The decision to buy a used car saves more money. However, there are certain factors to consider before purchase.
COE and PARF Rebate Schemes
In going to a used car dealer in Singapore, it is important to know the kind of rebate scheme. The choices are Certificate of Entitlement (COE) and Preferential Additional Registration Fee (PARF). With the rebate, there is an amount returned after the registration of the car is removed. Through PARF, the used car has been functional below ten years. When the usage does not reach year 10, from the ARF, 50 to 70% is gotten back. As for COE, the first round of COE is done. The choice of extension is five or 10 years.
Know How It Functions
Buying a second hand car in Singapore entails determining the functionality of the used car in giving a test drive. From the mileage, the condition of the car is visible. Making the tenure of the used car as the basis is wrong. This is because the car may have been used only at times. The Land Transportation Authority (LTA) report indicates that on the average, the mileage of a private car reaches 16,700km. During the test drive, observe the movement on the road. Give it a turn, maneuver, and bring it in different road scenarios. See how it responds.
Selling The Car
Selling your car in Singapore depending on the purpose entails making sure of its good condition. Decrease the future repairs of the potential buyer. It is advisable for the used car dealer to give a Certified Used Car label. In this manner, the buyer prospect is assured of the functionality. Be prepared to pay more for upfront with more long-term savings. The warranty has to remain valid for the new owner. When it comes to the road tax, it is best to know about it.
Amobee - GOwheeler Pte Ltd provides the opportunity for used car ownership.
