Gaolow 4th Gear February 17, 2017 Share February 17, 2017 Good news for OPC? ↡ Advertisement Link to post Share on other sites More sharing options...
merc280v6 6th Gear February 17, 2017 Share February 17, 2017 Since when coe system beneficial to buyers? Lol.Actually, it all depends on where one stands in the social demography - re one's reaction to such letters to the press and the garmen policies that impact the cost of car ownership. The top 20% elites down to middle-class Singapore (households with NO LESS than $500K pa income) will want: 1) to be able to own more cars per household 2) LTA to keep major roads decongested, with COE quota releases depleting over time (to correct a previous 'wrong'), multiple ERP gantries, exhorbitant ERP charges, steep hike in season and overnight parking fees 3) COE prices to remain high, to keep car ownership out of reach of the clamouring masses If anyone does not share all 3 above desires, they would obviously fall on the "Other" side. They are the ones that comprain most in MCF, lobbying and hoping for COE prices to soften (and for some, even to crash), for garmen to recycle back ALL deregs COEs (rather stoopid imho), so that they and more can get to own cheap cars and congest our roads Link to post Share on other sites More sharing options...
merc280v6 6th Gear February 17, 2017 Share February 17, 2017 (edited) Higher OPC to 30K? actually it is a good news for low income families, cars maybe affordable if only use in OPC.Back to the days where we'd see OPC luxury and sports cars registered! Edited February 17, 2017 by merc280v6 Link to post Share on other sites More sharing options...
Char 5th Gear February 17, 2017 Share February 17, 2017 What the first class policy we have ah ? Suddenly postponing the bidding and causing uncertain and speculation! Buyers and sellers also headache ... just imagine if the policy favour towards government ( higher COE ) ... those AD like Altis gtd COE with $99988 sure lose money .... conversely , if favour towards buyer and those already signed on the dotted line one can just hit the wall ! Buy car also so stressssss ... Link to post Share on other sites More sharing options...
Tianmo Hypersonic February 17, 2017 Share February 17, 2017 Yeah same as what happened the last round when cevs got reduced when buyers rushed to get their car before cevs reduction. After the cevs reduction kicks in coe go back down again. Pay the same price but get more parf. are you very sure of what happened in 2015? what was the CEVS reduction? Did it affect everyone buying or just a small handful of ppl? Are you sure after the revise buyers get more parf? And what was COE trading for the whole year of 2015? Link to post Share on other sites More sharing options...
synthez 2nd Gear February 17, 2017 Share February 17, 2017 Argh!! Just when I predict a gradual down slide was going to happen!...... Dunno what to do now? Commit or ....... Link to post Share on other sites More sharing options...
merc280v6 6th Gear February 17, 2017 Share February 17, 2017 My guess: 1) CEVs changes 2) up petrol/diesel tax 3) up ERP rates 4) ease car loan 5) PARF changes 6) U/G categorized like taxi 7) reduce COE quotas cos (6) 8) ADs/PIs not allowed to bid COEs 9) 5 - 8 to take effect after current quarterly COE quotas SIC/GLC ... Huat Ah!!! Bottom line ... COE price will strengthen with these props! I like Link to post Share on other sites More sharing options...
Toyopet 1st Gear February 17, 2017 Share February 17, 2017 Actually, it all depends on where one stands in the social demography - re one's reaction to such letters to the press and the garmen policies that impact the cost of car ownership. The top 20% elites down to middle-class Singapore (households with NO LESS than $500K pa income) will want: 1) to be able to own more cars per household 2) LTA to keep major roads decongested, with COE quota releases depleting over time (to correct a previous 'wrong'), multiple ERP gantries, exhorbitant ERP charges, steep hike in season and overnight parking fees 3) COE prices to remain high, to keep car ownership out of reach of the clamouring masses If anyone does not share all 3 above desires, they would obviously fall on the "Other" side. They are the ones that comprain most in MCF, lobbying and hoping for COE prices to soften (and for some, even to crash), for garmen to recycle back ALL deregs COEs (rather stoopid imho), so that they and more can get to own cheap cars and congest our roads 2 Link to post Share on other sites More sharing options...
merc280v6 6th Gear February 17, 2017 Share February 17, 2017 Frankly.... when the MIW wants to get something done.....the reasons they come up with is just a formality. They don't need to justify why shorten the scheduled timeline.Donald does not need to justify his deeds either! Link to post Share on other sites More sharing options...
Tianmo Hypersonic February 17, 2017 Share February 17, 2017 With this type of scenario..SE will ask to decide on the spot ( this weekend, before budget announcement ), after announcement is different deal already la!!! Usually for this type of timeline. No sign, no deposit = no deal. Take the risk, after announcement it may or may not be the same. Better or worse, cheaper or expensive..muahahhaha after announcement if nothing changes, you lost both side. bro, you talk like a no talk. Sibei ho!!! Link to post Share on other sites More sharing options...
merc280v6 6th Gear February 17, 2017 Share February 17, 2017 A rich man buys 10 cars and only able to drive 1 each time. 10 poor men buy 10 cars, all driving at the same time. Who contribute more to traffic congestion to the road ? So who will be favoured ? Exactly my point!Regardless of the policy changes to come, marginal owners will continue to be squeezed out - by price alone! Not necessarily by the garmen, but by fellow new car buyers who can and are willing to pay more for the COE bracket My SE informed that Monday all car prices will increase.Wah! Best news that I've heard over the recent months!!! Link to post Share on other sites More sharing options...
Vinceng Turbocharged February 17, 2017 Share February 17, 2017 My gut feel is it's advisable to commit this weekend. The policy changes are more likely than not, to lead to COE price increase, in view of going Car Lite. Link to post Share on other sites More sharing options...
merc280v6 6th Gear February 17, 2017 Share February 17, 2017 My gut feel is it's advisable to commit this weekend. The policy changes are more likely than not, to lead to COE price increase, in view of going Car Lite. Not only that.ADs are more than likely to raise car prices, on the same day when the policy changes are announced! Link to post Share on other sites More sharing options...
mikeliu 1st Gear February 17, 2017 Share February 17, 2017 SE start to push sales from N to G now, I mean in this forum we can see already ha-ha. If you like to void any risk and affordable, then commit the N to G is not bad as well. Link to post Share on other sites More sharing options...
GLZT 6th Gear February 17, 2017 Share February 17, 2017 Pretty sure some AD or PI will remove guarantee coe option. 1 Link to post Share on other sites More sharing options...
No_worries 6th Gear February 17, 2017 Share February 17, 2017 (edited) My gut feel is it's advisable to commit this weekend. The policy changes are more likely than not, to lead to COE price increase, in view of going Car Lite. If potential buyers listen to you, we can expect showrooms to be flooded this weekend Edited February 17, 2017 by No_worries Link to post Share on other sites More sharing options...
Saint888 1st Gear February 17, 2017 Share February 17, 2017 Private hire coe to follow taxi coe. 8 yrs, Pqp. Y give special treatment. Additional road tax for them will be good. They utilise e roads more than normal car. Link to post Share on other sites More sharing options...
Arch1984 4th Gear February 17, 2017 Share February 17, 2017 are you very sure of what happened in 2015? what was the CEVS reduction? Did it affect everyone buying or just a small handful of ppl? Are you sure after the revise buyers get more parf? And what was COE trading for the whole year of 2015? Yup. CEVS previously cut in July 2015 (need lesser CO2 to get similar CEVS rebate), affected almost all car that are on CEVS rebate prior to July 2015. COE before cut was ard 60+k. After cut 50+k. Overall car price dropped after the mad rush. Lower CEVS rebate so buyers can get back more parf lo. Those that bought cars in 2015 would know. ↡ Advertisement Link to post Share on other sites More sharing options...
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