Converting COE car to OPC....

• DarthVdr

  12 Nov 05, 12:15

  Hi guys, I was just thinking if its possible to get a COE car and convert it to OPC? I mean I know you can convert a normal car to OPC and you get back the percentage of the $17K rebate based on the remainder of the 10 years. But has anyone tried to get say a second hand COE car (for say about $20K) and then convert it to OPC? Is it even possible? Hope the experts and gurus here can provide some advise. Also, will the second hand car dealer do the conversion for you so that you just pay him the amount after the rebate? If its possible, then you could easily get an OPC for anything from a few thousand only.... !!
• qooorange

  12 Nov 05, 12:48

  The last time I read the LTA ruling, it is a rebate not cash back. So you only get the rebate for buying another car when u deregister yours. The formula given is $2200/yr * no. of yrs as OPC