Hmm....If you car is 4years+, so you got it in year 2000. C.O.E.
that time is very much higher than presently. From my standpoint, i
would not say that you will "earn" some money, but in actual fact i
will call it savings. In year 2000, the C.O.E. is about $30K +/- if
i am not wrong, and today the C.O.E. is about $20K +/-
Therefore in simple calculation : C.O.E. from year 2000 / 10
years
= $30,000 / 10 years
= yearly $3,000
C.O.E from today / 10 years
= $20,000 / 10 years
= yearly $2,000
Base on this simple calculation, you are actually saving $1,000 per
year~
And one more thing, vehicle register before May 2000, gets back
(130% of O.M.V.) + (50% of your C.O.E.) if you scrap before it's 5
years old.
This is just my one cent worth of thought. Hope it is usefull to
you.
Cheers!
