Haha that why I say 30k
coe price is the new normal for 60,000
COE release.
If all of the 100k
COE are released, the price of the
COE will drop down to 10k only.
Those who bought cars in 2005-2006 paid for 10k
COE prices when 100k number of
COE flooded the market.
Quote:
Originally Posted by Unregistered
The garment will keep the excess quota before we even have a chance to reach the peak cycle.
those who have been waiting and waiting for the COE to drop will be in for a rude shock. They will be amongst the 100,000 cars who are deregistering, but garment only release back 60,000, and keeping 40,000 for the famine years. This will cause panic buying again, and COE will rise back. That's my crystal ball says. I am not going to take risk to wait, and in fact, I have booked my new Altis for $99k. It will probably take a long time to reach back this pricing! |