Changing new car to old car

• FlowerGrass

  4 Dec 06, 00:02

  I know its contradicting... haha
  
  Some how i like old BMW since the new one i can't afford at the moment.
  I am right now driving a relative new car (5mth old). is it possible to sell the body car(getz 1.4 A) and keep the COE and proceed with getting a used BMW?
  
  i have a COE open catagory
  
  how much i have to pay?
  do i have to clear my bank loan first?
  haha
• allblacks

  4 Dec 06, 10:24

  you will lost a big time bro..hehex
• FlowerGrass

  4 Dec 06, 23:07

  Originally posted by allblacks:

  you will lost a big time bro..hehex

  ya i mean how much i have to pay?
• omron

  4 Dec 06, 23:59

  once u register ur car its no longer a open cat coe, it is a cat a coe now. why u not happy with getz?
• FlowerGrass

  5 Dec 06, 13:58

  Originally posted by omron:

  once u register ur car its no longer a open cat coe, it is a cat a coe now. why u not happy with getz?

  oops..
  
  maybe i want more powerful car.... 1.4 seems too little..haahaa
• Camellias4me

  5 Dec 06, 17:03

  Originally posted by FlowerGrass:

  I know its contradicting... haha
  
  Some how i like old BMW since the new one i can't afford at the moment.
  I am right now driving a relative new car (5mth old). is it possible to sell the body car(getz 1.4 A) and keep the COE and proceed with getting a used BMW?
  
  i have a COE open catagory
  
  how much i have to pay?
  do i have to clear my bank loan first?
  haha

  Its not possible to sell ur car yet keep ur paper. COE is for 10 yrs.. if u sell ur car before the coe's expiry date, u get a rebate for the un-used or remaining duration. And if ur car is less than 10 yrs old, u'll get parf rebate as well.
  
  Open category doesn't mean its worth the $amt dat was closed at bidding. For Eg. When u bought ur car back then, the COE for cat. A was $11k & cat. E was $12k. Even if ur car got registered using cat. E, the value will still take to cat. A's price which is $11k.
  
  How much u haf to pay depends on how much u still owe the bank. Eg. u get (coe&parf rebate+body) 25k after selling ur car but ur outstanding loan is 35k. u need to fork out 10k to settle ur loan.
  
  Selling a 5 mth old car.. be prepared to lose $.
• HolySniper

  5 Dec 06, 17:25

  5mth getz? hohoho... u wil lose alot!
• xxRaYxx

  5 Dec 06, 23:40

  U might have to parade around naked.
  
  Seriously, y did u buy the getz in the first place? Did u test drive? N wad suddenly made u totally lose it?
• buses_galore

  6 Dec 06, 06:40

  Try tuning the engine...hehehe add a supercharger...
• FlowerGrass

  6 Dec 06, 10:13

  Coz during test drive i dun really make the decision due to budget problem...
  The color of the car wasn't my choice too. Too bad coz it was on offer the last time. $40999, 1.4A with sport rims, fog lamps, reverse sensor, leather seats, visor, $200 cash back and a $3.8K bank interest rebate
  
  hahaha overall its a good car but tuning engine to what speed (Bhp) ah.
  
  haha
  
  
• EvilPorkChop

  10 Dec 06, 12:25

  if u got the rebate then guess u got to stick to the car for at least 2 years..