100K COE price is like normal now

[Capitalist]

https://www.sgcarmart.com/new_cars/popups/whatsDownpayment.php

Go read again.

It states the maximum % of loan.

 

[Pumpkin Duke]

the higher ceo the road moar jam free

the coe sho be 300k for smooth traffic

 

[lanky_al]

AD got buffer on execute the COE?

Cat E coe which is transferable.

 

[Deathzz]

If the avg claas citizen need a car, they would still buy via making a poor financial decision

 

[hachi]

the higher ceo the road moar jam free

the coe sho be 300k for smooth traffic

You know how coe works? Whether is $1 or 300k, the amount of coe on the Rd is the same... How does it reduces jam?

 

[Pumpkin Duke]

You know how coe works? Whether is $1 or 300k, the amount of coe on the Rd is the same... How does it reduces jam?

moi donch knoe butt if nose coe will definitely jam

 

[Elfblade]

Don't think it'll come down anytime soon.

 

[Mr Totoro 38]

Don't think it'll come down anytime soon.

Confirm + guarantee + chop = WILL NOT COME DOWN ALREADY....!!!

Ppl will still buy coz they are "mute" to such pricing...

 

[Tschuus]

You know how coe works? Whether is $1 or 300k, the amount of coe on the Rd is the same... How does it reduces jam?

True but who gets your 1$ COE ? Dont tell me stories about who “need” a car more. Nobody needs a car in singapore . It is just convenience.

 

[sizzy6]

1m hdb lokely to be normal too

$5 chicken rice and $10 mcdonalds meal

 

[cet87]

Confirm + guarantee + chop = WILL NOT COME DOWN ALREADY....!!!

Ppl will still buy coz they are "mute" to such pricing...

like our HDB? once your neighbor sell 1 million, will you sell 500k?

 

[SecretAgent]

Pappy found the key to make more $$ out of coe high by selling to leasing companies

Leasing companies to grab drivers

They can profit tax the leasing companies, income tax the drivers corp tax on grab

They also create jobs along the way

If they sell coe to car owner, only one time sales per 10 years

Yup!

This is the main reason!

Get more people involved in the game.
More huge sums of money changed hands at every level of the society passing thru organisations and companies. The gov, they can imposed more regulations and thus tax and fine those not in line too.

COE to curb traffic congestion! This is totally not fullfilled and yet exorbitantly high!

 

[endlssorrow]

Nobody talk about it anymore, I think we are look forward to next milestone, 150K COE.

Knn
They didnt state how much how many quota private grab bid monthly

 

[andyhtc]

Convenience, fun, privacy, family, elderly, personal satisfaction. Driving your own car is one of the best and fun things in life. Especially for family, a lot of fun moments happen in the car. Driving to/from work, playing your music is damn relaxing and shiok. Anytime go JB. Anytime meet your friends for supper. A night ride out. Driving to different food places every weekend. The possibilities are endless. Only boring people who see car as a tool only will never understand.

I prefer taking a bus or MRT when I'm not in a hurry.

Driving always has this element of getting errand X to be accomplished in time Y.

Parking is usually a hassle in crowded areas.

 

[focus1974]

2 things changed the dynamics of the car market here:_
1) rental companies buying PHV Rental cars and PHV drivers buying their own PHV cars...
2) financial hub for rich people

the 1st one support the Cat A, the 2nd one support the Cat B

 

[zzangiefzz]

100k coe 1mil hdb, vote them if u enjoy

 

[pmetpmet]

100k coe 1mil hdb, vote them if u enjoy

Huat ah! I would vote PAP even if $2mil HDB and $500k COE

No more peasants on the road to piss me off

 

[MrHuatster]

Knn when will it come down to 50/60k? Many sexpert in car forum say ish 2025 wor

 

[quincyster]

$100K COE simply entry to car ownership. $150K by 2025 and $200K by 2026.
Up up and up.

 

[yyysss]

Knn when will it come down to 50/60k? Many sexpert in car forum say ish 2025 wor

I also wondered how come it rise so fast? Did we imported a big group of people with a lot of money to spend?