Quote:
Originally Posted by Unregistered
Many will not be able to afford with the high coe and 50% downpayment rule, after scrapping, many will buy cheaper old resale car, hence, demand for new cars may drop, hence coe likely will drop too... |
Yes totally agree.
COE will be downward trend with the tsunami of supply.
Buyers will be spoilt for choice with next few quarters of 20-40% quota increment.
Huat ah!