Author Topic: ~Celicas for sale~  (Read 9986 times)

Offline Toyota Celica

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Re: Celica on sale at SGCarMart
« Reply #15 on: February 22, 2009, 02:22:03 PM »
Also, u'd lose ur scrap value. That's huge..
Actually. unless close to 10th year. prob not a good leap of faith.
My scrap is 21.4k which i'll lose immediately.


If plan to drive the car past the 10th year. on the 10th year, that's 3 years ,
renewing the COE may cost a lot more however.

Economic recovery in 3 years is certain likely.. by then coe prices should have gone
up by quite a bit. Say 10k conservative.

If u renew 1k now, u'd save 9k 3 years later.
If u should sell the car in good times resale value should be good as well based on the
no. of years left.

However, big big thing is. lose ur Scrap value. Soo..... not quite attractive to mi wif 3 years left.
I'd prob bid during the 7th month on the 5th year, and pray for a low coe renewal.

But if the decision is to drive the car beyond year 10, then the scrap value should not be a consideration since you'd already be prepared to forego the scrap value with the decision to go beyond year 10, wouldn't that be correct?

Offline Toyota Celica

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Re: Celica on sale at SGCarMart
« Reply #16 on: February 22, 2009, 02:25:54 PM »
i think the dealers extend the COE because its cheap now, and it can entice buyers into thinking that 'hey it has 10 more years left to go, why not?'

The move would take the Celicas into a different market segment, ie. those who have already decided they want the car beyond 2013, because the scrap value is gone and with the low value of the new COE (actually, I take the COE values stated in the 2 ads with a pinch of salt), the residual COE value they'd get back if they should decide to sell before 2018/2019 would be very little.

Offline criszt

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Re: Celica on sale at SGCarMart
« Reply #17 on: February 22, 2009, 03:40:26 PM »
keep in mind the scrap value will be lost on the spot.
So got to factor that in.

Offline jung

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Re: Celica on sale at SGCarMart
« Reply #18 on: February 22, 2009, 04:12:46 PM »
i think the dealers extend the COE because its cheap now, and it can entice buyers into thinking that 'hey it has 10 more years left to go, why not?'

The dealers want to do this so that they can sell the cars with 7 year loans, I think.  Else you can only get something like a 3 yr loan - 1k+ per month. 

I agree though, won't do it for a 02-03 celica - with the loss of paper value, opportunity cost is too high.

Offline celitat

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Re: Celica on sale at SGCarMart
« Reply #19 on: February 23, 2009, 02:17:44 AM »
Good to renew coe cos iz low now if intending to keep for long, cos cheap.

coe can renew onli 2x. 5 years or 10 years. So u may lose a few years off now
if u renew, but if good price doesn't really make a diff.

Hmmm. how low izit now? if it'z like really low might be worth it for mi as well.

2x = renew 2 times or 2 types?

from what i knew (maybe old dated already), if you renew a 5 years coe, you cannot renew after this 5 years coe expires. but if you renew a 10 years coe, you can keep on renewing every 10 years, provided your car pass the inspection.
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Offline zuoom

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Re: Celica on sale at SGCarMart
« Reply #20 on: February 23, 2009, 02:24:19 AM »
Quote from: ok45sg;35942348
Car owners whose car's COE is expiring soon might want to look at this maths.

Real cost of renewing COE has to take into account the depreciation of
your COE or previous PQP(if renewed before) paid.

Mar 09 PQP is S$4,516, lowest in decade.

Crunching time :
In my case -
Only In Aug end, 2011, 2 year's time my 1992 car expires.

Depreciation 1844 x 2 yr & 5 mths = 4,456 (forfeited COE)
Renew COE now                              4,516
                                                  --------
                                                    8,972 real cost of renewal
                                                  =====

So my conclusion : Not worth renewing. Better to wait nearer to expiry for real cost to drop.

Your input please.

via : http://forums.hardwarezone.com.sg/showthread.php?t=2278564

Offline zuoom

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Re: Celica on sale at SGCarMart
« Reply #21 on: February 26, 2009, 02:25:08 AM »
http://www.sgcarmart.com/used_cars/info.php?ID=38453&DL=1000



Quote
Toyota Celica GT4 (COE till 12/2011)
Price   $19,000
Road tax   
$1,815 per year   
Transmission   Manual
Engine cap   1998 cc
Reg date   12-Mar-1992
Mileage   -
Features   ABS, Sunroof, Two Door, Red Leather Seats, More To View.
Accessories   RSM, 17 Inch Sports Rim.
Description   Powerful And Rare Car, Just Renew Road Tax This Month, Why Drive Car That Everyone Is Driving? Be Different From Other, Call To View It.
COE   
$29,000   
OMV   
-   
Depreciation   
$6,706 per year   
No. of owners   -
Type of veh   Sports Car
Availability   Available
      
Direct Owner Sale
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   Vehicle Category
       COE Car
       Direct Owner Sale
   Vehicle Type
       Sports Car
   Vehicle Price
       $10,001 - $20,000
   Vehicle Model
       Toyota Celica
   Seller Information
Contact Person(s)   Sky
Contact No.   93835595

it's back.

Offline uplinkhack

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Re: Celica on sale at SGCarMart
« Reply #22 on: February 26, 2009, 09:41:29 AM »
where is liu lian guy?

Woon, how did u cut and paste the pics from sgcarmart ah? they always have a frame over it can't directly right click and copy leh..

Offline criszt

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Re: Celica on sale at SGCarMart
« Reply #23 on: February 26, 2009, 12:21:21 PM »
Good to renew coe cos iz low now if intending to keep for long, cos cheap.

coe can renew onli 2x. 5 years or 10 years. So u may lose a few years off now
if u renew, but if good price doesn't really make a diff.

Hmmm. how low izit now? if it'z like really low might be worth it for mi as well.

2x = renew 2 times or 2 types?

from what i knew (maybe old dated already), if you renew a 5 years coe, you cannot renew after this 5 years coe expires. but if you renew a 10 years coe, you can keep on renewing every 10 years, provided your car pass the inspection.

i think what i know iz about the same.
But COE can only renew a total of 2 times, and if renew 5 year, next one cannot be 10 must be 5.

So renew 2x10 year for 20 years max. or renew 2x5 year for 10 years max.

Offline zuoom

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Re: Celica on sale at SGCarMart
« Reply #24 on: February 26, 2009, 01:01:35 PM »
where is liu lian guy?

Woon, how did u cut and paste the pics from sgcarmart ah? they always have a frame over it can't directly right click and copy leh..

i run a local proxy on my computer so i can see what's going thru each click. basically from there, i can see the url.

Offline uplinkhack

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Re: Celica on sale at SGCarMart
« Reply #25 on: February 26, 2009, 02:35:24 PM »
where is liu lian guy?

Woon, how did u cut and paste the pics from sgcarmart ah? they always have a frame over it can't directly right click and copy leh..

i run a local proxy on my computer so i can see what's going thru each click. basically from there, i can see the url.

oic..

just checking, the GT4 convertible, is the engine 3S-GE?

Offline wyv9

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Re: Celica on sale at SGCarMart
« Reply #26 on: February 26, 2009, 02:51:55 PM »
http://www.sgcarmart.com/used_cars/info.php?ID=38453&DL=1000



Quote
Toyota Celica GT4 (COE till 12/2011)
Price   $19,000
Road tax   
$1,815 per year   
Transmission   Manual
Engine cap   1998 cc
Reg date   12-Mar-1992
Mileage   -
Features   ABS, Sunroof, Two Door, Red Leather Seats, More To View.
Accessories   RSM, 17 Inch Sports Rim.
Description   Powerful And Rare Car, Just Renew Road Tax This Month, Why Drive Car That Everyone Is Driving? Be Different From Other, Call To View It.
COE   
$29,000   
OMV   
-   
Depreciation   
$6,706 per year   
No. of owners   -
Type of veh   Sports Car
Availability   Available
      
Direct Owner Sale
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View more similar vehicles by
   Vehicle Category
       COE Car
       Direct Owner Sale
   Vehicle Type
       Sports Car
   Vehicle Price
       $10,001 - $20,000
   Vehicle Model
       Toyota Celica
   Seller Information
Contact Person(s)   Sky
Contact No.   93835595

it's back.

Yearly dep too high!

Offline zuoom

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Toyota Celica 1.8A SS2 @ $57K
« Reply #27 on: March 06, 2009, 03:29:37 AM »
http://www.sgcarmart.com/used_cars/info.php?ID=39282





Quote
Toyota Celica 1.8A SS2
Price   $56,800
Road tax   
$972 per year   
Transmission   Manual
Engine cap   1795 cc
Reg date   24-Nov-2004
Mileage   -
Features   VVTLI Engine 190bhp With 6 Speed M/T Gearbox.
Accessories   Full Varis Bodykit, Rear Spoiler, 17 Inch Sport Rim, Xenon Light, Fog Lamp, Short Shifter, Apexi Rsm, Rike Cool.
Description   A Best Choice With Look, Power, Handling And Fc Sport Coupe, Hurry!
COE   
$21,000   
OMV   
$28,500   
Depreciation   
-   
No. of owners   1
Type of veh   Sports Car
Availability   Available
      
Direct Owner Sale
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   Vehicle Category
       PARF Car
       Direct Owner Sale
   Vehicle Type
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   Vehicle Price
       $50,001 - $60,000
   Vehicle Model
       Toyota Celica
   Seller Information
Contact Person(s)   Aaron Kek
Contact No.   97846364