Quote:
Originally Posted by Unregistered
I don't have to change to a new car now as it is only 8 months old. Maybe when it reach its 3rd year, then I'll change. COE prices actually is not that high if you factor in inflation over the years. Also household income has doubled or tripled over the past 10 years or so if you are good at what you do. |
True enough, I am also reaching 55 soon. Many of my friends have accumulated sufficient retirement min sum, and will be cashing out when they hit 55. Many of them aspire to buy cars with the extra cash. With this trend, no wonder the
COE is going to remain high despite more quota expected to be released.