From ST news:
Cheapest COEs in 5 years draw shoppers, but premiums expected to rebound with demand
Customers flocked to car showrooms over the weekend following the latest drop in certificate of entitlement (
COE) premiums.
Dealers said prices of cars up to 1,600cc and 130bhp were around $5,000 less after
COE premiums fell to their lowest level in nearly five years on Wednesday at $45,002. But they expect prices to rebound as soon as the next round of bidding.
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Buy now before
COE shoots up back!
Best is to buy with guaranteed
COE
Buy within your means. Don't need to buy expensive models if you're not rich. Buy in cash, don't take any loan. Buy those models costing less than $90k. So very cheap!