How much are you earning per annum?

Originally Posted by Unregistered

COE would drop to this low if

1. There is economic crisis. Then people will be worrying more about jobs and livelihood than cars
2. everyone "gang up" and all dont replace their cars after scrapping. Not likely to happen since everyone here seems to be hoping for COE to drop to rush in.
3. the gahmen implement new policy to require full payment upon buying. That is, no loans allowed!
4. Each family only 1 car allowed. This may not be as effective as there are ways to get around this, and many families currently with no cars will come in to buy
5. The gahmen raise car levies by another 100% and shorten the COE by 5 years!

You hv tongue ulcer? Can't pronounce government or govt?

You "suaku" issit? "Gahmen" is well known web lingo for govt. Even the gahmen uses it

See here: ://mothership.sg/2015/01/spore-government-twitter-account-gets-called-out-for-masquerading-as-one-of-its-citizens/

Originally Posted by Unregistered

You hv tongue ulcer? Can't pronounce government or govt?

Originally Posted by Unregistered

You hv tongue ulcer? Can't pronounce government or govt?

he got sth long and thick in his mouth

Now only 2.10pm Cat A COE already $60k.

I told you prices will surely go higher!

Huat Ah!!!!!!!!!

Latest at 3.47pm

Cat A $67,501

Cat B $75,890

Cat E $76,502

Huat Ah !!!!!!!

I told you so ..... LOL ....

Those who listened to my insights and bought earlier are now all smiling ... :-)

I am still praying for my $30k COE by mid 2016... Patience is key

Originally Posted by Unregistered

I am still praying for my $30k COE by mid 2016... Patience is key

Everyone else is also praying for $30K COE in mid 2016. Good luck!

Final result

Cat A $67,749

Cat B $76,612

Cat E $78,000

Huat Ah !!!!!

I predict prices will only go higher and higher.

Just look at the demand for Cat A. Demand was 2,340. So even if COE is 1,300 in the next 3 months, demand is still way higher than supply. So prices will need to go higher. This is the new normal. Remember, you cannot only look at supply. Look at demand as well and demand is high due to replacement demand, higher household income, higher property market, higher stock market, families are buying 2, 3 or 4 cars as father, mother, son, daughter all need to have their own car as they all earn high income of at least $100k pa each.

NEW cars are status symbols in Singapore.

In the past, 10 years ago, COE can be as low as $5k - $10k and hence if you buy a new car, it is no big deal. People don't take notice. Today, if you buy a new car, then it is something people will take notice. So, it is therefore not surprising to see why demand for NEW cars is very, very high. New cars today are status symbol which signifies that you have made it in life.

If you drive an old car, esp those COE cars (even those old conti cars), people don't take notice. It is better to drive a new Japanese or Korean car with all the latest technologies and lower fuel consumption than to buy the old model conti cars which have old technologies and high fuel consumption.

In Singapore, where FACE is very important, people will all want new things - new cars, new condos, everything new.

So, we can expect COE prices to go higher.

Cars are luxury goods so buy only if you can afford. If you can't then take public transport and taxis.

Dear shameless car dealers, pls leave this thread.

You are "out of point" in this thread..

Go set up your own thread and talk among yourselves for all you want....