The total price of the car.
COE quota premium paid for that round of bidding exercise.
OMV is assessed by the Singapore Customs, based on the price actually paid or payable for the goods when sold for export to the country of importation. This price includes purchase price, freight, insurance and all other charges incidental to the sale and delivery of the car to Singapore.
The Additional Registration Fee paid at the time of its registration. For OPC, this is further offset after COE.
This includes the Goods and Service Tax (GST), Excise Duty which is 20% of OMV and Registation Fee (RF) of SGD140.
The remaining price component of the car taking away the above charges or taxes.
The average annual depreciation of the car is calculated as follows: (Car Price with COE - Scrap value of car) / 10.
The total road tax to be paid annually.
The total sum of interest to be paid over the total loan period.
The monthly sum payable to financing company over 120 repayments.
Date: 23 Jan 2011
A subtle update and improvements in the right areas have made the popular Cerato Forte an even better car.
Great as a family car
Similar cars tried: Honda Fit, Kia Rio, Mazda 3, Suzuki Liana, Mitsubishi Lancer
Duration of car driven: 6 months
This car is definitely a value buy as compared to other cars of the same CC.
For family use, this is great.
For those seeking instant performance, ...
Reviewed by qizhi