Buy new car better or keep C.O.E car better?

• wongjoosong

  3 Sep 06, 11:34

  I have a COE car. every few months breakdown. Repair costs in singapore also not cheap. Yesterday my car breakdown, towing fee $40, repair bill $260. Afew months ago, I repair aircon $700. Last year I change a recon engine $1500. After repairing, my car is like brand new, haha. I still owe finance $14.9k. My monthly instalment is $316. My insurance per year is $400+. My road tax half year is $550. Inspection is $55 per yr. If I buy a new car, monthly instalment is $400+. Sometime I think the monthly repair bill plus monthly instalment is more than my new car instalment. What is your advise?
• tofushop193

  3 Sep 06, 11:40

  of course new car la
• nightsky87

  3 Sep 06, 11:56

  time to get a new one since your old one is constantly giving you problems..
• AE86tofu

  3 Sep 06, 15:10

  Originally posted by tofushop193:

  of course new car la

  u sure or nt? I tot u driving one COE car wad...the boxy merc....
• tofushop193

  4 Sep 06, 14:52

  where where where???
• sir_boris

  5 Sep 06, 13:08

  scrap or sell it away ASAP. get a new car before COE goes up sky high again. PM Lee said "let's accelerate while the environment is good". This will boost sentiment, and prices!
• tanhs8

  6 Sep 06, 21:20

  get a new car now when the coe is low,coe will go up due to govt cutting back