Yes, we had an article that explained how renewing the COE of your car might be a fatal mistake. However, if you have read the article, you would have known that it doesn't apply to all cars in the market, as with all kinds of decisions, there are pros and cons to consider, and the best course of action is.
$154,000 For A Prius? Here s Why Cars Are Ridiculously Expensive In Singapore carscoops.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carscoops.com Daily Mail and Mail on Sunday newspapers.
Planning to sell your car? Understanding COE prices can help you increase your returns when you do eventually sell your vehicle. Whether you are selling your car on your own, directly to a used car dealer, through a consignment agent or online platform , there are a lot of factors that will affect the resale of your vehicle. From its.
Here’s a simple formula you can use to calculate your car’s average annual depreciation.
Annual depreciation = (Total cost of vehicle – Sale value of vehicle) / No. of years in service
Car depreciation is never constant throughout your car’s 10-year life.
A new car generally depreciates at a higher rate in the first three years, so avoid selling your car unless you absolutely have to due to unforeseen circumstances.
What makes up the total cost of your vehicle?
To understand what contributes to the total cost of your car, zoom in on the following components.
Open Market Value (OMV)
Our relationship with First Bank professional, says Honeywell Group tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.