Jump to content
  • Join SingaporeBikes.com today! Where Singapore Bikers Unite!

    Thank you for visiting SingaporeBikes.com - the largest website in Singapore dedicated to all things related to motorcycles and biking in general.

    Join us today as a member to enjoy all the features of the website such as:

    • Forums
    • Blogs
    • Picture/Video Gallery
    • Motorcycle Clubs
    • Event Calendar
    • and many more!

    Registering is free and takes less than 30 seconds! Join us today to share information, discuss about your modifications, and ask questions about your bike in general.

    Thank you for being a part of SingaporeBikes.com!

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


Would you renew COE or buy a new bike?  

188 members have voted

  1. 1. Would you renew COE or buy a new bike?

    • Renew 10-year COE
    • Renew 5-year COE
    • Scrap and buy new bike


Recommended Posts

Dear 2 wheeler, I saw the other day people are bidding more than $2000 for motorcycle coe. Well let's stop it at 1k. i believe the people who bid for these are actually shop owners and dealers who are thinking of their own pockets. if you think about it: they bid very high and got the bike and costumer so eager to have their brand new bike would not consider the coe price because they think aiyah pay every month not ex what. but actually it is ex. please guys , dont be like car drivers, they are willing to splurge their money almost 60k just to get coe. STUPID !!!!! right???? i also enjoy big car, but where is the brain. maybe those who have money really dont think hard for their money because they know they can get from others easily.

Link to post
Share on other sites
  • Replies 309
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Posted Images

Hi. My opinion on this "COE, extend or not?" situation is, there should be one more choice for this poll.

*Scrap and buy 2nd hand bike from another seller.

 

For example, if my COE seriously going to end now, and I still need a bike for transport, and I dont want to take public transport, then I still suck thumb need to carry on riding right. So now need to compare, pay $2k and carry on riding current bike. or pay $2k + $$$$$ for new machine price and every other cost? Of course some bikes may need some tuning and servicing to keep on running for another ten years, but I believe the owner will understand the situation of his bike best as they take care of their bike very well and very likely the bike still has the horses to pull them along. In this comparison, the rider will need to calculate the cost of paying for a new bike, and the cost of possible upcoming maintenance of current bike and make a decision according to his needs and ability.

 

So another way may be to scrap bike, buy another 2nd hand bike of reasonable quality and carry on riding if you do not want to pay the $2k COE. Basically I think it is important for each rider to calculate the cost of each options and decide which suits them best. But if you got the $$$ and willing to spend freely then there's is no need for this discussion.

 

For me, i still have not made a decision because COE still can last 2++ years.

Link to post
Share on other sites

I think that there is still enough bikes to go around. or a better alternative for those who is seeking a transport bike, get it second hand.

 

no point wasting your money to get a brand new bike with a brand new COE, when there are so many unutilised old bikes rusting around in bikeshops with years of COE to spare.

Link to post
Share on other sites
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

 

I paid $700 for a very good condition TA200 with COE expiring in 2013. Mileage only 4400km. I believe you can get a better deal if you look around harder. 5 months for COE to drop is very short time.

Suzuki RG125 Gamma, Suzuki GN125, Suzuki GSX400FW, Suzuki GSXR 400'J', Honda CBX400F, Kawasaki EN400,Suzuki Intruder 750, Yamaha FZX750 Baby VMAX, Daihatsu Charade, Fiat X19 Bertone, Mitsubishi Lancer, Yamaha RXS 115, Honda TA200

Link to post
Share on other sites

i paid 570 for a good condition TA200....but coe gg end in oct 2011...think better renew...read today news coe for bikes gg to shot like mad...maybe i gg renew 5 years enough....till the 5 years end look for another bike.actually thgt of wait till oct 2011 then renew coe....now lta shrink the coe shrink....better renew tmr....otherwise shot till 4/5k...suck thumb

 

renewed 10 years at $1711...what to do???

changed air filter and changed EO myself (pretty easy for TA200)

dropped in broquet BT8 - now easy at 90 to 100km/h,bought from autobacs at $140,they having sales!!!!

bike ok...originally from Boon Siew

Edited by followthelaw
more info
Link to post
Share on other sites
Lol!! I can't believe u found a cheaper deal than me..I bough mine for 800 since dec2010, expiring jan2012! Haha..

 

Anyway where can we check if the Coe is renewable?

 

Your COE sure can renew because all Phantoms are just hitting the 10 year mark. You cannot renew a bike after the COE has been renewed for 5 years.

Suzuki RG125 Gamma, Suzuki GN125, Suzuki GSX400FW, Suzuki GSXR 400'J', Honda CBX400F, Kawasaki EN400,Suzuki Intruder 750, Yamaha FZX750 Baby VMAX, Daihatsu Charade, Fiat X19 Bertone, Mitsubishi Lancer, Yamaha RXS 115, Honda TA200

Link to post
Share on other sites
i paid 570 for a good condition TA200....but coe gg end in oct 2011...think better renew...read today news coe for bikes gg to shot like mad...maybe i gg renew 5 years enough....till the 5 years end look for another bike.actually thgt of wait till oct 2011 then renew coe....now lta shrink the coe shrink....better renew tmr....otherwise shot till 4/5k...suck thumb

 

Just read the news here. Luckly I can wait longer for COE to come back down. Check out the news here http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_647816.html

Suzuki RG125 Gamma, Suzuki GN125, Suzuki GSX400FW, Suzuki GSXR 400'J', Honda CBX400F, Kawasaki EN400,Suzuki Intruder 750, Yamaha FZX750 Baby VMAX, Daihatsu Charade, Fiat X19 Bertone, Mitsubishi Lancer, Yamaha RXS 115, Honda TA200

Link to post
Share on other sites
Can renew before the Coe expiry?

 

Sure. Can renew any time before expiry date.

Suzuki RG125 Gamma, Suzuki GN125, Suzuki GSX400FW, Suzuki GSXR 400'J', Honda CBX400F, Kawasaki EN400,Suzuki Intruder 750, Yamaha FZX750 Baby VMAX, Daihatsu Charade, Fiat X19 Bertone, Mitsubishi Lancer, Yamaha RXS 115, Honda TA200

Link to post
Share on other sites
Sian, my Coe expiring in jan2012..can wait for Coe to come back down?

 

Tough luck. I think this year gonna be high all the way. Must wait and see next year when govt set the quota for number of new vehicles.

Suzuki RG125 Gamma, Suzuki GN125, Suzuki GSX400FW, Suzuki GSXR 400'J', Honda CBX400F, Kawasaki EN400,Suzuki Intruder 750, Yamaha FZX750 Baby VMAX, Daihatsu Charade, Fiat X19 Bertone, Mitsubishi Lancer, Yamaha RXS 115, Honda TA200

Link to post
Share on other sites
Now still 1711 meh? I tot 2k plus liao?

 

Check this thread http://www.singaporebikes.com/forums/showthread.php/317041-Motorcycle-COE-jump-30-to-2-604

Suzuki RG125 Gamma, Suzuki GN125, Suzuki GSX400FW, Suzuki GSXR 400'J', Honda CBX400F, Kawasaki EN400,Suzuki Intruder 750, Yamaha FZX750 Baby VMAX, Daihatsu Charade, Fiat X19 Bertone, Mitsubishi Lancer, Yamaha RXS 115, Honda TA200

Link to post
Share on other sites

New COE price - $2534. Dropped by $70.

Suzuki RG125 Gamma, Suzuki GN125, Suzuki GSX400FW, Suzuki GSXR 400'J', Honda CBX400F, Kawasaki EN400,Suzuki Intruder 750, Yamaha FZX750 Baby VMAX, Daihatsu Charade, Fiat X19 Bertone, Mitsubishi Lancer, Yamaha RXS 115, Honda TA200

Link to post
Share on other sites
jus tft bike...come home changed EO and drop in a broquet B8T....bought it at autobac at $140.....else where all $210!!!!!!!!!, renew COE for 10 years....$1711....what to do!!! think COE gonna shot sme more!!!

 

i bought my broquet 2t about $50 from UM.

2k plus is coe for new bikes

1.7+ is for old bikes at the moment.

Dragstar 400 classic & Zx6r

Link to post
Share on other sites
jus tft bike...come home changed EO and drop in a broquet B8T....bought it at autobac at $140.....else where all $210!!!!!!!!!, renew COE for 10 years....$1711....what to do!!! think COE gonna shot sme more!!!

 

i bought my broquet 2t about $50 from UM. 8t are for cars!

2k plus is coe for new bikes

1.7+ is for old bikes at the moment.

Dragstar 400 classic & Zx6r

Link to post
Share on other sites
i bought my broquet 2t about $50 from UM. 8t are for cars!

2k plus is coe for new bikes

1.7+ is for old bikes at the moment.

 

If the COE is renewed before the expiry then the moving average of last 3 months COE price will be applicable. So all those FU and FV plate phantom riders who want to renew their COE better renew your COE soon because the current rate has shot up to 2600$ and in couple of month the average will be 2600$. Now you will benefit due to the cheap COE prices in Jan and Feb.

 

But I still dont understand one thing, when the COE prices fell to 0$ in 2008 why didnt all those FU and FV plate phantom riders not renew their COEs:slapforehead:

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

Link to post
Share on other sites

prob scrap my Fv plate ta200 next year.. pointless to pay so much for that piece of paper.. Dekit my parts and sell off cheap cheap. stay tune man..

JOSHUA

class2B -26/2/09

class 2A -27/7/10

class 3 - 6/1/11

class 2 - 30/8/12

 

http://i920.photobucket.com/albums/ad44/jtzx/Image0020_JROT42b4_edited.gif?t=1246004022

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.




×
×
  • Create New...