If you would like to own a $100k car and need $50k cash downpayment, you could do the following:

1. Save $10k a year over 5 years. You can easily save $10k a year from your combined bonuses (working couple). You can also review your sinful spendings on gambling, drinking, womanizing and stop all these sins.

2. Flip your BTO flat after MOP. If you bought your BTO flat for $200k and now sell it at $450k, you make a big profit of $250k. You can use $50k for the downpayment.

So, it is not difficult to get a cash downpayment needed to buy a new car. Now COE is still cheap. Likely to go to $100k or more in 2019 when there is a drought of COEs. Grab your new car now. Go for guaranteed COE!