Quote:
Originally Posted by Unregistered
By 2019, I think COE prices will reach $150k at least. So, it is best to change to a new car now even if your car is not yet 10 years old. Those cars registered in 2009 should be sold now since COE in 2009 was very, very low and now these car still have good value. So, with demand coming from owners of cars which are 10 year old cars and younger as well as from new buyers wanting to avoid the expected spike in 2018-2020 due to the expected drought, demand for new cars will rise now. Those who bought their new cars recently are smart. Huat Ah! |
Don't talk about 2009 cars.... Even many of my colleagues who bought at very high
COE during 2012 and 2013 are already replacing their rides, as it is coming to 3 year old, which is the time whereby people change when warranty period is over. Moreover they will get a brand new ride with lower installment (due to $30k
COE savings)
The low
COE quota during 2012 and 2013 will be depleted further and we will see a sky rocket high
COE in 2022 and 2023 time. Better change now to a reliable ride if possible. Get a reliable Japanese car. For those who want luxury. Get a Lexus. It can last very long.