COE prices will continue to go up. Those people who got retrenched can now buy a new car and set up their own business as private car hire drivers. Retirees can also do the same. Buy new car and use for business, family and leisure.

If you are waiting to buy new car, don't wait. COE will only rise higher. Buy your new car now.

Don't listen to the stupid guy who said COE will go down to $10k. It will not even touch $30k. The lowest it touched was $38k and that will be the lowest point for the next 20 years.