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Should you renew your COE on your off peak car
01 Apr 2017 (28 views)

The Off Peak car scheme allows the owner to enjoy a rebate of $17,000 when they purchase a new car and a $500 discount on the road tax. There is a total saving of $22,000 over the 10 year ownership of the car. 

However, the owner has to pay a daily fee of $20 when they drive the OPC during the restricted hours.

With the high COE prices, most owners are not buying new cars under the Off Peak Car scheme. 

Should the owner renew the COE at the end of 10 years? This article explains the options available to the owners.
http://dollarsandsense.sg/renew-coe-off-peak-opc-car/
 


Should you renew your COE on your off peak car
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The Off Peak car scheme allows the owner to enjoy a rebate of $17,000 when they purchase a new car and a $500 discount on the road tax. There is a total saving of $22,000 over the 10 year ownership of the car. 

However, the owner has to pay a daily fee of $20 when they drive the OPC during the restricted hours.

With the high COE prices, most owners are not buying new cars under the Off Peak Car scheme. 

Should the owner renew the COE at the end of 10 years? This article explains the options available to the owners.
http://dollarsandsense.sg/renew-coe-off-peak-opc-car/