Quote:
Originally Posted by Unregistered
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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You tell me if yours or mine is more frustrating
I got my CatB Car recently with
Coe $76k.
Within 1 month, it's value drop by $10k - evaporated just like that.
I am even worried that it will drop another $20k with the tsunami of
COE Upcoming.
I should Not have listened to the car salesman in this forum.
Sianz man. Even more frustrating!!