My car dealer friend tells me that
Feb-Apr
COE qouta up 40%,
Coe price drop 10k
May-Jul
COE qouta will up 40%,
Coe price will drop 10k
Aug-Oct
COE qouta will up 40%,
Coe proce drop 10k
Nov-Jan
Coe qouta will up 20%,
COe price drop 5k.
Feb 2016 onwards,
coe hovers around 30k with small incemental increase in number of coes.
Many people who listened wrong advice and bought cars at ridiculuous high
coe prices in past few months now come to this forum and spread fear to impending car-buyers. Dont be fooled