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NEW CAR OWNERS: how much will your car depreciate?


Anakin
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For those new car owners or cars bought under the latest parf system, can we see how much will the car price drop once it is on the road? As we all know, dealers will only take in cars for parf + a few $k. So what will our cars be worth after, say only 1 yr? Or even just after it is on the road?

 

Info required in your reply for all to compare -

 

Car model:

Mth/yr registered:

Purchase price ($):

OMV ($):

COE ($):

PARF ($):

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Mine's about 5500/yr (over 10 years

sell after x yr, depreciation

1 yr, 30k

3 yrs, 11+k.

 

So the new scheme is meant to encourage the owner to drive for 10 years.

The old change car every 3 years is just too crazy.

There's a thread with the calculation excel attached.

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that's the point. we have calculating over 10 years, but when we want to sell there is no way the buyer will go by depreciation until the last yr.

 

txs will find that thread u mentioned ...

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