Buy new car better or keep C.O.E car better?

wongjoosong SG

I have a COE car. every few months breakdown. Repair costs in singapore also not cheap. Yesterday my car breakdown, towing fee $40, repair bill $260. Afew months ago, I repair aircon $700. Last year I change a recon engine $1500. After repairing, my car is like brand new, haha. I still owe finance $14.9k. My monthly instalment is $316. My insurance per year is $400+. My road tax half year is $550. Inspection is $55 per yr. If I buy a new car, monthly instalment is $400+. Sometime I think the monthly repair bill plus monthly instalment is more than my new car instalment. What is your advise?

tofushop193 SG

of course new car la

nightsky87 SG

time to get a new one since your old one is constantly giving you problems..

AE86tofu SG

u sure or nt? I tot u driving one COE car wad...the boxy merc.... Laughing

tofushop193 SG

Laughing where where where???

sir_boris SG

scrap or sell it away ASAP. get a new car before COE goes up sky high again. PM Lee said “let’s accelerate while the environment is good”. This will boost sentiment, and prices!

tanhs8 SG

get a new car now when the coe is low,coe will go up due to govt cutting back