Quote:
Originally Posted by Unregistered
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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Yes, you are right. Cars are truly affordable nowadays even at
COE $100k.
LTA should put negative growth rate so that the roads are clear for the elites to drive on the road.