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Old 17th March 2015, 05:38 PM   #1 (permalink)
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Renewing your COE after 10 years - should you even bother?

Renewing your COE after 10 years - should you even bother?


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Peter Lin | MoneySmart | Monday, Mar 16, 2015


Singapore is probably the only country in the world where cars are so expensive that owning a Toyota Altis can be considered a luxury. We're the only people insane enough to spend almost as much on a vehicle as we would on an HDB unit. If that wasn't bad enough, your car will be de-registered after 10 years unless you pay to renew your COE. Even cats and dogs live longer than cars in Singapore!

- See more at: http://transport.asiaone.com/news/general/story/renewing-your-coe-after-10-years-should-you-even-bother#sthash.WRMiM3TK.dpuf

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Old 17th March 2015, 07:11 PM   #2 (permalink)
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Re: Renewing your COE after 10 years - should you even bother?

Hmm... Take public transport lah.

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Old 18th March 2015, 06:13 AM   #3 (permalink)
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Re: Renewing your COE after 10 years - should you even bother?

True, provided the public transport system improves.

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Old 18th March 2015, 08:31 PM   #4 (permalink)
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Re: Renewing your COE after 10 years - should you even bother?

it will only get more expensive

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Old 20th March 2015, 07:00 AM   #5 (permalink)
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Re: Renewing your COE after 10 years - should you even bother?

Cars will always be expensive in Singapore.

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Old 20th March 2015, 09:35 AM   #6 (permalink)
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Re: Renewing your COE after 10 years - should you even bother?

Honestly, I don't find it worth renewing your COE once it's expire.

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Old 20th March 2015, 10:28 AM   #7 (permalink)
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Re: Renewing your COE after 10 years - should you even bother?

Originally Posted by zainynn View Post
Honestly, I don't find it worth renewing your COE once it's expire.
With the COE at $60k+, add another $20k and you get a brand new lower end car.. I think I'll go for the lower end brand new car.

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Old 22nd March 2015, 12:02 AM   #8 (permalink)
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Re: Renewing your COE after 10 years - should you even bother?

Talk cock, sing song.

Just listen to the government and take public transport.

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Old 10th April 2015, 01:51 AM   #9 (permalink)
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Re: Renewing your COE after 10 years - should you even bother?

Originally Posted by Mel Lee View Post
Talk cock, sing song.

Just listen to the government and take public transport.
Provided the buses and trains come on time, and don't break down.

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Old 10th April 2015, 02:08 AM   #10 (permalink)
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Re: Renewing your COE after 10 years - should you even bother?

Originally Posted by Benson View Post
Provided the buses and trains come on time, and don't break down.
i think it is hard as it happens so frequently..

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Old 10th April 2015, 07:23 AM   #11 (permalink)
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Re: Renewing your COE after 10 years - should you even bother?

Originally Posted by Benson View Post
Provided the buses and trains come on time, and don't break down.
Hard to see that happening, ever sinve Tuck Yew took over the transport portfolio, there have been plenty of screw-ups here there everywhere

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Old 17th July 2017, 03:09 PM   #12 (permalink)
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Re: Renewing your COE after 10 years - should you even bother?

do you guys find it worthwhile to renew COE now?
the japanese cars are more longlasting now.

the problem is banks do not provide loans for COE. =(
can only visit financial firms for COE renewal loans

anyone has renewed 5 or 10 years?

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