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Thread: Scrapping Bike Early

  1. #1
    crossbone
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    Default Scrapping Bike Early



    Hey all,

    I heard that I can get a portion of my COE back if I scrap my bike early (pro-rated i guess ?).
    Is this true ?

    I have a bike with COE until 2020, but thinking to just scrap it as I rarely use it now due to my work (overseas every now and then) and the bike can't turn on every time i came back.

    Thanks.

  2. #2
    reize
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    Unless it's in super bad condition or some cheapo bike that is very hard to sell, I think it's probably more worth your money to put it up for sale since the premium during 2010 wasn't that high anyway.
    Check out my Website! : www.reizeprimus.tk

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  3. #3
    crossbone
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    well, its an old phantom > 10 years, FZ plate. so i guess its a cheap bike bro.
    coe was extended in 2015 for like $3k

  4. #4
    kaiq
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    If you can sell it above $1.5k, then might as well sell it. Noting that your coe isn't renewable, it might not be easy to find a buyer, but it's always worth a try.

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