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What does COI stand for?

Bikeninja

By Bikeninja
in Biking in Singapore

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Bikeninja Newbie

Bikeninja

Posted
Posted

Hi guys, pardon my ignorance. Can someone tell me what does COI stand for?

I tried to search, but couldnt find out.

 

TIA!

My Ride History:

 

[KTM Duke 200] - 2017/06 - 2018/06

[Piaggio MP3 125] - 2017/12 - 2018/07

[Suzuki DRZ 400 SM] - 2018/07 - 2019/04

[Suzuki Boulevard 400] - 2018/07 - 2019/06

[Honda CB400X] - 2018/10 - 2020/10

[KTM Duke 390] - 2019/07 - 2020/09

[Aprilia Caponord 1200] - 2020/10 - 2021/10

[Vespa 300 GTS] - 2021/06 -

[Honda NC750X DCT ABS] - 2022/05 -

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reize Explorer

reize

Posted
Posted
Hi guys, pardon my ignorance. Can someone tell me what does COI stand for?

I tried to search, but couldnt find out.

 

TIA!

 

If im not wrong it's shorthand for "Continue On Installment"

 

Some people sell bikes that are currently still under financing, so they ask you to pay them a fixed amount + continue paying off the remaining loan the bike still has to either the bank or dealer.

Check out my Website for freelance design and marketing services! : www.reizeprimus.com

 

Or watch my Youtube channel for more Motovlogs and Motorcycling Content! : www.youtube.com/ReizePrimus

wait4me Newbie

wait4me

Posted
Posted

carry on installment

 

 

i hope you next question wont be what is , COF ??? COB ?? lol

Bikeninja Newbie

Bikeninja

Posted
  • Author
Posted

I see, thanks for the clarifications!

 

Is this COI only relevant for bikes? I never come across such arrangement for cars.

 

COI is meant to be a hassle-free, "friendship" private arrangement?

My Ride History:

 

[KTM Duke 200] - 2017/06 - 2018/06

[Piaggio MP3 125] - 2017/12 - 2018/07

[Suzuki DRZ 400 SM] - 2018/07 - 2019/04

[Suzuki Boulevard 400] - 2018/07 - 2019/06

[Honda CB400X] - 2018/10 - 2020/10

[KTM Duke 390] - 2019/07 - 2020/09

[Aprilia Caponord 1200] - 2020/10 - 2021/10

[Vespa 300 GTS] - 2021/06 -

[Honda NC750X DCT ABS] - 2022/05 -

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