Renew COE for 5 years or Buy New Car now?
I'm currently driving a Toyota Wish 1.8, COE is expiring next year Feb. My mileage is only 60k as I seldom drives my car. Usually only send kids to school and work. I'm actually thinking of getting BYD M6 or the Tesla Model Y L as i need minimally 6 seater. But with COE prices at almost 130K. Will it be better if i just extend my COE for 5 years and wait? And is renewing COE cheaper abit also? Thanks for your kind advice and opinions.