Hi Sifu,

Is the car value based on the registration or manufacture date?

I noticed that car insurance is based on manufacture date, and not registration date.

Car delivered in January 2022 would most probably have manufacturing date in 2021. So is the value based on 2022 or 2021?

As a seller, the seller would argue that it's a 2022 car

On the other side, a buyer would want to buy at a lower price by pointing out that it's a year 2021 manufactured car.

Thanks.

Let said, A C200 (Manu 2016) Sit in showroom.

sold on 2022.


tell me your answer.

still selling the price like 2016?

Its always been the manufactured date all these while

legit is manufactured date

but those who want to perform daily robbery/scam/mislead buyer: date registered

Manufactured date.

yes

edit:misunderstood you answer..haha

This post has been edited by sunami: Oct 17 2022, 02:06 PM

Its always been manufactured date.

Thats why there is heavy discounts on new cars towards year end because new year the car immediately one year old. Strange but that how the industry works. Follow aje...

You can sell at whatever price you want, just know this. Banks will process loans based on year manufactured

Thanks for answer guys.

Recently all the local cars are selling like hot cakes, that the local brand cars are not even offering any sort of rebate even for year end car.

So I'm contemplating whether to accept the car in Nov or wait till early next year.

It's not so much they are selling like hotcakes, more like the entire industry is still suffering severe stock shortage. Every single unit is being sought after by multiple buyers, dealers don't even need to offer any discounts to move sales.

If you plan to reject year end stock, make sure the dealer has next year's stock already lined up for you.

The only exception I think are cold brands like peugeot and luxury marques eg.Beemer Merc etc.

Depend on how urgent u need the car. If u can wait then better to get the car with the same year on manufacture and registration date. Either way, banks will process the loan on car value based on manufacture date.