[General] Would you renew 10-year COE or buy a new bike?

[fleaz]

i've lost touch with market prices these days.

 

if it were my previous phantom, i would renew 10 years though, not 5 years. i don't know about your bike's condition.

[KingOfTheApe]

eh noob question wat's eol?

[Vonmuck]

  Tetrabike said:

Hi, i'm riding TA 150 too, and my COE also ending soon. The bike still serving me very well and I think it still can tahan for many years.

 

But i wonder other cost like insurance and roadtax still be the same for 10 years old bike?

 

Insurance will be cheaper as the bike's age increased.

 

Roadtax will increase from 10%,20%,30%,40%,50% til the fifth year.

 

However for 2B bikes, it is still very cheap and affordable.

Even at 50% more on the 5th year, 6 months road tax is like $47 only, and that will be the maximum amount already.

 

There are so many RD, RXK, RXZ, Skippers etc which are very old too.

Even for 2A, many renewed GSX400, CBR400, Nighthawk, GN250 etc.

 

 

I renewed one of my 2B bike at $1100+ COE too.

But that's because it's a great bike and i have spent alot of money maintaining it.

[jB]

  KingOfTheApe said:

eh noob question wat's eol?

EO? Engine oil? don't see any EOL word here

[Bad_Man]

  jB said:

EO? Engine oil? don't see any EOL word here

EOL=End of Life...meaning no more in production.

[snailexpress]

  globehart said:

Hi,

 

I would like to seek opinions from fellow knights...

 

I'm an owner of TA150 since 22 August 2006; it's a sixth-hand bike from a car instructor. Back then, it was in a very good condition and it has served me well all these while. My bike is used as a transport and to pillion my partner when we go to work. On some weekends, I'll pillion my mum to wherever she likes.

 

Its COE is due to expire on 22 Feb 2009.

 

Now I have to make a decision to either renew the COE or buy a new Phantom.

The only factor is that my mum has been persuading me to buy a new bike because she finds my bike old and she would to like to sit on a new bike.

 

Basing on the current market, is the price of a new phantom worth the buy? I’m 27 this year and I’ve my Class 2B since July 2006.

 

If it was you, what would you do, any pros and cons that I should take note of?

 

I reckon your best bet at the moment is to renew the Coe for 5 years then scrap it. If your mums going help pay for a new 1 ..u cant afford.

 

The xtra cost of road tax isnt that much on a 2b u still after 5 years pay around 100 so it aint that expensive. insurance is less to for 3rd party as u only pay for market value and that aint much on a 10+ year bike.

 

You have a partner now in within 5 years you got married 1 kid need a car save your money u got bigger expenses on the way.

[madman]

I dun know abt you, but I'm most likely not gonna renew my 1st hand ta150 of 9.5yrs

 

New ride will be coming soon...

 

Anyone wanna take over it can sms me though. We can nego. :D

[queirtus]

as the saying goes "do away with the old for the new has to come"

 

i would probably scrap mine too... although it has serve me well

[Guest ChaoPussy]

i renew and get a new bike too

[lawbah]

  Pussy1968 said:

i renew and get a new bike too

 

hmmm renew and then get a new bike?

[Toyota23]

as for me i'll renew 5yEars,,,,

[maestro_delphine]

For me I will renew 10 years because now you can refund any unused COE in cash.

[genie]

  Xcert said:

EOL=End of Life...meaning no more in production.

 

So Phantom bikes are no longer in production? The last of the lot was the Fire edition?

[Streetwise]

I will buy new bike.....as low maintenance cost is important to me. Wear and tear on a 10yr old bike means more maintenance cost.....plus more expensive parts and harder to find.

[maestro_delphine]

  Streetwise said:

I will buy new bike.....as low maintenance cost is important to me. Wear and tear on a 10yr old bike means more maintenance cost.....plus more expensive parts and harder to find.

 

Phantom parts are quite common and cheap.

[kraikk]

I don't understand the COE with bikes; is it similar to that of cars when scrapped, that is, a COE rebate of the unused portion? I don't suppose there is a PARF rebate.

 

If the COE has expired and I choose not to renew, what can I get from scrapping the bike?

[bazookay]

Hi all PKs,

 

Hi brothers my Phantom TA200 is going to end its 10 years service in 2010. I wanna get a brand new TA200, is the market still selling it? coz I heard of other people saying that it is very hard (or no more available) to get new ones liaoz...so does it mean that there wont be any incoming TA200?...I love this bike coz i cannot find any nice 2B cruisers...

 

Thanks in advance....

[SNapEl]

Yes its hard to find a new TA200 these days. + its not really worth it to get a 1st hand TA, the depreciation is very high. Also IMHO, you will have a strong urge to change bike as soon as u upgrade yr license. If u are intersted in a 2nd hand one, take a look at my sale.

 

http://www.singaporebikes.com/forums/showthread.php?t=226736

[Streetwise]

  maestro_delphine said:

Phantom parts are quite common and cheap.

 

For now. As the bike gets `older', parts will be harder to come by since it's no longer in production, which equates to higher price. Maintenance goes up as wear & tear`accelerates'....which equates to `unscheduled' breakdowns:). Rust is another enemy too.

 

Fyi, I'm a 1st owner of a trusty TA150 for approx. 8yrs(still riding it). The 1st 5yrs were uneventful(a good thing:D), other than usual break/clutch cables, tires, brakes, spark plug, oil. To date, I've replaced CDI, front wheel bearings, brake plate. Not very much problem considering it's age.

 

Going into the future(after 10yrs), I expect the following wear and tear to appear; front fork, exhaust replacement, engine top or total overhaul. I'm esp afraid of overhauls.

 

I've friends who owned bikes >10years. It's not worth when u see the `trouble' they go thru. The `downtime' they suffer means incoveniences and time spent in getting their bike back on the road. Again, this is my personal view and to ea it's own:D.

[bazookay]

  SNapEl said:

Yes its hard to find a new TA200 these days. + its not really worth it to get a 1st hand TA, the depreciation is very high. Also IMHO, you will have a strong urge to change bike as soon as u upgrade yr license. If u are intersted in a 2nd hand one, take a look at my sale.

 

http://www.singaporebikes.com/forums/showthread.php?t=226736

 

hi brother thanks for your advice..

i dont have time to upgrade my license for the time being due to my work and study...even with 2A license...i dont think there are many more chopper to choose is it?...so far i know only shadow and steed..(if they are still available outside)..:S

 

by the way if i really want to look for a brand new phantom, brother you know any places that i can try my luck there?

 

thanks in advance...

 

thanks in advance

[VidaK]

Yamaha dragstar classic XVS 400 cost 13k otr. I was drooling a little over it when I snapped back to reality that I'm years away from working. I love my phantom and would do the necessary upgrades and upkeep to pass it to my son! ok that is exaggerating... but I know I don't have a choice but to renew COE ha

[SNapEl]

  bazookay said:

hi brother thanks for your advice..

i dont have time to upgrade my license for the time being due to my work and study...even with 2A license...i dont think there are many more chopper to choose is it?...so far i know only shadow and steed..(if they are still available outside)..:S

 

by the way if i really want to look for a brand new phantom, brother you know any places that i can try my luck there?

 

thanks in advance...

 

thanks in advance

 

Bike production

Loois Motors

AS Phoon

 

are a few places that MAY have stock... The last i heard they brought in was the Phantom Fire edtion 1+ year ago.

[globehart]

Thank you for all your responses everyone...

 

Apologies for not responding earlier as I haven't had the chance to surf the net.

 

In any case, I've read all the responses before I made up my mind to renew my bike for 10-years on 20th February.

 

My personal reasons in doing so as follows:

 

1. The bike is still serving me well and really don't give me much problems (hopefully in future too!)

2. It's been my companion and I've gotten attached to it. (Especially when I was so down and out, it stood by me.)

3. On the practical side, I rather keep my excess $ for rainy days since the economy is not so good.

4. I don't foresee myself getting married at all and definitely no kids too. ;p

5. And even if I do get a Class 3 license, I can't afford a car also.

6. I managed to persuade my mum that buying a new bike is a waste of her $ and if she really wanna sponsor me, keep it for a car the next time...kekekekeke.

 

These were some of my thoughts and also with the replies from you guys, I made up my mind to renew 10-year.

 

The COE can be refunded in the event I don't wish to continue riding in future. Also, it really ain't much an amount to pay when it works out to less than $10 per month for 10 years.

 

And I know I have "someone" to turn to when I need advices about my TA150. That is people like you here!!!

 

Thank you once again everyone!!!

[VidaK]

I'm happy for you and your bike ^^

[paradox00]

actually ta150 is a v good transport bike, consider that no one will disturb u, nobody will even bother a second look unless super zeng, and u wont feel kinda heart pain when thrash?