How much are you earning per annum?

Originally Posted by Unregistered

Yes, please decide on your color for the new luxury conti car. The Cat B will come down $30k sooner than you thought. Enjoy your car shopping experience

This is exciting. My wife and I will be getting our annual bonuses soon. Will keep the bonuses until the COE drops to $30k. We can then buy our dream luxury car, to be paid in full using this bonuses. No loan required.

Originally Posted by Unregistered

Like to drink milk, no need to buy cow.
Like car, no need to buy. Just use taxi, rent, car pool etc.

Why does anyone want to be saddled with an expensive depreciating asset?

Intellectually, I agree with you.
Emotionally, I love BMW

Originally Posted by Unregistered

Intellectually, I agree with you.
Emotionally, I love BMW

Me too
Bus MRT Walk
For me... Hehehe

Originally Posted by Unregistered

This is exciting. My wife and I will be getting our annual bonuses soon. Will keep the bonuses until the COE drops to $30k. We can then buy our dream luxury car, to be paid in full using this bonuses. No loan required.

I can only afford a Japanese car. Went to visit Borneo yesterday, Altis going for $99,999 with COE in mid $50k's.. thats in the good direction. I will wait for COE to drop to $30k. Which means I can buy a new Altis for around $70k! It's a massive savings compared to my friend who bought at $120k. Look forward to middle of the year when this happens!

Happy CNY to all bros and keep cool. Don't lose temper with the sliding COE premiums.

Originally Posted by Unregistered

I can only afford a Japanese car. Went to visit Borneo yesterday, Altis going for $99,999 with COE in mid $50k's.. thats in the good direction. I will wait for COE to drop to $30k. Which means I can buy a new Altis for around $70k! It's a massive savings compared to my friend who bought at $120k. Look forward to middle of the year when this happens!

Happy CNY to all bros and keep cool. Don't lose temper with the sliding COE premiums.

Yeah. Me too also waiting for $30k COE. Let's huat together. Huat ah!

Originally Posted by Unregistered

Yeah. Me too also waiting for $30k COE. Let's huat together. Huat ah!

I'll buy a new car if Cat A COE hit $40k. Honestly, I don't think it will ever reach $30k again. Many people are getting their annual bonuses soon. They will surely buy now.

Originally Posted by Unregistered

I'll buy a new car if Cat A COE hit $40k. Honestly, I don't think it will ever reach $30k again. Many people are getting their annual bonuses soon. They will surely buy now.

I will buy at $41k... Hehe

Seriously why is everyone expecting the COE premium to plunge this year? It will cause many negative impact if they allow it to swing from $90k to $40k within span of 2 years. It will cause another spiral of deregistration of high COE and we will end up Dejavu in the drought years again. I am sure our smart ministars won't be making the same mistake twice, for which if they do, they cannot claim they don't have 20/20 foresight again!!

Originally Posted by Unregistered

Seriously why is everyone expecting the COE premium to plunge this year? It will cause many negative impact if they allow it to swing from $90k to $40k within span of 2 years. It will cause another spiral of deregistration of high COE and we will end up Dejavu in the drought years again. I am sure our smart ministars won't be making the same mistake twice, for which if they do, they cannot claim they don't have 20/20 foresight again!!

The supply of COEs must be managed so that we don't have large fluctuations in COE prices. Those who got their COEs at $90k in 2013 will not be happy if it drop to $30k.

Haha. Many will be disappointed. COE prices will swing back up next bidding. However, I hope COE prices will drop, not because of huge supply, but because people wise up and refrain from buying cars. The roads are terribly congested and car parks are full.

MCSTs are scratching their heads allocating lots to owners with multiple cars, roads in private estates are clogged up reducing 2 lanes to single lanes.

Don't know about HDB car parks, but I can imagine it is also bad. Long long ago when I was staying in HDB, I was allocated a lot far away in another block for my family's second car.

Originally Posted by Unregistered

Seriously why is everyone expecting the COE premium to plunge this year? It will cause many negative impact if they allow it to swing from $90k to $40k within span of 2 years. It will cause another spiral of deregistration of high COE and we will end up Dejavu in the drought years again. I am sure our smart ministars won't be making the same mistake twice, for which if they do, they cannot claim they don't have 20/20 foresight again!!