Cat A may drop to $20k level in 2015. Cat B may drop to $25k level.
All the engineers will be very happy to be able to renew their COEs for another 10 years, they bought their cars very cheap in 2005 and 2006.
The bankers can buy new cars for each of their family members - one for wife, one for son, one for daughter, one for old father, and one for the maid to go shopping.
Quote:
Originally Posted by Unregistered
Here is good news for all the budget conscious engineers
Property market is falling
Stock market is falling
COE supply shooting to the roof
Next year and in 2016, COE price will crash
Engineers, you can then happily renew the COE for your 10 year old car
No need to buy new car because you engineers can repair your old car yourselves since you are so smart
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