How much are you earning per annum?

Don't listen to the IDIOT who said COE will go down to $30k. Now is your last chance to get a new car at this TEMPORARY low COE price. Many families already booked their new cars (some buying their second new car) with CONFIRMED COE. Dealers will have to bid high to secure the COEs. They may also have a lower profit margin as it is likely that COE prices will bounce back in the March bidding. Many people buying now even those young couples.

Many wolves here, be careful, they themselves bought coe at $75-80k, and are jealous that their piece of paper depreciates to 57k, and will soon drop to 30k. Hahaha

Just see in May when number of COE shoots up by 40%, coe price will drop to $40+ k, dont say i never tell you hor, every industry insiders know this, hahaha

Originally Posted by Unregistered

Don't listen to the IDIOT who said COE will go down to $30k. Now is your last chance to get a new car at this TEMPORARY low COE price. Many families already booked their new cars (some buying their second new car) with CONFIRMED COE. Dealers will have to bid high to secure the COEs. They may also have a lower profit margin as it is likely that COE prices will bounce back in the March bidding. Many people buying now even those young couples.

Heng ah, lucky never place order, coe price is showing a permanent trend of going south. It will not drop to $10k, but $30k is very probable by end pf this year. My honda city car COE expires next year Jun, so will catch the cheap coe by then

The real idiots are those who bought sky high coe prices, now trying to convince others to be idiots too, dont join that club!

Originally Posted by Unregistered

Don't listen to the IDIOT who said COE will go down to $30k. Now is your last chance to get a new car at this TEMPORARY low COE price. Many families already booked their new cars (some buying their second new car) with CONFIRMED COE. Dealers will have to bid high to secure the COEs. They may also have a lower profit margin as it is likely that COE prices will bounce back in the March bidding. Many people buying now even those young couples.

Comm'on. It's those idiots who keep convincing people to continue to hang on to their expiring rides until the COE drop. Worse still, ask those people to buy high depreciation 8-10 years old car to wait.

If the government decide to clawback 40% of the annual quota (100,000 each year), and the COE shoot back to the roof. Won't those people who have been cheated to wait and wait, and they will find themselves waiting for nothing. So, it's better to grab a new car now at the temporary low COE price.

Remember, government can change policy anytime one. just like they implement petrol tax. Look at how swift it was done.

if 100k number of coe is all released this year, the coe will drop to 10-20k

if 60k number of coe is released this year, the coe will drop to 30k

if 20k number of coe is released this year ( maintaining feb-apr15 quota), the coe will maintain 55-60k

if 10k number of coe is released this year similar like last year, the coe will spike to 70k

dont be fooled by fear monger, coe will drop lower than current level soon

Originally Posted by Unregistered

Comm'on. It's those idiots who keep convincing people to continue to hang on to their expiring rides until the COE drop. Worse still, ask those people to buy high depreciation 8-10 years old car to wait.

If the government decide to clawback 40% of the annual quota (100,000 each year), and the COE shoot back to the roof. Won't those people who have been cheated to wait and wait, and they will find themselves waiting for nothing. So, it's better to grab a new car now at the temporary low COE price.

Remember, government can change policy anytime one. just like they implement petrol tax. Look at how swift it was done.

Don't listen to the idiot.

Read this professional analysis.

h t t p : / / w w w. autosinsight.com/industry-trend-analysis-coe-prices-will-remain-elevated-jan-2015

Buy your new car now while the COE is temporarily low.

Originally Posted by Unregistered

Don't listen to the idiot.

Read this professional analysis.

h t t p : / / w w w. autosinsight.com/industry-trend-analysis-coe-prices-will-remain-elevated-jan-2015

Buy your new car now while the COE is temporarily low.

Thanks. This is a much more reliable analysis.

almost all car buyers are idiots.

Just that if one buys a COE at a higher price, one is a greater idiot.

Think about it, an item that has a running cost of $1.5k. How much is that?
Well, that's more than what you get every month when you leave 161k in your cpf after 55.

Who is not an idiot? People who find better ways to use 1.5k every month.

If you like milk, doesn't mean you need to buy a cow.
If you like travelling in a car, does not mean you need to buy a car - taxis, rental cars , car pooling are possibilities.

Lol, you all are very funny. Told you already, if you have to sacrifice something else (especially your retirement) to buy a car, don't buy. It means you cannot afford it.

Singapore is a small city well served by public transportation. So most people don't really need to own cars.

Somehow, the roads seem quieter and nicer to drive on this week. Is it because people are still on holidays or they have scrapped their cars and haven't gotten their new cars?

Originally Posted by Unregistered

almost all car buyers are idiots.

Just that if one buys a COE at a higher price, one is a greater idiot.

Think about it, an item that has a running cost of $1.5k. How much is that?
Well, that's more than what you get every month when you leave 161k in your cpf after 55.

Who is not an idiot? People who find better ways to use 1.5k every month.

If you like milk, doesn't mean you need to buy a cow.
If you like travelling in a car, does not mean you need to buy a car - taxis, rental cars , car pooling are possibilities.