Author Topic: Scrap Value for Latio  (Read 6859 times)

Offline mcgrath

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Scrap Value for Latio
« on: March 13, 2013, 02:48:10 PM »
Hi guys, my latio is 2005 made, can i check with any bro how much is the scrap value about?

should i renew my COE for 5 years, or should i scrap the car?

Need advise. Please help!

Offline jonpaul0104

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Re: Scrap Value for Latio
« Reply #1 on: March 13, 2013, 04:42:46 PM »
Hi guys, my latio is 2005 made, can i check with any bro how much is the scrap value about?

should i renew my COE for 5 years, or should i scrap the car?

Need advise. Please help!

ur car still got another 2 yrs of COE left rite? same dilemma as me...

wait 2 yrs later then see how.....

Offline dsrio

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Re: Scrap Value for Latio
« Reply #2 on: March 14, 2013, 07:52:40 AM »
paper value can go onemotoring website check, think add a little more for scrap lor.

renew coe must see moving average of 3 months, i believe if you renew now , should be in the region of 70K plus for 10 years renewal.

i also will advise to adopt a wait & see approach, but also got risks as dun know what other type of policies will gaverment introduce.
Objects in mirror are losing

Offline edmundteo

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Re: Scrap Value for Latio
« Reply #3 on: March 14, 2013, 09:55:10 AM »
Once upon a time, one of my friend's car still left with 1yr and not sure whether to scrap or renew COE then the COE for renewal drop to $11k and with 7mths left and he quickly renew 10yrs COE and his car cost ard $20k and can be use for another 10yrs.

We don't know what might turn up......so the best is to maintain the car well. I think now I am also one of them now.

Offline mcgrath

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Re: Scrap Value for Latio
« Reply #4 on: March 14, 2013, 10:30:55 AM »
ur car still got another 2 yrs of COE left rite? same dilemma as me...

wait 2 yrs later then see how.....

jonpaul0104 i agree with you. really hope something good turn out. 

edmundteo: I wish i could have this car costing 20K for 10 years too. but with now COE value, it is crazy -.-

Offline kspchew

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Re: Scrap Value for Latio
« Reply #5 on: March 27, 2013, 09:17:38 PM »
traded.my 2005 for.$17k