Quote:
Originally Posted by Unregistered
For the 2nd April COE bidding starting tomorrow, here's my prediction:
Cat A COE $70k
Cat B COE $82k
If you go to new car showrooms this weekend, you can see big crowds buying to change to new cars. Those who have scrapped their cars and those owning cars more than 5 years old will also want to buy new cars as we can expect the COE for Cat A in 2018-2019 can possibly go to $100k or higher since we don't have any clawbacks now. |
COEs prices are crashing soon, that is what
LTA is hinting to us in the press release. In the next 4 years, more than 100k number of COEs are going to flood the market each year. The massive supply will meet the demand at a lower price.
://.
lta.gov.sg/data/apps/news/press/2015/20150416_Motor_veh_pop_Age_Profile_AnnexB.pdf