Quote:
Originally Posted by Unregistered
In Jan 2013, Cat A and Cat B COE was in the $90k+ range. Now in Nov 2014 (2nd bidding), Cat A is about $68k and Cat B is about $70k. So today's COE prices still considered cheap in comparison. COE prices still have room to rise by $20k+ from today's prices to reach back to the $90k+ range. You will witness prices continue to rise. By end 2015, Cat A will reach $85k while Cat B will reach $95k AT LEAST. If you need to change your car, best is to buy now.
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I felt cheated now. Government said that next year there will be a bumper crop of
COE. However, they never tell us that there will be a bumper side if demand as well since those people who de-register will need to replace their car. I think I cannot wait anymore. Better grab the
COE at current price to avoid paying $90k in next year.
Thanks to Mr Unregistered advise!