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Is the current COE too high for renewal?  

8 members have voted

  1. 1. Is the current COE too high for renewal?



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Guest Red Dot Leasing
Posted

Dear Bikers,

 

We are a leasing company that helps you solve your problem of renewing the expensive COE in the current market.

 

This is done by using a "Buy & Rent Back Scheme".

 

COE premiums, Insurance premiums and Road Tax will be settled for you.

 

You only need to pay a fixed monthly sum.

 

Use this thread to post your queries, PM us or call 6744 4400 during office hours (Mondays to Fridays from 10am to 5pm) or 8629 9882 after office hours.

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Guest Red Dot Leasing
Posted
who covers maintenance & repairs costs?

 

We are very flexible in the plans. Usually we do not provide maintenance and repair cost. We can tailor a plan for you if you need us to cover maintenance and repairs.

 

Kindly PM us if you want a sales to call you back.

Guest Red Dot Leasing
Posted
What is the interest rate per year?

 

Is there any minimum years of loan to take?

 

Any penalty for early repayment of loan?

 

Kindly PM us your contact so that we can get our sales to call u back to give you more information.

Guest Red Dot Leasing
Posted
May I know what is the reason for not posting your answers here?

 

Easier to talk over phone mah... Anyway everyone's situation is different better to discuss. If you need a generic answer here it is:

 

Interest from 8% to 12%

 

No minimum years of leasing. However maximum is 10 years.

 

No early repayment penalty.

Posted
Easier to talk over phone mah... Anyway everyone's situation is different better to discuss. If you need a generic answer here it is:

 

Interest from 8% to 12%

 

No minimum years of leasing. However maximum is 10 years.

 

No early repayment penalty.

 

It will be more transparent to post it here. Thank you for your reply.

Posted

Is this another finance credit company, who's is looking for opportunity to loan money!:confused::confused::confused::confused:

 

Now you see everything goes Up and UP, NO or NOT enough money. This is easy money to loan but what is the terms & condition behind???????

Guest Red Dot Leasing
Posted
:help::help::help:

 

Hello bikebike59 Kindly call 67444400 or 86299882 if you need help renewing your COE. Thanks:bounce:

  • 2 weeks later...
Posted

May i know what are the options available for bikes with COE expiring soon?

 

Change new bike? Buy Old Bike? Renew COE?

 

Someone please analyse and tell me which one is the best choice.

 

My income is about $1800 a month. Have some savings in the bank. What should i do?

Posted
May i know what are the options available for bikes with COE expiring soon?

 

Change new bike? Buy Old Bike? Renew COE?

 

Someone please analyse and tell me which one is the best choice.

 

My income is about $1800 a month. Have some savings in the bank. What should i do?

 

hey bikebike59,

 

I was in the same dilemma as you. I thought thro for long time. my bro pass me his bike and his coe expiring... I am contradicting whether to scrape (which I get nothing in the end) and get a new or used bike. end up I told myself that I will renew the bike COE.

 

why?? simple, cause my bro bike is still in good condition, except wear n tear la... and the bike has been with him like donkey years... so there are certain attachment to it. I am proud to be the second owner taking over my bro legacy. if for certain reason I don't like it after years of driving it then I sell away la, or scrap and I still get cash back ma on my COE. but well.... tats me... my advice is take a few hours by urself and ponder bout ur own situation. u noe urself best. There is no right or wrong and hard for us to advise u on this.

 

Good luck!!!!!!

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