[2007] Year 2007, my friend bought a brand new Mitsubishi Lancer for under 50k... now he asking can buy what brand new car with 50k? 🤔

[starry_starry_night]

Year 2007, my friend bought a brand new Mitsubishi Lancer for under 50k... now he wants to change to another new car...

He asking can buy what brand new car with 50k?

Tell your friend buy pmd sua

 

[PARKRANGER]

He can still buy Mitsubishi lancer la
No problem














But year 2007 one

 

[Hello_Kitty]

Year 2007, my friend bought a brand new Mitsubishi Lancer for under 50k... now he wants to change to another new car...

He asking can buy what brand new car with 50k?

what's HDB flat price in year 2007???

 

[PARKRANGER]

Who your friend vote for?
Ask him to get more people to vote for opposition. Things will get better.

How sure are u?

Don’t anyhow hor

 

[0218crawford]

cars are actually jus "smelly metal". Only sinkies pay the highest price in the world for it.
same $, can own a few carz in JB liaoz.

 

[dambio]

2007 COE crash, I remember it well, because the very next day I went to Kah Motor booked my FD.

Iirc got 1 time crashed to $1 if not wrong

Wun happen now n nv

 

[Gambler.]

About that period of time, edmw fav vios also only $40k thereabouts

 

[tingsters]

no 200k no talk la... if u want to buy a basic cat....

 

[batman_888]

Anything car but not on the road 1

 

[siaoliaolor]

50 k can buy left 2 year old car lol

the old thing that didnt hange much is season parking

if season pakring were to jump like COE , fu yoo ....

 

[starry_starry_night]

Iirc got 1 time crashed to $1 if not wrong

Wun happen now n nv

How come will crash until $1 ah? Really unbelievable leh

 

[dambio]

How come will crash until $1 ah? Really unbelievable leh

https://forums.hardwarezone.com.sg/threads/how-come-last-time-coe-can-go-for-1-ah.6695123/

U can go thru comments in tis thread. Various reasons given.

 

[wwenze]

Tell him be realistic?? Last time annual pay $50k car costs $50k, now annual pay $300k so car costs $300k wat

 

[starry_starry_night]

https://forums.hardwarezone.com.sg/threads/how-come-last-time-coe-can-go-for-1-ah.6695123/

U can go thru comments in tis thread. Various reasons given.

 

[CCCustom]

How come will crash until $1 ah? Really unbelievable leh

https://forums.hardwarezone.com.sg/threads/how-come-last-time-coe-can-go-for-1-ah.6695123/

U can go thru comments in tis thread. Various reasons given.

There’s really only 1 reason - Back then taxis were factored into the COE pool. A scientist by profession (I know him personally) took the effort to plot the rise and fall of COE prices over the years and established the pattern of crash happened once every 8+ years which coincided with when taxi companies refresh their fleet, and since there was no way taxis were going to have sky high COEs, that was when you should try for low bids.

The next crash was expected between 2014-2015 … in 2013 or 2014 they took taxis out of the COE pool. So the crash never happened again.

 

[tomsss]

2007 COE crashed. buy car super cheap

that kind of thing can never happen again. unless got another system cock up or mishap....

 

[zzangiefzz]

50k buy grab credit can use 10yrs

 

[d3fc0n]

mapping your career

十年磨一剑，2018 就是大杀四方的时机！

me no management. i prefer individual role

 

[dambio]

There’s really only 1 reason - Back then taxis were factored into the COE pool. A scientist by profession (I know him personally) took the effort to plot the rise and fall of COE prices over the years and established the pattern of crash happened once every 8+ years which coincided with when taxi companies refresh their fleet, and since there was no way taxis were going to have sky high COEs, that was when you should try for low bids.

The next crash was expected between 2014-2015 … in 2013 or 2014 they took taxis out of the COE pool. So the crash never happened again.

But now got phvs isn't it? Not counted in d pool now?

 

[4ever1]

Tell him be realistic?? Last time annual pay $50k car costs $50k, now annual pay $300k so car costs $300k wat

Don’t think got anyone earning 50k in 2007 and now earning 300k unless some super scale scorer