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Old 13-12-2014, 12:12 PM
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Originally Posted by Unregistered View Post
Go and read the Straits times car advertisements this weekend. All models cutting their prices. How can COE continue to go up? Don't be a fool.
Cutting prices doesn't mean COE price will drop. It just means they want to sell more to meet quota. Also since there are more COEs they can afford to reduce their big fat margin since their profit will still be the same or more. Don't be a stupid fool.

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