Please Advice...

[Mun333]

Hi,

 

Need advice from u guys whether to buy a car for newbie as follows:

Civic 1.5 LSI 3drs,

Mileage 135,000km

OMV : $15,500

COE till : 08/2011

Price : $27,000.

Thankz !!!

[Ghostrider]

COE car mana got OMV ?

 

Ask the seller what is the COE that he paid for the car. A LSi EG Civic OMV then should be no more that 14K (using my friend's ESi to compare...agar agar only)

 

IMHO...27K seems a bit highish for a 13yr old car. Prob asking for a few K above the COE value. Check if this is the market rate for this kinda car.

 

For that price, why not look around for a EG ESi....the VTEC does make hellva difference.

[Bernard_2]

Bro, forget about LSI,

 

1) 3 drs = insurance higher then normal saloon.

2) LSI = no points, no power, at least a ESI

3) want to sell later...problem no one want...

 

[Redeel]

Not worth it.

 

eddie

[Luckcent]

Maybe you should PM Redeel, he can help you get a resonable good used car when others are buying Fords.

[Mun333]

 

Thankz guyz for the info. before i jump into it....

[Ah_veo]

dio....more than 10yrs car no more PARF value.

looking at COE expiry date, the renewal shd be $18,444.

current paper value shd worth ard $14k.

[Ghostrider]

I know that a COEd car does not have PARF...but when the owner renew his COE for another 5 or 10 years, he has effectively gave up his PARF benefits....so you gotta work in the PARF as well into the selling price. Where got people forgo a couple of thousands without recoupping their losses ?

 

If the prevaling quota (COE paid for another 10 yrs) is 18K...plus the PARF 14K...total value 3yrs ago should be 32k...

 

But since its a COEd car, its very market dependent. There is no gradual dep like a pre COE car (or is there such a thing nowadays ??)

 

EG. A W124 E200 4yrs back selling for 80K. Today same car would be lucky to fetch 30K on the market. COE the very most left 12-15k only.