Hi folks,

Today is the last day for the Singapore motor show 2015. Better go and book your new car now before it is too late.

I expect COE prices to continue its upward trend in line with the demand for new cars. Demand is expected to be greater than the supply for COEs. There are many people who are waiting for COE prices to drop so the more people wait the greater the demand will be when they finally have to buy the new car. Don't wait for the last minute rush to buy your new car. Avoid the period of panic buying when people see prices will only go higher and higher.

Good luck in buying your new car now. Don't need to buy expensive car models. Just buy a simple $100k - $120k car and pay in cash. Don't need to take any car loan as you have to pay lots of interest. Just remember a car is a depreciating asset and just a piece of junk metal after 10 years.