Deckbuild 6th Gear February 12, 2012 Share February 12, 2012 What a high mark up on the body. http://www.sgcarmart.com/used_cars/info.ph...847&DL=1038 ↡ Advertisement Link to post Share on other sites More sharing options...
Kungming 1st Gear February 12, 2012 Share February 12, 2012 Need a lot of courage to buy it man. Upz for the carrot! Link to post Share on other sites More sharing options...
Deckbuild 6th Gear February 12, 2012 Author Share February 12, 2012 Need a lot of courage to buy it man. Upz for the carrot! Ask for a $15k discount. Link to post Share on other sites More sharing options...
Antlau 1st Gear February 12, 2012 Share February 12, 2012 if not desperate, at the most, it is worth $30k. Link to post Share on other sites More sharing options...
Yewheng Twincharged February 12, 2012 Share February 12, 2012 Bo bian with so high COE now. Those that buy when COE is super low will benifit the most if they were to sell their cars now. Link to post Share on other sites More sharing options...
Atlantis80 1st Gear February 12, 2012 Share February 12, 2012 No point paying current market prices for such low paper value cars Link to post Share on other sites More sharing options...
13177 Supersonic February 12, 2012 Share February 12, 2012 Dont think only one car which $2 COE can sell such a crazy price. I saw there are a few $2 COE also selling such a cazy price. I really think only fools will buy these cars! Link to post Share on other sites More sharing options...
Adrianlim13 2nd Gear February 12, 2012 Share February 12, 2012 (edited) actually no difference what.. ( not refering to this swift though) . Nowadays, dealers take in cars at 'market' value, or ok slightly less as they need to make a profit. NO one NOW will trade in their car at paper price+body. In addition, should the car declared in a total loss situation, insurers will also compensate based on market value, so whats the difference ? COE is just a tax to govt. IMO, one should look at annual depreciation (till scrap) rather then anything else now. Edited February 12, 2012 by Adrianlim13 Link to post Share on other sites More sharing options...
Cheesepiekia 5th Gear February 12, 2012 Share February 12, 2012 Not just the COE is $2, this car already have 2 owners before. Link to post Share on other sites More sharing options...
Atlantis80 1st Gear February 12, 2012 Share February 12, 2012 actually no difference what.. ( not refering to this swift though) . Nowadays, dealers take in cars at 'market' value, or ok slightly less as they need to make a profit. NO one NOW will trade in their car at paper price+body. In addition, should the car declared in a total loss situation, insurers will also compensate based on market value, so whats the difference ? COE is just a tax to govt. IMO, one should look at annual depreciation (till scrap) rather then anything else now. But what happens if the COE suddenly were to come crashing down? Those who bought low paper value cars at high market prices during peak periods will lose out. Link to post Share on other sites More sharing options...
Jamesc Hypersonic February 12, 2012 Share February 12, 2012 Dont think only one car which $2 COE can sell such a crazy price. I saw there are a few $2 COE also selling such a cazy price. I really think only fools will buy these cars! Thats ok the, there is one born every minute. Link to post Share on other sites More sharing options...
Adrianlim13 2nd Gear February 12, 2012 Share February 12, 2012 technically speaking yes. but in reality, do you think there will be low coe ? Even if 2013,14,15 got a lot of scrap, most of these car owners will purchase again hence its sort of like a equalization. of course anything can happen Link to post Share on other sites More sharing options...
Nf0rc3r 1st Gear February 12, 2012 Share February 12, 2012 It makes no diff if buyer wants to drive till 10 years. Link to post Share on other sites More sharing options...
Adrianlim13 2nd Gear February 12, 2012 Share February 12, 2012 (edited) Singapore or in fact globally, nothing will be cheap anymore. Things used to be cheap because india,china were not so well developed. Developed countries then could take advantage. Taking China as a example. When China first opened up, MNC flock in to take advantage of cheap labour,materials. Things can be produced at a cheaper price. Fast forward today, salaries are much higher,commodities cost much more. people with lots of of new found wealth. Tell me, how can things be cheap ? Its a fact. Even if we face a slow down or whatever u call it, it will rebound….fast and remember, the next peak is always higher then the previous peak. Proven fact. (and that includes coe..haha) Edited February 12, 2012 by Adrianlim13 Link to post Share on other sites More sharing options...
13177 Supersonic February 12, 2012 Share February 12, 2012 technically speaking yes. but in reality, do you think there will be low coe ? Even if 2013,14,15 got a lot of scrap, most of these car owners will purchase again hence its sort of like a equalization. of course anything can happen Link to post Share on other sites More sharing options...
Mllcg 3rd Gear February 12, 2012 Share February 12, 2012 drive till 10 years and the COE wont matter Link to post Share on other sites More sharing options...
Stiener 1st Gear February 12, 2012 Share February 12, 2012 Someone will buy the car for sure. Willing buyer and willing seller...at the right price and that is subjective. Link to post Share on other sites More sharing options...
Zxcvb Turbocharged February 12, 2012 Share February 12, 2012 If buyer intends to drive till the end of COE lifespan, then it doesn't matter really. ↡ Advertisement Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
COE Bidding - March 2024
COE Bidding - March 2024
Used Car Dealers Feedback (Part 2)!
Used Car Dealers Feedback (Part 2)!
Cars at Expo - Apr 2024
Cars at Expo - Apr 2024
Xiaomi EV is Coming
Xiaomi EV is Coming
Best way to sell car (aka highest price)
Best way to sell car (aka highest price)
Singapore ‘open to’ idea of one-off rise in vehicle population
Singapore ‘open to’ idea of one-off rise in vehicle population
More MRT Lines Announced
More MRT Lines Announced
New car discount/price/promo
New car discount/price/promo