If Buy Car for CNY, Buy Diesel or Hybrid, Got CEVS Discount Mah!

When 1 January 2013 come, newly registered cars with lower carbon emissions got up to $20,000 discount off… chope, the ARF, not full price. Wah! But ah, from 1 July, new cars with higher carbon emissions would kena a tax of up to $20,000. Piangz!

The Green Vehicle Rebate system would close shop liao when this new Carbon Emissions-based Vehicle Scheme (CEVS) open car. Now Cat A COE at $77,201 and Cat B at $92,400! KNN Who will buy new car now! Oni those towkay or ah sia kia, those desperate need it for work or family or those damn stupid. $92,400 to burn on a piece of paper called COE?  Might as well burn as hell money make hungry Japanese soldier ghost happy and gives me winning 4D so I can be as rich as a minister. Or I takes money invest in junk bonds which are sibeh hot now more worth it!

But hor, this CEVS is a good thing to hedge any COE increase if die die want to buy car before CNY. If you buy low carbon emission chia like Prius C 1.5, about $145,000 , rebate can be up to $20,000 or more than 10% discount! But must read fine print – the $20,000 discount is for ARF nia and some more got min $5,000 ARF. In the end, gahmen never give real freebies one an always got catch! Eye must open besar besar dua dua. Anyway, Borneo actually say hor cheaper to buy Prius now under Green Vehicle Rebate compared to CEVS time.

So if you really mati mati max benefit from CEVS when buy low carbon emission car, make sure the ARF is smelly smelly $25,000 and got $20,000 CEVS – not that many liao the choices for Cat A cars. The other factor is not go for hybrids, but for diesel which oso got lower carbon emissions and got chance to take the CEVS discount of up to $20,000.

The tax now for Euro V diesel cars is $1.25/cc. Chop! Carrot head! But from 1 January 2013, the new diesel tax is $0.40/cc, ormost like 66% discount sial, but subject to min $400 diesel tax. Tax almost the same as petrol cars liao like that. Now 1.6 diesel must pay $2,000 /yr, but after January is oni $640/yr. Best lah like that!

Volkswagen early ready liao and would launch diesel versions for its cars.  Today oso did comparisons and Jetta petrol version is more expensive than diesel version. Not too sure exactly abt Today’s calculations as ARF for Jetta is abt $19,000 now and CEVS rebate is worth $15,000, so still must come up with $5,000 as that is the min ARF. Oso as diesel is cheaper than petrol when pump car, in long run can be cheaper. Maintanance of diesel car like cheaper and Ubi workshop can do compared to hybrid. But hybrid like more sart and modern, and quiet, not so malu don’t sound like taxi for those who care abt such things.

So talk here talk there what it means? Aiyah, if stubborn want to buy new shiny car now yaya before CNY as MRT often spoil, bus crowded and public transport CMI, quickly take advantage of coming CEVS regime when it just start as people still will wait and see. Gar gar lai and buy! December get ready to buy car liao before more people know about CEVS and drive up demands for COE. Look for diesel or hybrid. Diesel macam more worth as not oni “cheaper” at start as got CEVS, maintenance and running of car also cheaper. Just remember that CEVS is offset ARF and got min $5,000 ARF and it is not big discount off the overall price of car can liao.


One Response to “If Buy Car for CNY, Buy Diesel or Hybrid, Got CEVS Discount Mah!”

  1. gamecrazy Says:

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