Nissan Car Lounge - Almera, Juke, Latio, Qashqai, Sylphy, Teana Owners > Latio

When is the best time to sell my Latio

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Midnight:

--- Quote from: gatier on March 24, 2010, 07:47:41 PM ---
Not Really true for newer cars. It fall but not as steeply as before as there was a change in the OMV to ARF percentage. This 5th year onwards thing only apply to cars 2002 or before as it was 130% of OMV before 5th year and follow by 10% deduction every year. for cars after 2002 it is only 75% of OMV before 5th year and follow by 5% deduction every year

Cheers


--- End quote ---

Thanks for the clarification dude, :-)

But overall, the value falls faster right? That is what makes many people backside itchy, got reason to change car...
 ;D

For me, if my cvt gearbox serves me well... i will be happy to keep driving it.



kenmaine1008:
tink most of us here changed to a newer one.. as most cars > 4yrs face potential problems in the future...  ;D

expresso:
i agree with one of the bros..." unless your ride gives u alot of problem, ..."
I changed mine to latio as i faced problem for my previous ride and it was not roomy enough.. :D

gatier:

--- Quote from: Midnight on March 24, 2010, 07:59:00 PM ---Thanks for the clarification dude, :-)

But overall, the value falls faster right? That is what makes many people backside itchy, got reason to change car...
 ;D

For me, if my cvt gearbox serves me well... i will be happy to keep driving it.





--- End quote ---


Yes, it will drop. COE will drop yearly while ARF will drop about $900 per year (Taking Parf at $18,000) starting at the 5th year. compared to cars before 2002 which will drop $1800 per year. That's why everyone used to change car before the 5th year.

Also previously loan is only at max 7 years , which you will not need to top up at the 4th-5th year if you sell your car.

That's how the before 5th year thing came about.

Cheers

moochi:
Just went on one motoring to check on my Parf/COE rebate. I will only get back $10,216.00!
I paid $54k for the car including bank interest. Wah... means i'll lugi almost $44k if i keep it till the end?  :crycry:

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