
Roh96 6th Gear December 13, 2018 Share December 13, 2018 Ask those car owners with normal parf (without VES/CEV rebate). I am sure they will tell u the resale value of their cars sucks, especially now. Tio bo? Link to post Share on other sites More sharing options...
Midorima 4th Gear December 13, 2018 Share December 13, 2018 Ask those car owners with normal parf (without VES/CEV rebate). I am sure they will tell u the resale value of their cars sucks, especially now. Tio bo? Resale drop especially for cars bought past few years, because coe drop so much. So yes haha. Not only cos of PARF. 2 Link to post Share on other sites More sharing options...
Cheefarn 5th Gear December 13, 2018 Share December 13, 2018 Is it worth getting? I'm concern of the resale as parf is so low. Damn another sinkie who buys cars to please the used car dealers. In today's used cars climate can anyone claim they can command excellent resale value of ANY cars at all? Its all scrap + maybe $5000 We will drive the cars we have for full 10 yrs or at least close to 10 yrs.. period. Only then when your depreciation be manageable. 1 Link to post Share on other sites More sharing options...
Huuray 2nd Gear December 13, 2018 Share December 13, 2018 Damn another sinkie who buys cars to please the used car dealers. In today's used cars climate can anyone claim they can command excellent resale value of ANY cars at all? Its all scrap + maybe $5000 We will drive the cars we have for full 10 yrs or at least close to 10 yrs.. period. Only then when your depreciation be manageable. Fully agree.... Regardless of what car we buy, what's the COE, the dealers will always spin enough stories to lowball the sellers.. ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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