COE going downhill.

[xiaoken]

Leon Ho, procurement officer at Supercars Singapore, said: "From what I see, and from many experts I have spoken to, they feel that it should hover around S$70,000, not too much.

fug u understand. 70k for one piece of paper is not too much.

 

[standarture]

The government has stated already they want to force people to take public transport liao. They tried all means to reduce the numbers of cars.

 

[dustyRoom]

The quota for august has not been released right?

 

[ramlee]

Leon Ho, procurement officer at Supercars Singapore, said: "From what I see, and from many experts I have spoken to, they feel that it should hover around S$70,000, not too much.

fug u understand. 70k for one piece of paper is not too much.

Ok la, compared to $100k. 30% discount not enough?

 

[snap99]

Leon Ho, procurement officer at Supercars Singapore, said: "From what I see, and from many experts I have spoken to, they feel that it should hover around S$70,000, not too much.

fug u understand. 70k for one piece of paper is not too much.

Lol .... ******* ah bengs " experts" .....

 

[Lss]

Lol .... ******* ah bengs " experts" .....

Of course lar loan bigger they earn more isnt it

 

[Jwee85]

waiting for bike COE to drop back to $1

 

[ComPuiTer]

Its a trap! After that... up road tax and ERPs....you all wait and see

 

[hwmook]

Wait for LTA to announce more quota.
It's all in the pipeline. Sure drop.
imagine 1500 coe for every category.

Sure drop!

That's the normal quota, these few years is abnormal because of the gov did not do a good job of maintaining the car population on the roads then punish the people by cutting the quota drastically to get the numbers in line, a typical case of sleeping on the job.

 

[onegoal]

Certificate of Entitlement (COE) Quota for August to October 2014 | Press Room | Land Transport Authority

 

[onegoal]

The supply pipe line has increase abit.
price should drop by abit too.

Reason: if buyer cannot afford 60k coe. They will not buy. So I believe the drop will be another 3 to 5k.

55k coe is coming!

 

[onegoal]

Bidding start today. With LTA confirm news of more COE from August till October. Let's see what is the effects.

 

[geran76]

They should return full of the money of Coe upon expiration

 

[dustyRoom]

Should drop abit I hope cos even chery start to advertise liao

 

[SpinFire]

The supply pipe line has increase abit.
price should drop by abit too.

Reason: if buyer cannot afford 60k coe. They will not buy. So I believe the drop will be another 3 to 5k.

55k coe is coming!

Yeah, COE should drop below 60k, but not by much. Maybe $57-$58k

 

[b3n]

Sure go up many many buyers, all waiting to buy only

 

[SpinFire]

Sure go up many many buyers, all waiting to buy only

I visited a 2nd hand car dealer recently. He mentioned that 2nd hand car prices are holding up despite the drop in COE prices because of the 50% downpayment for car loans. This will benefit people who can afford to buy brand new cars.

 

[onegoal]

I visited a 2nd hand car dealer recently. He mentioned that 2nd hand car prices are holding up despite the drop in COE prices because of the 50% downpayment for car loans. This will benefit people who can afford to buy brand new cars.

If that's the case. Good to renew COE for 10years old car.

 

[dustyRoom]

If that's the case. Good to renew COE for 10years old car.

Need to factor in repair/maintenance costs

 

[onegoal]

If conditions is ok. Maybe it's not so bad.