COE new low!!!
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Now <1600cc onli S$8k plus... can throng the showroom this weekend already
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more cars
more jam
more ERP gantries
yay! -
What about the other categories?
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is that a good sign?
will there be a rebound? -
Now that people are used to sub 10k COE, I think it's hard to move higher unless COE quota shrinks significantly later. I won't be surprised if it moves lower to 5-6k but that's about the lowest I believe it can go...
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I am waiting for it to hit 5k
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lesser ppl bidding for COE....those who wan to get new cars, got liao.
now left with those who are changing cars... -
COE prices hit $50 before you know...Originally posted by CarDreamer:I am waiting for it to hit 5k -
wait till election is finished....and see how much double, triple those car owner have to foot.
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true.., think the government not stupid..
lower the coe to make more ppl buy cars now..
once the election over... we shall see the increase in erp gantries and all.. then those who have cars will be complaining even more..... -
Like what people say... more cars = more jams = more erp = more accident = happy insurance = happy LTA(Road Tax)
Siaoz liao... like that more jams...harder to find parking lot in hot zones... hrmm.. stick to MRT better... no jam halfway through unless breakdown.
Now pple buy car... later after election, says parking fee increase...oil tax increase...erp rates double... additional 20 gantry point...road tax increase 50%... lolz.. in the end.. gah ment still win.
Then add in 1 more rule say fuel guage no reach 95% no enter to JB for SG car.. lolz... its a win win situation for them. -
You forget to add.... more people in debt too.Originally posted by FireIce:more cars
more jam
more ERP gantries
yay! -
haiz...COE dropped becoz of fuel/petrol prices's rising..
Petrol prices will continue to rise tremendously if the simi UN will to impose the dunno simi nuclear restriction rules on Iraq(Or which country, not too sure)... -
you do know that the government wants this? its a stragtegy to make sur ethe pple work hard for themOriginally posted by Praetorian111:You forget to add.... more people in debt too.
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buy before elections!!!! chiong ah!!!
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lol
now you guys say becoz election so COE low
last time say demand supply
i bet after election COE will still drop..dunno wad will the speculation be then
haha
DId i mention few months ago COE will continue to drop?? its so apparent that the govt is controlling the rise of COE now
so you guys might ask how low will it drop...My ans will be...REAL REAL REAL low... $8 k COE is not low at all -
I agree with sunnyMAN. Next round will see a rise, perhaps back to $10K, due to two reasons :Originally posted by sunnyMAN:lol
now you guys say becoz election so COE low
last time say demand supply
i bet after election COE will still drop..dunno wad will the speculation be then
haha
DId i mention few months ago COE will continue to drop?? its so apparent that the govt is controlling the rise of COE now
so you guys might ask how low will it drop...My ans will be...REAL REAL REAL low... $8 k COE is not low at all
1. Three week break.
2. Fools rushing in.
After that, the downtrend will continue. Did anyone notice that even if the COE drops by maybe $2K or $3K, Borneo hardly adjust their price by that much? Infact, they adjust to just about half the drop of COE! Almost all their major models are Thai made now, which means technically they should be a lot cheaper. But that doesn't seem to be the case. Someone told me that they make about $12K per car sold!!! Thats a bl00dy rip-off! Time to boycott Toyota!! -
VW make $36k on each GTi sold. shouldn't you start with them?Originally posted by DarthVdr:I agree with sunnyMAN. Next round will see a rise, perhaps back to $10K, due to two reasons :
1. Three week break.
2. Fools rushing in.
After that, the downtrend will continue. Did anyone notice that even if the COE drops by maybe $2K or $3K, Borneo hardly adjust their price by that much? Infact, they adjust to just about half the drop of COE! Almost all their major models are Thai made now, which means technically they should be a lot cheaper. But that doesn't seem to be the case. Someone told me that they make about $12K per car sold!!! Thats a bl00dy rip-off! Time to boycott Toyota!! -
It is a choice of the individual to purchase and own an asset. What I fear for is those in the lower income group. They starts to buy car that are unafforable prior to COE going downhill and end up unable to afford to service the loan repayment due to poor financial planning.Originally posted by hisoka:you do know that the government wants this? its a stragtegy to make sur ethe pple work hard for them -
yea.. next time.. ERP + oil.. will be the killer.. for drivers..
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The cheaper the COE, the lesser the rebate in future.
Of the cars i have changed, i have seen my COE diminishing liao..
from an initial $60k (which now can buy a car) to $36k, to now $12k.
the 60k i got a rebate of 40+k, the 36k i got 27k, the 12k... hmm... rebate will be small then. -
coe is jus the tip of an iceberg
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Borneo staffs at least can got 6 mths bonus for CNYOriginally posted by DarthVdr:I agree with sunnyMAN. Next round will see a rise, perhaps back to $10K, due to two reasons :
1. Three week break.
2. Fools rushing in.
After that, the downtrend will continue. Did anyone notice that even if the COE drops by maybe $2K or $3K, Borneo hardly adjust their price by that much? Infact, they adjust to just about half the drop of COE! Almost all their major models are Thai made now, which means technically they should be a lot cheaper. But that doesn't seem to be the case. Someone told me that they make about $12K per car sold!!! Thats a bl00dy rip-off! Time to boycott Toyota!! -
no matter how low it is still expensive.
dont fall further into the poverty trap.