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View Poll Results: Would you renew COE or buy a new bike?

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  • Renew 10-year COE

    96 51.34%
  • Renew 5-year COE

    38 20.32%
  • Scrap and buy new bike

    53 28.34%
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Thread: [General] Would you renew 10-year COE or buy a new bike?

  1. #101
    kzone
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    ah ic.... sounds like u got urself a customised phantom! wats custom short gearing? shud have also asked for other goodies like change smaller gear, steel hoses, bigger fenders, wide bars etc etc...
    Liverpool revival has started....

  2. #102
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    Custom bars, shadow fenders, and other accessories are for me to DIY

    No point giving the shop the privilege! I don't even let them change my air filter...

     

     
  3. #103
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    i would buy a new bike of course!

  4. #104
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    So TS, these bros and sis make you more confused or not?

    all depends on how much $$$ you want to throw... it not about the bike.
    Items for sale
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  5. #105
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    Mine expiring next year & I'm gonna renew 10 yrs. Thumbs up for the TA200!

  6. #106
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    Are you implying competing with the SBS Transit patrol/rescue bikes? I want that rotating light thing lol

  7. #107
    Charlton
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    hmmm... just receive letter from LTA... telling me renew coe for my bike is $1223...

    should i renew anot? engine condition soso only... still can move...
    Ex bikes ~ Yamaha X1, Honda Phantom TA150

    Bajaj Pulsar 200 ~~~ 14/09/11 - ???



    Blue Pulsar with Orange sprocket.. Cool???

  8. #108
    jtzx
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    if you gonna keep your bike then renew lorhz... market value for your bike should be around 1k or lesser only..
    JOSHUA
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  9. #109
    Streetwise
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    Quote Originally Posted by jtzx View Post
    if you gonna keep your bike then renew lorhz... market value for your bike should be around 1k or lesser only..
    Well, he scrap the bike and still get back a ratio of COE wat.....which if 9yrs left.......$1223/10 x 9 mah.

  10. #110
    Charlton
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    u r rite... hmmm... gonna renew it nex week... haha! Thx guys!
    Ex bikes ~ Yamaha X1, Honda Phantom TA150

    Bajaj Pulsar 200 ~~~ 14/09/11 - ???



    Blue Pulsar with Orange sprocket.. Cool???

  11. #111
    Streetwise
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    Default Undecided

    I've a TA150 tat I've been riding for amost 10yrs(1st owner) and it's coming to time to decide whether to sell and buy a new bike(Honda tiger). Current bike has never given me any major issues except for wear and tear replacements; never overhaul before and so far, no need to as bike is functioning well. Got to make a decision this mth as my COE expires in July...and the date is 15th if I'm not wrong. Had chain and tires replaced last year.

    Thinking of selling this bike and getting the Honda Tiger(was quoted 6.8k by bike production, excluding insurance/IU).

    I would like to sell it for a few hundred dollars and buy a new bike? If there is no value to the bike, I will renew COE for 5 or 10yrs.



    What do u guys think??

     

     
  12. #112
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    I'm not exactly sure if the Tiger is a worthwhile upgrade, since it has a TA200 engine on a small 'streetfighter' frame.

    Then again the TA200 isn't exactly very heavy either, at 140kg stock, so I don't expect a massive performance gain. infact the TA150's top speed likely will still be superior. Fuel economy however will be far superior to the TA150 especially considering the bike's age.

    Therefore I would keep the TA150, doll it up and will continue to serve you until COE expires. Well, COE is going up now but still cheaper than a new bike.

  13. #113
    Streetwise
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    Quote Originally Posted by mepkoh View Post
    congratulations....u are one faithful phantom rider..
    keep on riding man..
    now with the coe going up...its a headache..
    Thanks for the feedback. Yes, the bike has served me well.Do u think the bike worth to sell? If no, then I will keep the bike for 5 years.

  14. #114
    kmjoe
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    extend the coe for 10yrs and sell or use... since its serving well

  15. #115
    yeukeong
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    Quote Originally Posted by Streetwise View Post
    I've a TA150 tat I've been riding for amost 10yrs(1st owner) and it's coming to time to decide whether to sell and buy a new bike(Honda tiger). Current bike has never given me any major issues except for wear and tear replacements; never overhaul before and so far, no need to as bike is functioning well. Got to make a decision this mth as my COE expires in July...and the date is 15th if I'm not wrong. Had chain and tires replaced last year.

    Thinking of selling this bike and getting the Honda Tiger(was quoted 6.8k by bike production, excluding insurance/IU).

    I would like to sell it for a few hundred dollars and buy a new bike? If there is no value to the bike, I will renew COE for 5 or 10yrs.

    What do u guys think??
    I'll suggest that u keep this bike for another 10yrs.
    1. U r the only owner for this bike, u know his health than anyone. Can say u saw his brith till today.
    2. TA150 is the only class 2B power cruiser, that is sport engine in cruiser.
    In furture, might become a collector bike????????? Like RD or Katana.
    3. Sell for a few hundred dollars, better overhual for few hundred dollar. can serve u well for next 10 years. COE so expensive today.

    FYI
    Insurance NCB(if u scrap or sell) & IU(if u scrap) can be transfer to your new bike.

  16. #116
    madman
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    aiseh... another person like me...

    now, no one can tell you to sell or not.
    if this is jus a transport bike, and it has served u well for 10yrs, then why not another 10?

    i renewed COE for mine and sold it as it is time for me to upgrade to a bigger cc bike. i see no point in me keeping 2 bikes thats why i sell, and i have no regrets.

    current ride has so much more horsepower, pickup is great, and lastly, FC is even better than the ta150...wahahaa...

    dont scrap it, renew COE and if you want to change bike later on, you can still get a good price for it. reason is you are 1st owner, and bike lasted 10yrs no problem.


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  17. #117
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    Quote Originally Posted by madman View Post
    aiseh... another person like me...

    now, no one can tell you to sell or not.
    if this is jus a transport bike, and it has served u well for 10yrs, then why not another 10?

    i renewed COE for mine and sold it as it is time for me to upgrade to a bigger cc bike. i see no point in me keeping 2 bikes thats why i sell, and i have no regrets.

    current ride has so much more horsepower, pickup is great, and lastly, FC is even better than the ta150...wahahaa...

    dont scrap it, renew COE and if you want to change bike later on, you can still get a good price for it. reason is you are 1st owner, and bike lasted 10yrs no problem.
    Just thinking that with new bike, save FC(4stroke), less maintenace, less road tax and time to try something new....but.....u're right tat I know this bike well since it's with me for 10years. Tat's why it's so hard a decision.

  18. #118
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    When my engine has finally exploded from being forced fed ram air I will strip the bike down and preserve as a monument in my living room

    can use as sofa

    ..wait..

    You know what those xiao ang mohs who like flightsims do, they make their own cockpits complete with working aircraft style gauges to play computer games on. Bet with enough time, I could create a rideable Need for Speed console

  19. #119
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    Thanks guys. Just to let u know tat I've renewed my COE for 10yrs. Did most stuff today; renewed COE online; called NTUC to renew 3rd party insurance, will collect tomorrow.....and went down to Planet to change battery and oil.

    Next step will be to go down for test.

  20. #120
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    What do u means "Next step will be to go down for test."???

  21. #121
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    Quote Originally Posted by yeukeong View Post
    What do u means "Next step will be to go down for test."???
    Yearly vicom inspection

     

     
  22. #122
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    So when can we other pks see your 10 year war veteran

  23. #123
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    Quote Originally Posted by Kalyan View Post
    So when can we other pks see your 10 year war veteran
    My bike same like me, non-modified with wear and tear. Now need to think wat I need to do to make it younger: d. Taking my time as got 10 years lol. Most important is to replace all worn parts.

  24. #124
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    No rush on it; so long as the mechanical bits are sound, got no complaints with any stock Phantom. It's quite well designed as it is. I stopped my customisations before they even began, almost. Will have no love for the bike if I laid down a thousand dollars for someone else to do the fun hack and slash bits.

    In my mostly Soviet taste, well designed implies functional, rugged... if not indestructible lol.

  25. #125
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    juz continue to ride as it is when the time come to change or replace the part you'll know... advise do a pre-check when the tech finish ur bikes...

  26. #126
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    My TA200 left a year to go b4 coe ends, duno should renew or not sia -_-

  27. #127
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    I wonder too, got about 3 years for mine yet I rarely ride it. Constantly depreciating. Every time its being ridden probably about 2km to and fro only.
    Click below link or copy+paste for good deals!
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  28. #128
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    left 2 years of COE.. prob sell it off and get a kup kia ;D


    COE = 1.5k++ as for november 2010...

    bike value now = 1.5k
    COE = 1.5k
    total about 3k already..

    Might as well get a 6 years old X1R
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  29. #129
    Zhi Ming
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    COE now 1.6 k! , any views on whether it will go even higher? Only left 1 more year before my COE runs out

    btw , this is a good website showing COE prices from 2007 till now.
    http://www.st701.com/cars/coe/index.html
    Last edited by Zhi Ming; 20-01-2011 at 11:02 AM.
    12 Jun 2008 - Class 2B
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  30. #130
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    Angry

    The COE is madness!!

  31. #131
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    Default advice on scarp phantom

    hi, need advice on scarp this bike,

    my current situation is that, my bike is a FU plate and near end of coe
    while traveling my engine stall can cannot restart le so decide to scarp it
    a workshop at pioneer road north help to check my bike and told me that if repay need at least 1k, so upon hearing that i decide to scrap it, so i ask how do i scrap it,
    they told me that just fill in the transfer form for the bike to their shop and they will do it for me, but the thing is when i ask around how much will i be able to take back

    he told me that "basically when u scrap is give them(scrap operator) everything" which means i will nt get a single cent back. and when i ask how about the coe, he told me coe FU plate also due cannot get anything also.. i was like WTH!!! so need advice on this.. thanks

     

     
  32. #132
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    Quote Originally Posted by sick0r View Post
    hi, need advice on scarp this bike,

    my current situation is that, my bike is a FU plate and near end of coe
    while traveling my engine stall can cannot restart le so decide to scarp it
    a workshop at pioneer road north help to check my bike and told me that if repay need at least 1k, so upon hearing that i decide to scrap it, so i ask how do i scrap it,
    they told me that just fill in the transfer form for the bike to their shop and they will do it for me, but the thing is when i ask around how much will i be able to take back

    he told me that "basically when u scrap is give them(scrap operator) everything" which means i will nt get a single cent back. and when i ask how about the coe, he told me coe FU plate also due cannot get anything also.. i was like WTH!!! so need advice on this.. thanks
    get a second quotation. whats ur coe value left?
    Dragstar 400 classic & Zx6r

  33. #133
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    Quote Originally Posted by sick0r View Post
    hi, need advice on scarp this bike,

    my current situation is that, my bike is a FU plate and near end of coe
    while traveling my engine stall can cannot restart le so decide to scarp it
    a workshop at pioneer road north help to check my bike and told me that if repay need at least 1k, so upon hearing that i decide to scrap it, so i ask how do i scrap it,
    they told me that just fill in the transfer form for the bike to their shop and they will do it for me, but the thing is when i ask around how much will i be able to take back

    he told me that "basically when u scrap is give them(scrap operator) everything" which means i will nt get a single cent back. and when i ask how about the coe, he told me coe FU plate also due cannot get anything also.. i was like WTH!!! so need advice on this.. thanks
    FU plate is around 2001-2002 registered. Those days the quota premium used to be like 100$ or 200$, lah. So what do you expect to get back? May be 10-20$, lol.

    Your best bet is to remove all the spare parts and sell them seperately. For scraping the bike, I believe you just need to give them the chasis and the engine.

    There are lots of Phantoms on the road with FU and FV plate, so we can see lots of phantoms going to the scrapyard, this year and next year. With COE already touching 1.8k I dont think anyone is going to renew their COE. Really sad.
    May '10 - Jun '11 : Bajaj Pulsar 180 DTSi UG2
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  34. #134
    Zhi Ming
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    Quote Originally Posted by revhappy View Post
    FU plate is around 2001-2002 registered. Those days the quota premium used to be like 100$ or 200$, lah. So what do you expect to get back? May be 10-20$, lol.

    Your best bet is to remove all the spare parts and sell them seperately. For scraping the bike, I believe you just need to give them the chasis and the engine.

    There are lots of Phantoms on the road with FU and FV plate, so we can see lots of phantoms going to the scrapyard, this year and next year. With COE already touching 1.8k I dont think anyone is going to renew their COE. Really sad.
    yep...COE gonna hit 2+K by middle of 2011, maybe 3k by 2012...economy recover liao more ppl buying bikes lol...not worth it to renew old bikes arleady, time to scrap and get 2nd hand S4
    12 Jun 2008 - Class 2B
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  35. #135
    Manowar
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    Default An amateur question on COE

    Hi Phantom bros,

    I'm intending to get a 200cc 2nd hand phantom but I'm new to the world of bike.

    After trying to learn as much as possible, and reading on the FAQs / several other threads, I have a dilemma regarding the question of COE.

    1) Should I buy a more expensive phantom with 2 years more COE(till May 2013) @ $1.5k, giving me enough time to upgrade and get a 2A license,
    [----> this also leads me to the question of will anyone wanna buy my bike with 1year left of COE? or is my only option left is to scrap it?]

    or

    2) Buy a cheaper phantom at maybe $800-1200 with COE ending (2011-2012) and extend the COE if it expires before I get my 2A license?

    Which will be more financially viable? Thanks for the help bros.
    Last edited by Manowar; 24-02-2011 at 11:15 PM.

  36. #136
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    i would suggest buy one to let u ride until u can get class 2A then scrap it, now COE is $2k, no point renewing for 2B bike unless your bike is really well-taken care of..

  37. #137
    Manowar
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    Okay, thank you for advice. Sibei headache sia. Cuz I got no friends(good at bike) to view with me, so I have to use the knowledge from the guides to check the bike I'm viewing tmr haha.
    so many jargons and technical stuff. Hope don't become carrot head lol.

  38. #138
    CSV
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    yeah, please check thoroughly. best option, pay a reputable shop mechanic to go see bike with you.

    then he can certify the bike is good or a lemon.

    go alone you might end up getting a shitty bike, or an ok bike with a few small problems(like me).

    good luck.

  39. #139
    Manowar
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    thanks, any recommendation which shop/mechanics offer this type of service?

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    I've got my phantom TA200 at 1.8k (plus insurance, road tax, etc) just this JAN.
    some cosmetic wear and tear but the chrome parts are well maintained. Engine & mechanical wise is done up nicely by the shop before handled over to me. COE till Jul 2013.

    If my COE going to end, i would not renew but upgrade to Shadow or relevant chopper in Class 2A.
    I am starting to enjoy the comfort of riding a chopper but i still missed my old Yamaha 3MA...
    Its just me ...

  41. #141
    Zhi Ming
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    Guys, if i am planning to scrap when my COE ends in March, will i get the following $$ from my insurance and road tax back? both in June.
    12 Jun 2008 - Class 2B
    28 Jun 2008 - Honda Phantom TA 200 (COE 11/3/17)
    17 Jan 2009 - Class 3
    27 Oct 2009 - Class 2A
    28 May 2016 - Yamaha Fino 115 (COE 04/8/24)
    9 June 2017 - Honda CB400 Spec 2 (COE 02/1/23)

     

     
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    The problem with buying a bike with just 1 or 2 years COE left is that if you are planning to scrap it at the end of the COE expiry, you will always be in a dilemma about maintaining it. Imagine just 1 year left and then suddenly you notice that the there is a problem with the gear box and you need to overhaul and it will cost like 200$. Then you start wondering whether you should do it or not because whatever money you put on the bike you will not recover it back.

    That is the toughest part. So If I were to buy a bike with 1 or 2 years COE left, I would buy it thinking that I would renew the COE anyway and then ride it for 3-4 years and then scrap it and get the COE back.

    If you want to ride the bike for just 1 or 2 years then better to buy a bike with atleast 4-5 years COE remaining and then sell it off after 1 or 2 years.
    May '10 - Jun '11 : Bajaj Pulsar 180 DTSi UG2
    Jul '11 - Jan '12 : Honda Phantom TA200
    Feb '12 - Jul '12 : Bajaj Pulsar 180 DTSi UG3
    Aug '12 - Current : Bajaj Pulsar 200 DTSi

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    Quote Originally Posted by Zhi Ming View Post
    Guys, if i am planning to scrap when my COE ends in March, will i get the following $$ from my insurance and road tax back? both in June.
    You will get 85% of the 3 months residual amount of Insurance. Road Tax I am not sure.
    May '10 - Jun '11 : Bajaj Pulsar 180 DTSi UG2
    Jul '11 - Jan '12 : Honda Phantom TA200
    Feb '12 - Jul '12 : Bajaj Pulsar 180 DTSi UG3
    Aug '12 - Current : Bajaj Pulsar 200 DTSi

  44. #144
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    COE expire next year 2012. if the price is not gonna drop below 1.6k, doubt am gonna renew COE. after replacing all the wear and tear parts somemore.
    JOSHUA
    class2B -26/2/09
    class 2A -27/7/10
    class 3 - 6/1/11
    class 2 - 30/8/12



  45. #145
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    Quote Originally Posted by revhappy View Post
    You will get 85% of the 3 months residual amount of Insurance. Road Tax I am not sure.
    ah ok thanks...so at least can get back $50 lol
    12 Jun 2008 - Class 2B
    28 Jun 2008 - Honda Phantom TA 200 (COE 11/3/17)
    17 Jan 2009 - Class 3
    27 Oct 2009 - Class 2A
    28 May 2016 - Yamaha Fino 115 (COE 04/8/24)
    9 June 2017 - Honda CB400 Spec 2 (COE 02/1/23)

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    manfred
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    hi ppl if i dun renew my coe, jus ride as normal, who will find out???

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    Quote Originally Posted by manfred View Post
    hi ppl if i dun renew my coe, jus ride as normal, who will find out???
    Everything is digitised here and its all in the LTA system. Everything is interlinked. If you try to renew your bike insurance, they will refuse without COE on the bike. Without insurance you cannot do road tax. Without all these things if you are caught on the road during some routine check, you are dead. Your plate number will easily attract TPs and they can do a check on the spot whether COE is there or not.

    My 2 cents, just not worth taking that risk in this "fine" country.
    May '10 - Jun '11 : Bajaj Pulsar 180 DTSi UG2
    Jul '11 - Jan '12 : Honda Phantom TA200
    Feb '12 - Jul '12 : Bajaj Pulsar 180 DTSi UG3
    Aug '12 - Current : Bajaj Pulsar 200 DTSi

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    Quote Originally Posted by Charlton View Post
    hmmm... just receive letter from LTA... telling me renew coe for my bike is $1223...

    should i renew anot? engine condition soso only... still can move...
    hi, does the letter from LTA give u the choice of 5 or 10 years to renew. my case gg to pay a guy $750 for a pretty well maintained TA200,expire in aug 2011. but the issue is take a bet on coe...now is over 2k. i kind of love the bike,press of a button the fellow starts at once and chain and tyres are all changed.

    i assume it a good take over except must pray for coe to drop some kind. looking as a tpt b/w my jurong home and work place at changi

  49. #149
    Icomeforyou
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    Quote Originally Posted by followthelaw View Post
    hi, does the letter from LTA give u the choice of 5 or 10 years to renew. my case gg to pay a guy $750 for a pretty well maintained TA200,expire in aug 2011. but the issue is take a bet on coe...now is over 2k. i kind of love the bike,press of a button the fellow starts at once and chain and tyres are all changed.

    i assume it a good take over except must pray for coe to drop some kind. looking as a tpt b/w my jurong home and work place at changi
    if i'm not wrong isn't the renewal at your request? And btw, wow jurong to changi?? wow... enjoy the bike.. =)
    "Wolves and sheep will live together in peace, and leopards will lie down with young goats, calves and lion cubs will feed together, and little children will take care of them. Cows and bears will eat together, and their calves and cubs will lie down in peace." Isaiah 11:6-8


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    Quote Originally Posted by Icomeforyou View Post
    if i'm not wrong isn't the renewal at your request? And btw, wow jurong to changi?? wow... enjoy the bike.. =)
    ya....jurong west ext to changi daily....now driving a toyota sienta. but boy this car can handle....i pump every 4(sometime 5)days......FC is good. but to cut cost...thgt of getting a 2 wheeler for tpt.me want to avoid class 2a n 2 due to FC issue,installment best dun have

    one chap selling...coe expire aug 2011....pay him nominal sum and pray that coe will drop....to renew 10 years. TA200 shd be easy to maintain,rite and any other repairs are easily solved by local mechanic,rite

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