COE going downhill.

onegoal

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Car dealers told me to hold and wait.
He say will drop further. I really hope it does.
my car is nearly the 10 year. .
 

booest

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i don't think COE will drop to levels like 20-40k very soon.
There are tonnes of back orders from what i know.... maybe the lower end cars will lower faster since the backorders mostly lux cars
 

Cress_knightness

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Don't think many can afford even if COE becomes 10k.
Especially those that buy with zero downpayment last time and pay
for 10 years.
Most probably won't be able to fork out the 50% downpayment.:o
 

onegoal

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Dropping. This is just the start.
It might renounce. But above $70000 level is not easy anymore.

Those who can wait, please wait. :)
 

onegoal

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May 2014 2nd bidding is closing soon.
Please don't buy car if you can wait.
Or you could regret in 12 months time.

Price may rise or hold. But it cannot hold for long!
 

onegoal

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1 hour more to closing of COE bidding.
Higher or lower????
 
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