Originally posted by iNiKE:
heres an example:
Price $16,500
Transmission Manual
Engine Capacity 1597 cc
Registration Date 01-Feb-1992
Mileage -
Features Power window, Power steering, Foldable Mirror, ABS Brake, Super Well Condition.
Accessories Sport rims, Brand new paintwork and road tax.
Description We Sell Without Gimmicks! Cheapest 1.6 Presea In Town! Price Still Neg!
COE
$18,444
OMV
-
Depreciation
$2,912 per year
No. of owners 3
Type of Vehicle Mid-Sized Sedan
Availability Available
do I have to pay COE+price?
and whats omv? $2912 per year means what?thanks bro.
jus pay the price of $16,500. bear in mind u do not have any more Parf Value. the true value of ur car is now only the remaining COE.
OMV = open market value which is the cost of importing ur car in. u can disregard this too as urs is a COE car.
2,912 a yr means if u use the car all the way till COE expires u will lose $2,912 a year. u dun understand the meaning of depreciation meh? wah Kaoz....