Buying & Selling a Bike and COE extension

[Non Stop Racing]

1.my bike coe expired next yr say june. where can i renew it ?

 

2.how many times can coe be renew cuz nt sure previous owner renew anot.

 

3.bike under dad ,does he need to be present when renewing and also what document to brings ?

 

advice needed guys..tks..

[yoshi]

Originally posted by Non Stop Racing@Dec 23 2006, 10:09 PM

1.my bike coe expired next yr say june. where can i renew it ?

 

2.how many times can coe be renew cuz nt sure previous owner renew anot.

 

3.bike under dad ,does he need to be present when renewing and also what document to brings ?

 

advice needed guys..tks..

u can renew ur coe anytime ,but the left over balance will not be brought forward.

 

as long as u renew 10 year coe u can just keep on renewing.

 

need ic .u just take the form let ur dad sign everything and u bring his ic and u submit on his behalf .

[okl]

any idea how much does it costs to renew COE?

[okl]

i also got some issues about buying and selling bike.

 

lets say im riding bike A now and i wanna buy bike B.

 

1) in order to buy Bike B i have to get insurance for it.

 

2) So i go to the insurance company for Bike A and purchase the new insurance for Bike B, then head down to LTA to process ownership transfer.

 

3) so now i own Bike A and Bike B under my name, and now i want to sell Bike A.

 

4) so i post on forums and one buyer confirm he want to buy.

 

5) i go down to his selected insurance company with him, get his insurance then head down to LTA to process ownership transfer.

 

6) so now i own only Bike B.

 

questions:

 

a) the question here is what about my insurance for Bike A? is it possible that at step 2), i cancel my insurance for Bike A and transfer the balance over to Bike B? this way i do not need to fork out so much cash for the insurance of Bike B.

 

b) another thing- throughout the entire process, what documents are needed? now that logcard is no longer in use, what documents are needed? i can only think of NRIC, driving license and Relevant Insurance Papers.

 

c) also, do u have any idea how much does it costs to extend COE for a bike?

[yoshi]

Originally posted by okl@Dec 24 2006, 07:28 PM

any idea how much does it costs to renew COE?

renew coe

 

dec is $961

jan 2007 is $1078

 

if ur call to renew now or later.

[Non Stop Racing]

guys is it renew at sin ming lta there , near thomson area ?

 

i confirm again. bring log card,bring rider ic, bike owner ic ,and bring form.

 

if coe price raise again next yr u know who to vote next election ! haha

[Keynes]

Originally posted by okl@Dec 24 2006, 07:42 PM

a) the question here is what about my insurance for Bike A? is it possible that at step 2), i cancel my insurance for Bike A and transfer the balance over to Bike B? this way i do not need to fork out so much cash for the insurance of Bike B.

 

c) also, do u have any idea how much does it costs to extend COE for a bike?

Hi.

 

a) you cannot cancel bike A insurance as you are still owning/using it even after you have bought bike B. Sway sway anything happen to bike A, then it is not wise cancel bike A insurance just to avoid "forking out so much cash", in any case, your unused insurance fof bike A will be refunded to you when you cancel bike A later (make sure it is AFTER you sell bike A).

 

c) If you want to extend COE, please do it earlier, as I can see the trend of COE is going up.