I have been scouting around and comptemplating whether a COE car
will be better interms of cost. its alos my 1st car so an old COE
car will be better to sustain and learn about the cost of
maintainance etc. Best of all, touchwood, kena minor dent or hit
are still not as heartache as a new car...
well, that is my personal opinion... 
I have been aiming for a presea too but heard from the forum that
the FC is quite high. but still, I saw quite a few of COEd preseas
on the road also...so am stuck between choices... 