Pohtk 3rd Gear July 4, 2018 Share July 4, 2018 (edited) Looks like those who renewed in 2015-2016 will start to scrap their cars soon, at the rate coe are falling. Might not be bro.... it boils down to the price of the new cars (after VES surcharge)... also remeber those who bought their cars 10yrs ago had their COE less than 20k (toyoya altis at 60k not 100k)... They will consider renew their COE 5 or 10 yrs instead. Edited July 4, 2018 by Pohtk ↡ Advertisement Link to post Share on other sites More sharing options...
Dafansu Turbocharged July 4, 2018 Share July 4, 2018 You better quikcly chut your chart before the trend reverse. haha ! keep first, next few rounds might go up due to drastic drop. Link to post Share on other sites More sharing options...
Sktan10 5th Gear July 4, 2018 Share July 4, 2018 Elantra now is buy 1 free 1 if base on Nov 2013 pricelistElantra elite 2013 omv close to 20k.With tax is 47k base. Elantra elite 2018 omv 12k.With tax is 28.2k base. How to compare? Lol.. Link to post Share on other sites More sharing options...
Dafansu Turbocharged July 4, 2018 Share July 4, 2018 Very interesting. For cat a cars in netural banding, i wonder if the selling price will drop or remains(ad margin higher) I believe will adjust in the range of $5k+-. From this drastic Cat A drop can see the demand is not there and dealers in fact are accumulating Cat E instead. Link to post Share on other sites More sharing options...
Roh96 6th Gear July 4, 2018 Share July 4, 2018 Might not be bro.... it boils down to the price of the new cars (after VES surcharge)... also remeber those who bought their cars 10yrs ago had their COE less than 20k (toyoya altis at 60k not 100k)... They will consider renew their COE 5 or 10 yrs instead. When COE is low, should consider buying new la. The reason why most ppl choose to renew is bcos COE is high and hence new car very exp. 2 Link to post Share on other sites More sharing options...
Dafansu Turbocharged July 4, 2018 Share July 4, 2018 Elantra elite 2013 omv close to 20k.With tax is 47k base. Elantra elite 2018 omv 12k.With tax is 28.2k base. How to compare? Lol.. I'm just doing a quick comparison on overall car pricing. There will never be a fair comparison. There are other factors to consider like new policy, market demand, new models, VES, whatever taxes etc. Would one prefer to buy a Elantra at $150k or prefer to buy now at $70+k. Link to post Share on other sites More sharing options...
Aventador 6th Gear July 4, 2018 Share July 4, 2018 This shows that UBER was the cb that screw up last year COE prices for everyone cb USA company use other people money and mess with everyday Singaporean living costs then now withdraw from the market, sibeh KNN 8 Link to post Share on other sites More sharing options...
No_worries 6th Gear July 4, 2018 Share July 4, 2018 This shows that UBER was the cb that screw up last year COE prices for everyone cb USA company use other people money and mess with everyday Singaporean living costs then now withdraw from the market, sibeh KNN Cat A at 25k, i wonder how much lower it will go. This almost s 50% drop in cat a since feb2017 when I bought my new car. So this weekend, there will be lots of promotion especially modes like Kia k3 and Elantra . Link to post Share on other sites More sharing options...
Pohtk 3rd Gear July 4, 2018 Share July 4, 2018 When COE is low, should consider buying new la. The reason why most ppl choose to renew is bcos COE is high and hence new car very exp. Like i said maynot be bro, if you only need a car from point A to point B... new or old doesn't matter. If should see COE renewal picking up in the next few months, it justify the point. So when it does, VES implementation actually back fired with more aging cars on the road. 1 Link to post Share on other sites More sharing options...
Kurty Supercharged July 4, 2018 Share July 4, 2018 cite from a SE: don't expect the price to drop by $9,000 because there definitely will be a rebound in the next bid 1 Link to post Share on other sites More sharing options...
Daniu82 Supercharged July 4, 2018 Share July 4, 2018 Same here Your paper value should be 38k ? What's that? Link to post Share on other sites More sharing options...
Kurty Supercharged July 4, 2018 Share July 4, 2018 What's that? the amount that you are entitled of, should you surrender your existing car. Link to post Share on other sites More sharing options...
Sktan10 5th Gear July 4, 2018 Share July 4, 2018 cite from a SE: don't expect the price to drop by $9,000 because there definitely will be a rebound in the next bid Bro, lucky you never buy. Buy a 34k coe car and get a 25k coe car. Don't know whether want to laugh or cry. Lol... 1 Link to post Share on other sites More sharing options...
Daniu82 Supercharged July 4, 2018 Share July 4, 2018 the amount that you are entitled of, should you surrender your existing car. How to see this amount? I only know my OMV. Link to post Share on other sites More sharing options...
Kurty Supercharged July 4, 2018 Share July 4, 2018 Bro, lucky you never buy. Buy a 34k coe car and get a 25k coe car. Don't know whether want to laugh or cry. Lol... yeah.. until today, i still dont understand why my next door neighbor dont want to sell his car.. he bought it when the coe was 85k.. 1 Link to post Share on other sites More sharing options...
JQ01 3rd Gear July 4, 2018 Share July 4, 2018 So it is still possible for $20K+ coe, I am more interested will there be $10K+ coe?? 1 Link to post Share on other sites More sharing options...
Shorty Turbocharged July 4, 2018 Share July 4, 2018 cite from a SE: don't expect the price to drop by $9,000 because there definitely will be a rebound in the next bid i teased my SE if the car i was looking at will drop by 9k. cos quoted price b4 today already taking the VES into acct. but he said wont b so low as got VES Link to post Share on other sites More sharing options...
Kurty Supercharged July 4, 2018 Share July 4, 2018 How to see this amount? I only know my OMV. https://vrl.lta.gov.sg/lta/vrl/action/pubfunc?ID=EnquireRebateBeforeDeReg very important, knowing how much you have with the LTA ↡ Advertisement Link to post Share on other sites More sharing options...
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