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Old 09-01-2016, 09:45 AM
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Originally Posted by Unregistered View Post
I hope COE will crash to $2 by end 2016. If this really happens, then the price of a new car will be less than the paper value of my current car by end 2016. Since I have paid my current car in cash with no loan, I can just SCRAP my car, collect the paper value and buy a brand new car which should cost less than the paper value of my car. So I get a brand new car for "free" and I also get some profit.

Huat ah!!!!!!!! Please crash some more!!!!!!!!!!!!

With demand for new cars falling fast due to global economic uncertainty, stock market and property market crash and supply of COE rising fast, supply of COEs will exceed demand. So COE price should crash!

Huat ah!!!!!!!
On the contrary I am waiting for housing market to crash.

Waiting to pick up another 1 or 2 private properties

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