Quick Question regarding renewing COE

[adriel]

Hi all....

 

Since my bike's COE is gonna expire late 2008, was wondering if I should start monitoring the coe prices.....

 

Can i renew it now if i expect the COE to be low...

 

thanks for the advice brudders

 

adriel

[plasticblackspecs]

Yes you can. Just renew when it's low. I renewed mine before the COE ended too. Wasted about 1 or 2 years though. Could have waited for the COE to drop first. But what the heck, less the hassle for the extra money

[bladeboy]

Just bought mine at 1001 bucks this year oso quite high

[adriel]

oh ok... u mean if i get now i will loose watever is remaining on the previous COE???

 

alamak... like that doesn't justify the savings/ speculation leh

 

thanks tho

[plasticblackspecs]

Yup. The date you renew your COE, it'll reset to ten years. So if you left say 2 yrs on your COE and renew it then, you'll lose that 2 yrs and it'll be ten yrs from the day you renewed. Wait. Did I just repeat myself twice? lol. But since your COE ending in 2008, you won't lose much what. So just keep monitoring the prices now and whack when the price is right. But I think 2nd hand bikes the COE will be average of the last 3 months' COE. The prices that they release only applies for 1st hand bikes.

[adriel]

Thanks plasticblackspecs

 

oh ya... forgot abt the average of 3 months thingy.... with that its goin to pretty much iron out and decrease in price....

 

Been thinking if i should keep my shadow when renew COE when it is up or change to something bigger after getting icense.....

 

Hows the poll on ur band dude...??

[plasticblackspecs]

Hmmm...like that, unless you planning to ride your Shadow for another year, go for a bigger bike. The way I see it. Since we've paid COE for say 1k, roughly divide my 12 months, it's around less than a hundred a month, so at least not so wasted, at least you used SOME of the COE. Of course 10 years would be $100 a year la, but we not looking long term.

 

Ok la the poll, will only know the answer on Sat.

[Kan]

Any idea roughly how much is the COE for a 400cc steed? I'm eyeing one which COE ends at 2008 too....

[plasticblackspecs]

COE for all bikes same. Check the LTA website. I THINK it's http://www.onemotoring.com.sg Do a search on Yahoo or Google. I too lazy too

[NormalAspirated]

Originally posted by Kan@April 26, 2007 01:31 am

Any idea roughly how much is the COE for a 400cc steed? I'm eyeing one which COE ends at 2008 too....

COE got nothing to do with cc ... all same same.

[Kan]

Originally posted by NormalAspirated@April 26, 2007 05:10 am

COE got nothing to do with cc ... all same same.

Oopss... haha..ok, just checked the site, about 1k. So newbie bros out there getting bike, don't forget to check when COE ends, don't just be attracted by buy price haha..

 

Thanks guys