Quote:
Originally Posted by Unregistered
With the rise in petrol duty, car buyers will go for Cat A cars as bigger Cat B cars consume more petrol. Cat A COE prices will rise higher in the next COE bidding.
Car owners would rather buy a new car than extending their COE because new cars are more fuel efficient. COE prices overall will rise in the next bidding and over the next 5 years. |
Haha, better dont listen to this car salesman advice
COE will continue to drop with massive supplies coming (easily 3x more by July 2015). More and more cars get deregistered, but only 75% of these owners buying new cars due to tighter loan constraint (no more 100% financing) and TDSR.
Heng ah!