Brancho SG Dear Friends,Would it be worth it to convert existing car to weekend car?Is it that I would get back the COE amount that I paid for?Am not using the car except on weekends or sunday where there is free parking in some places.regardsBrancho
ALN SG convert to weekend car i thought no cash back immediately wan?... only get cash back it when scrap…. i think…..anyway amount to get back is $17K pro-rated over 10 years loh…e.g. if left 5 years, get back $17/2K lohbut then hor… now road tax reduced liao… so convert to wkend less saving compared to before…..
lianamaster SG U can refer to http://www.lta.gov.sg/motoring_matters/motoring_vo_policynschemes_offpeak.htmand calculate if it is worth for you.
ALN SG the conversion forumla is strange…amount of money back = Lifespan of the car as a converted OPC (in months and days) x ($2,200/12)....so meaning if you convert normal car from day 1, you will get back 120×2200/12 = 22K…. which is more than 17K???
扎fit 人 SG You will not get anything back when u convert a normal car to opc. Only applies to new cars.You will only benefit from a road tax rebate of $800. Minimum $50 road tax.