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Old 04-11-2014, 07:54 AM
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Luckily I bought my new Lexus before the next mad rush. Many of my colleagues also committed their new buys as they cannot wait anymore. They felt cheated when government keep asking them to wait at sideline while watching the COE premium keep climbing.
I'm sure your colleagues can afford to change to a brand new car as most of them would be earning more than $300k pa. If their wives also earn more than $300k pa, their household income would be more than $600k pa. So what is a $100k car? They can simply buy in cash just by using their combined bonus. They can actually change to a new model every year if they wish to. Cars are cheap relative to income of most professionals.

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