COE going downhill.

[plasticpistola]

5 yr max loan is no big deal if you only loan 50% of the amount.

it's the buey song-ness of paying the gov $70k for the COE

 

[TopGun]

but sometimes it's the buey song-ness of paying the gov $70k for the COE

Is not sometimes. Its all the time.

 

[SpinFire]

Think max COE drop to $55k only... High scrap rate also means higher demand. PAP will still continue to get big bucks from COEs

 

[plasticpistola]

Is not sometimes. Its all the time.

edited

that's really the reason why i'm not thinking of getting a new car when mine gets scrapped this year leh.

imagine handing over $70k cold hard cash to the gov to drive a car for 10 years......

 

[purplewave]

woot, i copy and paste the link and i got this!

*** No renderer found for com.coremedia.starterkit.cae.contentbeans.impl.PageImpl$$@7261e8e8 ***

 

[onegoal]

http://www.channelnewsasia.com/mobile/singapore/more-coes-for-february-to/1589238.html

Sent from GAGT Android App

 

[onegoal]

Huat Ar. ... to those planning to buy car.

Sent from GAGT Android App

 

[Jwee85]

yup.....tomorrow going down to motorshow to look see look see.
if got good deals, i will buy a car....hope the abundant COE will mean cheaper cars prices.

 

[onegoal]

yup.....tomorrow going down to motorshow to look see look see.
if got good deals, i will buy a car....hope the abundant COE will mean cheaper cars prices.

Buy cam an spyer lah.

Sent from GAGT Android App

 

[TingHa]

I don't even think it will drop. Instead it is an advertisement to get car owner want to be to buy thus increasing COE price to the roof and even higher.

Sent from LGE NEXUS 5 using GAGT

 

[Jwee85]

very excited...COE going to crash.....soon.
Ample quota supply........

now concentrate on Cat.A....ample quota released.....potential crash to $1 tomorrow 3:59pm.

Gave up on motorcycle Cat.D, as its quota is cut 10%, so sure to shoot up...no point chasing it.

 

[onegoal]

Motor show just over. I wonder how many sign up. It may hold the price for now.

Sent from Samsung SM-N910G using GAGT

 

[matrix05]

tiagong COE prices drop won't affect the 2nd hand car prices rite?

cos the dealers smelly smelly dowan to chop their prices si boh?

Totally correct. 2nd hand will only drop when they remove the 50% downpayment. Once DP is removed, everyone buy new car, nobody buy old car.

 

[onegoal]

Category A got 705 COE. This is almost 3 times more compared to 1.5 years ago. This quota will keep increasing and keep increasing until 2000 plus. It's like stock market. Buying queue lesser. Selling queue more and more. Price will go down hill. The longer you wait, the lower it will go.

Sent from Samsung SM-N910G using GAGT

 

[onegoal]

Base on 705 COE. It also mean 705 cars will enter the 2nd hand market or deregister. The 2nd hand market will be flooded with more and more and more and more more 2nd, 3rd, 4th hand cars. Dealer will be pressured to sell lower and lower. So I can tell you. 2nd hand car will be going cheaper and cheaper. Just play the waiting game if you can wait. The longer you wait the cheaper it goes!

Sent from Samsung SM-N910G using GAGT

 

[buttbERry]

coe still high

and the road still congested

 

[Jwee85]

Any is bidding for COE today?

 

[dustyRoom]

not even 3.15pm and Cat A is almost hitting 60k! huat ah!

 

[Jwee85]

i think the dealers will engineer a $5,000 drop in all category............so as to create a new demand in the showroom this weekends......to fill up those extra COEs released for feb.

Lets see.

 

[gtwace]

Many ppl want new car for new year mah