Quote:
Originally Posted by aplover
If coe prices would hit it's low, it would be between 2016 and 2017 when the bulk of deregistrations take place. There after it is only up n up.
Govn has made it clear that a car light country is what it wants so it would eventually start to reduce vehicle population or keep it stagnant. Even if it keeps vehicle growth stagnant, because the population will keep growing with generally more middle class and higher, there will be more people who can afford cats so coe prices would go up still.
My opinion is anything at the 30k plus coe value is too good to miss already
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Looks like 2016-2017 is the last chance to own a new car.
After 2018 the quota will shrink rapidly and
COE will shoot to $200k. No wonder I saw a report forecasting that high
COE.
I better convince my wife to get my dream Altis soon.