DACH Supersonic February 22, 2018 Share February 22, 2018 my cousin drove his opc for close to 200 000 km in 9 yrs of usage. Mine much lesser even with a few days to 10 yrs....ðððEvery weekend you all drive in Malaysia? ↡ Advertisement Link to post Share on other sites More sharing options...
Jamesc Hypersonic February 22, 2018 Share February 22, 2018 Every weekend you all drive in Malaysia?All week drive in MY. Weekend then drive in SG. Link to post Share on other sites More sharing options...
kdash Supersonic February 22, 2018 Share February 22, 2018 Depends my cousin drove his opc for close to 200 000 km in 9 yrs of usage. Mine much lesser even with a few days to 10 yrs....ððð Mileage low may not necessarily mean good condition. But more often than not, the condition of OPC should be relatively good if low mileage. I know of someone who has a OPC Lotus Elise which he used it for Track. Condition of the car not so good after 5yrs. So only TS will know if his OPC is good for renewal or not.. agree la... TS no additional info ma... anyway my disclaimer is "if condition still good"... Link to post Share on other sites More sharing options...
DACH Supersonic February 22, 2018 Share February 22, 2018 agree la... TS no additional info ma... anyway my disclaimer is "if condition still good"...High mileage doesn’t mean condition is bad. Low mileage doesn’t mean condition is good. Link to post Share on other sites More sharing options...
Evillusion Supersonic February 22, 2018 Share February 22, 2018 Every weekend you all drive in Malaysia?me? no......my cuz...i not sure. But he likes to go driving holidays up north. Honda no worries wan. One of my friend's daily commute is Bukit Indah to CBD to and fro......Honda stream. He bought new nearly 10 yrs ago and now the car has clocked 300 000. His engine still runs smoothly but many parts changed due to wear and tear. He will change his tyre once a year.. Link to post Share on other sites More sharing options...
13177 Hypersonic February 22, 2018 Share February 22, 2018 High mileage doesn’t mean condition is bad. Low mileage doesn’t mean condition is good. Link to post Share on other sites More sharing options...
DACH Supersonic February 22, 2018 Share February 22, 2018 me? no......my cuz...i not sure. But he likes to go driving holidays up north. Honda no worries wan. One of my friend's daily commute is Bukit Indah to CBD to and fro......Honda stream. He bought new nearly 10 yrs ago and now the car has clocked 300 000. His engine still runs smoothly but many parts changed due to wear and tear. He will change his tyre once a year..ð²ð²ð²Change tyres every year. So rich sia. Link to post Share on other sites More sharing options...
Evillusion Supersonic February 22, 2018 Share February 22, 2018 Change tyres every year. So rich sia. Not he wans lar.....he tried many brands.....good wans dont even last a year so the ws recommend him a tyre brand they carried. Cheaper but just as good as any tyre and last abit longer. Dont ask me the brand.......... Link to post Share on other sites More sharing options...
Stargate2 Neutral Newbie February 23, 2018 Author Share February 23, 2018 Thanks for your replies. The car model is Hyundai Avante OMV about $11K COE about $12K mileage should be around 40 to 50K Car is definitely in good condition , thinking of selling it coz my kid are grow up. I don't drive to work too. At the moment, I am thinking of selling off since I hardly drive . Based on the feedback, it seem that renewing the COE if I want to get a better deal? OPC usually have near-zero residuals on its 10th year.So it’s basically at scrap value.If you intend to extend the COE cos it’s deemed under-used and overall car is still good for another (say) 200,000 km ... then my guidance is to first convert it to black plate as near its EOL as possible (this is to minimise the pro-rata of $17K fee that you’d need to pay back LTA, to convert) ... and then renew its COE at the PQP.Then you’ll have a still-good condition “normal” car for another 10 years!Note: You’d still need to pay the full 10-yr PQP, to extend COE, whether it’s red, or black plate!It’s thus a no brainer to extend a black plate (rather than a red plate) then, right? Thanks. Pardon my ignorance. What is PQP... Link to post Share on other sites More sharing options...
Zxcvb Turbocharged February 23, 2018 Share February 23, 2018 Thanks for your replies. The car model is Hyundai Avante OMV about $11K COE about $12K mileage should be around 40 to 50K Car is definitely in good condition , thinking of selling it coz my kid are grow up. I don't drive to work too. At the moment, I am thinking of selling off since I hardly drive . Based on the feedback, it seem that renewing the COE if I want to get a better deal? Thanks. Pardon my ignorance. What is PQP... PQP is the average past 3 months COE pricing one have to pay if renewing COE. Link to post Share on other sites More sharing options...
Hamburger Hypersonic February 23, 2018 Share February 23, 2018 Thanks for your replies. The car model is Hyundai Avante OMV about $11K COE about $12K mileage should be around 40 to 50K Car is definitely in good condition , thinking of selling it coz my kid are grow up. I don't drive to work too. At the moment, I am thinking of selling off since I hardly drive . Based on the feedback, it seem that renewing the COE if I want to get a better deal? Thanks. Pardon my ignorance. What is PQP... sorry what what may the parf value be for OPC? Link to post Share on other sites More sharing options...
inlinesix Hypersonic February 23, 2018 Share February 23, 2018 sorry what what may the parf value be for OPC? For this car, i think it is ZERO. Link to post Share on other sites More sharing options...
Hamburger Hypersonic February 23, 2018 Share February 23, 2018 (edited) For this car, i think it is ZERO. so the 17k upfront deduction for this car is taken from the 50%ARF? Edited February 23, 2018 by Hamburger Link to post Share on other sites More sharing options...
inlinesix Hypersonic February 23, 2018 Share February 23, 2018 so the 17k upfront deduction for this car is taken from the 55%ARF? Based OMV of 11k, ARF would be 0 after 17k rebate. So, PARF = 0 1 Link to post Share on other sites More sharing options...
Mkl22 Supersonic February 23, 2018 Share February 23, 2018 Based OMV of 11k, ARF would be 0 after 17k rebate. So, PARF = 0 not ZERO! assuming all the numbers are right then and car was 1st reg as OPC and never change status again. OMV=11k, COE= 12k. the 17k OPC discount will be taken from the COE 1st then ARF. so ARF Paid:11-5 = 6k PARF is 50% of ARF paid. so 3k. 5 Link to post Share on other sites More sharing options...
Cheesey74 Supercharged February 23, 2018 Share February 23, 2018 not ZERO! assuming all the numbers are right then and car was 1st reg as OPC and never change status again. OMV=11k, COE= 12k. the 17k OPC discount will be taken from the COE 1st then ARF. so ARF Paid:11-5 = 6k PARF is 50% of ARF paid. so 3k. Correct. Link to post Share on other sites More sharing options...
Zxcvb Turbocharged February 23, 2018 Share February 23, 2018 Based OMV of 11k, ARF would be 0 after 17k rebate. So, PARF = 0 I think there was this one time where COE was so low and PARF not even enuff to rebate the 17k for those who bought OPC. Meaning the buyer didn't enjoy the full 17k discount. Happened about 10 or 9 years ago. Do a search. Link to post Share on other sites More sharing options...
Mkl22 Supersonic February 23, 2018 Share February 23, 2018 I think there was this one time where COE was so low and PARF not even enuff to rebate the 17k for those who bought OPC. Meaning the buyer didn't enjoy the full 17k discount. Happened about 10 or 9 years ago. Do a search. yes. during the late 2008 and early 2009. coe was only 3-10K. this is a good example. http://www.sgcarmart.com/used_cars/info.php?ID=707747&DL=2495 there are others with 0 but likely SGcarmart does not display it. But now it is no longer the case cause there is a min 5k ARF to be paid. ↡ Advertisement Link to post Share on other sites More sharing options...
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