Hi guys,
I am a newbie. I am now driving a Lancer 1.6 GLX (bought in
July/2002, S$86K with a 5yr loan, COE-S$31K). The loan will be
completed in July/August this year. I know that the COE loss for my
car each year is about S$3100 whereas now the new COE loss for each
year is about S$1200++ (Pls correct me if I am wrong). I am
wondering if I should change my car now or in the near future in
order to minimize my loss($) in COE. I really like my current car.
Do you guys think that it makes economic sense to change my car in
the near future? Assume that the new car is 1.6L and is about
S$55-60K.
Thanks in advance for your help and advice. Cheers