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Old 25-02-2015, 08:45 AM
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Originally Posted by Unregistered View Post
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!
Good call. COE prices will likely to rebound back. Bonus season is coming soon. Better buy now when COE prices is temporarily low. The new normal for Cat A COE should be between $65k - $80k. You got your new car at a bargain!
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