Originally Posted by Unregistered

Don't be a fool. COE has already reached its lows and will resume higher. It will not go below $50k for sure. There is a lot of replacement demand. Supply higher will be matched by higher demand from replacement demand as well as demand from new buyers. More youngsters are earning more and they can afford to buy new cars. Just look at the number of young drivers on the road. Retirees are also getting richer so you see so many retirees buying new cars, some buy more expensive cars than they ever bought before to celebrate their retirement.