Many people are scurrying to dealerships to buy more efficient vehicles due to the rising gas prices. This can cost thousands of dollars on car payments and higher insurance premiums. Before taking that leap, you need to consider if it will be cost effective in the long run.
One possible alternative may be to try your current car on water systems that extract hydrogen for your vehicle to burn. This is a great technology that is available to the public.If you have a car that is paid off and is in great running condition, you will not save money by buying a new car. You will pay out a lot more in finance charges than you will save in fuel costs. This just doesn't make financial sense. Run your car on water instead and increase your mileage. If you already have a vehicle loan, it may be a wise choice to trade it in on a car with better gas mileage, especially if you currently are financing a pick up truck.
Unfortunately not all of us can trade in our pick ups because we need them. It used to be that you could only operate your car on water systems. Luckily there is a company that has a system that will fit on trucks also. Running the truck empty of unnecessary weight, practicing good driving habits and using a water to hydrogen system will help increase your trucks mileage. Other little things will also help get the most out of a tank of gas, like; parking and walking to all stores in the same vicinity, carpooling, and doing all your errands on the same day.Do your research before buying new wheels. Take the time to sit down and run the numbers to make sure you aren't going to be spending more money than you are saving.
Try your car on water systems that take elements from water and convert them into usable energy for your vehicle. The hydrogen extracting systems are easily installed, only use a small amount of water, and are available for pretty much any vehicle. Having a car on water to energy technology is a smart and inexpensive way to save dollars.
Categories
Road Tax Renewal & Statutory Inspection
Road Tax Renewal & Statutory Inspection
One months before the expiry date you will receive a road tax renewal notice. Before the renewal you need to ensure cover of the full period of the new licence by the insurance
check if your vehicle is due for a statutory inspection.
Is your vehicle roadworthy?
Motorcycles & Scooters > 3 years
Once a year
Motorcars 3 - 10 years
Once in 2 years
Motorcars> 10 years
Once a year
You may then renew your Road Tax
Online at the web site link to the right
Visit one of the Road Tax Collection Centres mentioned in the renewal notice
Pay by Giro or cheque to the Land Transport Authority
The Automobile Association Singapore is an authorised Service Collection Centre for Road Tax Renewals. Motorists can now visit AA Customer Service Centres at two convenient locations (River Valley and Leng Kee) and even choose to pay via OCBC's 0% interest instalment plan. For more information on our locations and operating hours, please visit www.aas.com.sg.
Websites
AA Service Collection Center
Gateway to all transportation needs
ERP
Inspection
One months before the expiry date you will receive a road tax renewal notice. Before the renewal you need to ensure cover of the full period of the new licence by the insurance
check if your vehicle is due for a statutory inspection.
Is your vehicle roadworthy?
Motorcycles & Scooters > 3 years
Once a year
Motorcars 3 - 10 years
Once in 2 years
Motorcars> 10 years
Once a year
You may then renew your Road Tax
Online at the web site link to the right
Visit one of the Road Tax Collection Centres mentioned in the renewal notice
Pay by Giro or cheque to the Land Transport Authority
The Automobile Association Singapore is an authorised Service Collection Centre for Road Tax Renewals. Motorists can now visit AA Customer Service Centres at two convenient locations (River Valley and Leng Kee) and even choose to pay via OCBC's 0% interest instalment plan. For more information on our locations and operating hours, please visit www.aas.com.sg.
Websites
AA Service Collection Center
Gateway to all transportation needs
ERP
Inspection
Singapore Car jargons
Singapore Car jargons
ARF(Additional Registration Fee)
100 per cent of the Open Market Value calculated by Singapore Customs
COE(Certificate of Entitlement)
If you want to buy a car in Singapore you need to auction for this document ( auctions are twice a mont) which is to secure with a SGD 10,000 deposit per bid. Pre-condition: you must register a car within six months when bidding for category A (cars up to 1,600 cc) Category B (cars above 1,600 cc). For category C (mostly for used cars) you need to register the car within three months.
Excise Duty
Similar to an import duty this is 45 per cent of the OMV
GST(Goods & Services Tax)
7% of a new car after deducting excise duty.
OMV(Open Market Value)
as calculated by Singapore Customs.
PARF(Preferential Additional Registration Fee)
a rebate to offset registration taxes of new vehicles.
Registration Tax
SGD 140
Road Tax
Ranges from SGD 413 a year to SGD 10,548 (for a Rolls Royce!)
Transfer Fee
The Government levies a tax when a car changes hands. Flat fee of SGD 10 per car plus 2 per cent of the vehicle's value.
Used Car Surcharge
SGD 10,000 - to discourage import of used cars!
ARF(Additional Registration Fee)
100 per cent of the Open Market Value calculated by Singapore Customs
COE(Certificate of Entitlement)
If you want to buy a car in Singapore you need to auction for this document ( auctions are twice a mont) which is to secure with a SGD 10,000 deposit per bid. Pre-condition: you must register a car within six months when bidding for category A (cars up to 1,600 cc) Category B (cars above 1,600 cc). For category C (mostly for used cars) you need to register the car within three months.
Excise Duty
Similar to an import duty this is 45 per cent of the OMV
GST(Goods & Services Tax)
7% of a new car after deducting excise duty.
OMV(Open Market Value)
as calculated by Singapore Customs.
PARF(Preferential Additional Registration Fee)
a rebate to offset registration taxes of new vehicles.
Registration Tax
SGD 140
Road Tax
Ranges from SGD 413 a year to SGD 10,548 (for a Rolls Royce!)
Transfer Fee
The Government levies a tax when a car changes hands. Flat fee of SGD 10 per car plus 2 per cent of the vehicle's value.
Used Car Surcharge
SGD 10,000 - to discourage import of used cars!
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