My current car is 11 years old Toyota Estima registered in May 2009. I purchased the second-hand car in Mid 2017 with a mileage of ~100K. It was decent, since yearly mileage is less than 15K which is considered low. Last year, I extended 10-year COE, which I also shared a post.

Renew Car COE 5 years or 10 years?

NEW CAR - HIGH CAPEX, LOW OPEX

Since 2016, I have spent relatively little CAPEX compare to years before that, where I owned two brand new BMWs from PML. I drove a BMW-320 from 2008 for 3 years and BMW-523 from 2011 for 5 over years. The OPEX is really low aside from normal regular services and tyres change. This is because of their brand-new condition and the warranty given by dealer.

Emotional farewell to my remarkable driving machine!

OLD CAR – LOW CAPEX, HIGH OPEX

On the contrary, I have incurred significant OPEX for my current Estima, which I own for slightly more than 4 years now. Since the purchase,