if 100k number of
coe is all released this year, the
coe will drop to 10-20k
if 60k number of
coe is released this year, the
coe will drop to 30k
if 20k number of
coe is released this year ( maintaining feb-apr15 quota), the
coe will maintain 55-60k
if 10k number of
coe is released this year similar like last year, the
coe will spike to 70k
dont be fooled by fear monger,
coe will drop lower than current level soon
Quote:
Originally Posted by Unregistered
Comm'on. It's those idiots who keep convincing people to continue to hang on to their expiring rides until the COE drop. Worse still, ask those people to buy high depreciation 8-10 years old car to wait.
If the government decide to clawback 40% of the annual quota (100,000 each year), and the COE shoot back to the roof. Won't those people who have been cheated to wait and wait, and they will find themselves waiting for nothing. So, it's better to grab a new car now at the temporary low COE price.
Remember, government can change policy anytime one. just like they implement petrol tax. Look at how swift it was done. |