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Old 17-02-2015, 07:17 PM
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My car dealer friend says wait til July where COE supply is to be doubled from current level.

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Originally Posted by Unregistered View Post
It is frustrating. Tell you why.

For those who booked their cars already, most likely the COE rebate is pegged at $55K or less. So even at present COE of $57K, you wont get any discount from your dealer.

For those wishing to enter now, the dealer cannot guarantee you the COE at $57k or lower for the next few biddings. They will probably set the new COE rebate at $50k or lower. After CNY, the COE will likely creep up again. Then after a few rounds of bidding, the dealer will tell you to top up if not, they let the contract lapse after 6 biddings.

The above is my experience. And it is with a established dealer for a top brand car. End up I lost 2 precious months waiting and in between had to scrap my 10 yr old car. No car for a while. Damn frustrating.

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