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134 replies to this topic | 283 praises

#1

Posted 11 March 2017 - 11:40 AM

therock
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A heady year with many new policies. Amongst the many new laws, the VES and the diesel tax will have the greatest impact on our local car buyers.

 

Last year saw the top ten list filled with predictable best sellers from Honda, Toyota and Mercedes.

 

Will that change?

 

 

IMO, the best sellers this year will be quite similar, as dealer will still have existing stock of the top sellers, and even though the surcharge goes up, it only occurs next year in Jan 2018.

 

So we should see a small rush for them, and perhaps even a rush for the diesel based best sellers like the BMW 116d and 216d. 

 

 

 

As a reference, I have included the best sellers for 2016:

 

 

http://news.asiaone....0000-vezel-2016

 

Looks like the official word is out, a whopping 10k Vezels were sold in 2016. Totally trashed the 5k Altis by 2x.

 

 

post-20269-0-96304100-1484974242_thumb.j

 


Top ten for 2015:

http://business.asia...brand-singapore

 

Top ten for 2014:

http://www.carbuyer....est-selling-car

http://focus2move.co...-car-singapore/

http://www.sgcarmart...e.php?AID=10795

 

Top ten for 2013:

http://www.lifestyle...singapore-2013/


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#2

Posted 11 March 2017 - 11:48 AM

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A little advice from Chris Tan - quite pertinent:

 

http://www.straitsti...to-the-showroom

 

 

 

With a stricter Vehicular Emissions Scheme looming, extending the lifespan of your existing car is going to be even more economical than buying a new or used one

With a significantly stricter Vehicular Emissions Scheme (VES) coming into effect from next January, car buyers are likely to make a lemming-like dash to the showroom, to put down money for that new car before the revised regulations push up prices.

If you are contemplating doing just that, please take a deep breath, exhale and reconsider.

Because if you join the madding crowd, you will, without a shadow of a doubt, help send prices northwards - the very thing you are trying to avert.

So what should you do? Besides doing deep-breathing exercises (which are good for you, by the way), you can ponder on a few other things. Take a walk. Talk to a loved one. Watch a movie on Netflix. Look out the window.

Anything but rush to the showroom.

 
 
st_20170311_ctmouth11_2997492.jpgMotorists dashing to buy cars will help send prices northwards. PHOTO: ST FILE

Seriously. If you want to buy a new car because your bank book can no longer accommodate anymore digits, the VES should not even be a consideration.

If your existing car is nearing 10 years of age and you absolutely need another car or your life as you know it will be extinguished, pause. Consider, instead, the option of revalidating the certificate of entitlement (COE).

No matter how you dice the numbers, extending the lifespan of your existing car is going to be more economical than buying a new or used one. Unless, of course, you are downgrading from a Mercedes-Benz S-class to a Toyota Vios - that will make more economic sense than revalidating the COE.

But if you are eyeing an equivalent car, why not eye your existing car (unless it is a real piece of c***)?

If your car was among the tens of thousands that were bought with some form of green rebate, better still. You will forgo much less in terms of scrap rebate if you extend. Much less.

And if you decide to extend, go for 10 years instead of five. Most cars will last 20 years with regular and proper servicing.

A 10-year extension also makes better money sense - you get to depreciate the scrap rebate forgone over a longer period; you can spread out your (COE) loan over many more instalments; and you have the option of further extensions when the time comes. If you extend for five, you have to scrap your car after five years.

For that reason and more, you will fetch a better price should you decide to sell the car midway.

But if you really, really have to buy a new car, rushing now will do no one - including yourself - any good. You will just end up contributing more to the tax coffers.

If you feel you have already been paying your fair share of taxes, you can do a simple exercise to avoid paying more.

This is how it works. First, convert the first and last letter of your name into a number. Second, multiply that number by the number of letters in your first name. Third, divide that by two.Translate the result into the number of days you should wait before heading to the nearest showroom.

For example, the first letter is "C" and the last is "E", and there are 11 letters in your first name. That means 3 + 5 (11) = 88. Divide 88 by 2. Wait 44 days.

The randomness of this should spread out demand and help avoid a spike in COE prices.

If you simply cannot bother, allow me to thank you in advance, on behalf of other Singaporeans, for contributing more to the country's tax revenue.

 



#3

Posted 11 March 2017 - 11:51 AM

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Surprisingly elantra sells more than attrage in 2016? And k3 is not on the list?
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#4

Posted 11 March 2017 - 11:54 AM

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Surprisingly elantra sells more than attrage in 2016? And k3 is not on the list?

It just shows that the most talked about cars aren't always the most popular.

 

High chatter on a forum doesn't translate into top sales. Otherwise the top cars will be the Vezel, QQ, K3, Forester and maybe the A3 :)


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#5

Posted 11 March 2017 - 12:25 PM

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A little advice from Chris Tan - quite pertinent:

http://www.straitsti...to-the-showroom

There is a big question mark on the consequences in the event that these coe cars fail the future emission tests which covers alot more area
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#6

Posted 11 March 2017 - 01:24 PM

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It just shows that the most talked about cars aren't always the most popular.

High chatter on a forum doesn't translate into top sales. Otherwise the top cars will be the Vezel, QQ, K3, Forester and maybe the A3 :)

These cars you just mentioned, they are also among the top sellers, no?
Argueing with a fool proves there are two.

#7

Posted 11 March 2017 - 01:40 PM

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These cars you just mentioned, they are also among the top sellers, no?

Only a couple are in the top ten.

K3, Foresters aren't..

 

But moving ahead, with the surcharge imposed on them and the Elantra, things may change dramatically in future..



#8

Posted 11 March 2017 - 01:57 PM

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Only a couple are in the top ten.
K3, Foresters aren't..

But moving ahead, with the surcharge imposed on them and the Elantra, things may change dramatically in future..

Noted, I was mistaken then. Ok. My vote goes to Honda Civic to be top seller for 2017.
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#9

Posted 11 March 2017 - 01:59 PM

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There is a big question mark on the consequences in the event that these coe cars fail the future emission tests which covers alot more area


Good point, maybe shld write to Chris Tan reminding him this!
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#10

Posted 11 March 2017 - 02:31 PM

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A little bit surprised that Kia is not even in the top ten given how many people say how good value the Kia k3 is.
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#11

Posted 11 March 2017 - 02:46 PM

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It just shows that the most talked about cars aren't always the most popular.

High chatter on a forum doesn't translate into top sales. Otherwise the top cars will be the Vezel, QQ, K3, Forester and maybe the A3 :)

Vezel is definitely top seller. Something wrong with list. Maybe only count AD cars?
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#12

Posted 11 March 2017 - 03:11 PM

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Vezel is definitely top seller. Something wrong with list. Maybe only count AD cars?

 

Yeah AD cars only.

 

My prediction is not much change. The thing is we also don't know exactly what cars fall into which band precisely yet except for a few models (Prius etc). So how big the change in prices we also dunno.

 

The only thing is that those who want to get a diesel (because they drive a lot and want to save), will have to chiong now. Otherwise should be more or less status quo.



#13

Posted 11 March 2017 - 09:00 PM

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When you have paid advertisement, it is more for amuse than to take info as real. So now not sure we should read BT :a-bang:


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#14

Posted 13 March 2017 - 08:25 AM

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How come lump-boh-ghee-knee not in list?

 

Singapore no atas meh?


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#15

Posted 13 March 2017 - 09:22 AM

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A little bit surprised that Kia is not even in the top ten given how many people say how good value the Kia k3 is.

 

Mindset on Korean's cars.


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#16

Posted 13 March 2017 - 10:51 AM

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A little bit surprised that Kia is not even in the top ten given how many people say how good value the Kia k3 is.

It goes to show that the Kia K3 is being overhyped. In actual fact, many pple talk about it but not many bought it (if the sources of info is true). Personally didn't think its a good car though.


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#17

Posted 13 March 2017 - 11:18 AM

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It goes to show that the Kia K3 is being overhyped. In actual fact, many pple talk about it but not many bought it (if the sources of info is true). Personally didn't think its a good car though.

Its indeed not a good car. However cnc have given a lot of luxury stuff in the k3 premium version to attract buyers. How reliable these features are in 5 years time nobody knows

#18

Posted 13 March 2017 - 12:05 PM

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7589.jpg

this.  all the ppl gian vezel will go buy


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#19

Posted 13 March 2017 - 12:46 PM

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A little bit surprised that Kia is not even in the top ten given how many people say how good value the Kia k3 is.

Seems like you see more k3 than elantra on the road, and yet k3 not on the list.


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#20

Posted 13 March 2017 - 01:17 PM

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Seems like you see more k3 than elantra on the road, and yet k3 not on the list.

Do you know a lot of K3 you see are actually from Uber/Grab?


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