Quote:
Originally Posted by Unregistered
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 |
It's not spread fear la. It's spread advise to people to stop waiting and just go ahead and buy before the government reduce the quota and close the tap. Prices will escalate when it happens later. Then people would have waited for nothing.