Originally posted by Troy437:Just asking if I am correct.
COE drop but car prices did not drop according to COE drop.
Cat A COE drop $6200, but car price nv drop around $6000.
Instead it dropped less than $3000.
Thats means it marked up the car price so that they earn the diff of $2000 to $3000.
Am I correct?
no u r wrong... car dealers will anticipate a rise in coe the next round of bidding... so if they lower the price according to the drop in coe after the latest round of bidding.... they will lose money like siao after the next round of bidding where the prices will go up... so they leave a diff of 2000 to 3000 as buffer....Originally posted by Troy437:Just asking if I am correct.
COE drop but car prices did not drop according to COE drop.
Cat A COE drop $6200, but car price nv drop around $6000.
Instead it dropped less than $3000.
Thats means it marked up the car price so that they earn the diff of $2000 to $3000.
Am I correct?
Is it?Originally posted by Troy437:Just asking if I am correct.
COE drop but car prices did not drop according to COE drop.
Cat A COE drop $6200, but car price nv drop around $6000.
Instead it dropped less than $3000.
Thats means it marked up the car price so that they earn the diff of $2000 to $3000.
Am I correct?
Originally posted by dork3d:so cheap??
Is it?
Me bought a Toyota Vios 1.5 Auto with guaranteed COE at $37k leh... Usual before the COE was $49k... And me getting my new car on 03 March...![]()
Yes but the rebate is to protect the AD/PI only. It's still disadvantage to buyer.Originally posted by sir_boris:car prices is based on future coe, not present or past coe price.
gov or bank? u got lobang loan money from gov? share leh.Originally posted by Joshua1975:looks like all forget about tax???
the car "prices" in SG = car itself + TAX + COE. hellooooo.
**you "buy" car in SG but never really own it, you just renting it from GOV for 10 years.
wake up your idea. the COE pay to who? the tax pay to who? you loan to pay GOV and can oni drive for 10 years. after that either you renew COE or say bye to your so call car. isn't it rent for 10 years from GOV????Originally posted by ecac:gov or bank? u got lobang loan money from gov? share leh.![]()
Dont apply to everyone, my friend keep his cars even COE expire, so his house is just like showoom, few cars sitting in the garden just for show.Originally posted by Joshua1975:wake up your idea. the COE pay to who? the tax pay to who? you loan to pay GOV and can oni drive for 10 years. after that either you renew COE or say bye to your so call car. isn't it rent for 10 years from GOV????
find yourself a corner... stay there, wait....