dr11855i

Hi guys
Want some advice on the possibility of getting an off-peak car (OPC) RX8.
If i intend to keep the car for say 3 years the most and if i were to use the $20 coupon daily (works out to about $20x365 daysx3 years=$21900), i will, at the end of 3 years, still save on road tax, insurance etc right? waddaya guys think?
me considering if it is worth keeping a non-OPC rx8...

white_rotary

Well bro that depends on how you look at it...do you frequent malaysia? and for OPC rx8 most PI is offering a $16000 to $17000 discount off the price tag...i ve thought of it at first becoz buying RX8 as my second car but dropped the idea coz still preferred a "full plate car". Do consider carefully, if you regret half way and wanted to change to full plate, think you need to pay 16-17k up front for the conversion. Good luck dude.

dr11855i

Bro, why do u ask if i frequent M'sia? well i work every single day so i think i will be using the $20 coupon for 6 days a week if discount is only 17k, then not worth to use the coupon daily for 3 years in an OPC right? correct me if i am wrong (can someone help me with the maths here). Of course i prefer a full plate car (looks nice and all) but i am trying to minimise financial losses while enjoying a nice 8

EBS

Hi bro

If u intend to use the car everyday, theres no point buying OPC cos the savings ($17k less than normal price) is less than usage > $17k if u use coupon every working day of the year.

When u sell, the potential buyers will be limited so in the end, u have to convert back to normal car to sell.

to minimize financial loss, its better to buy a used car!!

Cheers

cuscorex

bro..
im usin a OPC too...ok the math is simple:if u r usin the vehicle to wk everyday & hit office b4 7 or 7+,ur car will b parked tere & wt move until u knk off,u can go 4 tis scheme.(provided ur knk off time is bout 6+ or 7)

the annual road tax is <800 & opc is 50. the 17k reduction is a rebate off the coe wich mean the price-tag oso.i wud advice u to juz go 4 the normal registration,save u the hassle too.

white_rotary

Yeah if you frequent malaysia...then alittle troublesome coz need to stick to the OPC timing when going in and out of malaysia. of coz that is just part of the whole hassle...well you ve done the calculation liao...3 years=$21k for OPC (daily use) compared to the 17k discount...personally i think it's not worthy as it's also harder to find a buyer in the future.

Bro like what i said earlier on as it all depends how you look at it, some people dun mind as they are using the car before and after 7 daily but for daily use, strongly recommend you to get a full plate to safe all the hassle.

PS: Go for lower % interest rate and higher down payment...that is the only way you can minimise your financial losses.

dr11855i

thanks guyss for the advice.
I guess with my work schedule i rather stick to the normal registration.
Yeah i agree better go for lower interest rate and bigger downpayment.
Me still saving up for the car...hopefully can book after CNY

c h o x

Since we're on this, can I ask if OPC can move around in malaysia without that coupon? ie. I cross the causeway before 7am and comes back only after 7pm, in between I drive around in malaysia...

white_rotary

Shouldn't be a problem moving around m'sia well for clearer picture to allyour questions think can look up on this http://www.lta.gov.sg/motoring_matte...es_offpeak.htm