Salary.sg Forums - View Single Post - How much are you earning per annum?
View Single Post
  #5797 (permalink)  
Old 02-11-2014, 02:32 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
For us, we also wanted few years for COE to drop but it didn't. Now my car is coming to few months to scrap. Luckily I manage to bid $70k for my new car.. Looks like COE is heading north back to $80k and beyond as more buyers enter the market as their car scrap just like me....Huat ah.
We are thinking of getting a Cat A Korean car. Cat A COE is only $63k. Cat A Korean cars are good value for money. Korean cars today have very nice, sporty designs and are of good quality as they are made in Korea which is known for their high quality, high tech manufacturing.

COE prices will go higher for sure. 10 years ago, COE were at $20k. Salaries ten years ago is so much lower than now, so COE prices should also be higher. $60k COE today is actually cheap considering inflation over the past 10 years. $100k COE will the new normal.
Reply With Quote