Age of the car
thus determining its depreciation
Singaporeans consider buying a used car as an
alternate option than buying brand new car because of the massive prices.
Moreover, car prices don’t appreciate unlike properties, rather it depreciates
over the years. Therefore, it is essential to determine the years of ownership. Many investors consider to buy
used car Singapore, when the years of ownership is four or later because the
vehicle would have taken the brunt of depreciation. However, survey reports
conclude that dealers feel purchasing between six to nine years as an ideal
option because of the rising Certificate of Entitlement (COE) charges.
Buying the car
from private dealer or used car dealership
Sometimes buy or sell used car Singapore is rather
advantageous when we go through dealers due to couple of reasons
- Private owners sell their vehicles at more modest prices yet they
don’t offer any warranty for their car. However, used car dealers provide
short warranty period from the date of purchase. In addition, they offer
post-purchase service which you cannot expect with the private owners
- Documentation is a real night mare that requires lot of running
around when it comes to buy or sell scrap car Singapore. Then again, the
car dealers will take care of your paperwork.
- Car dealers provide you with a choice of viewing multiple cars at the same time. This cut down your time of visiting several owner besides your purchase would be done pretty quickly.
For more information click here http://www.directcars.com.sg/
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