Little_prince Supersonic March 25, 2010 Share March 25, 2010 knn... few months ago the bloody used cars dealers still complaining that low COE they will close down... fark them all la ↡ Advertisement Link to post Share on other sites More sharing options...
KapitanE 1st Gear March 25, 2010 Share March 25, 2010 based on the 90s experience... toyota corona 1.6 @ $120k also got ppl buy... so if COE still back to the $45k peak again... still gt demand one... back then tax was 140%OMV, higher custom excise, higher road tax but no GST, ... today tax is 100%OMV, lower custom, lower road tax, but higher GST.... so an Altis will not be 120k today unless COE go above 70k... Link to post Share on other sites More sharing options...
Joseph22 Turbocharged March 25, 2010 Share March 25, 2010 (edited) back then tax was 140%OMV, higher custom excise, higher road tax but no GST, ... today tax is 100%OMV, lower custom, lower road tax, but higher GST.... so an Altis will not be 120k today unless COE go above 70k... Parf Rebate is also higher during that time. Edited March 25, 2010 by Joseph22 Link to post Share on other sites More sharing options...
KapitanE 1st Gear March 25, 2010 Share March 25, 2010 Parf Rebate is also higher during that time. very very few people actually think about rebate when buying a car,.... more is engrossed in what they have to pay initially then think about what they will get back 4 to 5 or maybe 10 years later... Link to post Share on other sites More sharing options...
Joseph22 Turbocharged March 25, 2010 Share March 25, 2010 very very few people actually think about rebate when buying a car,.... more is engrossed in what they have to pay initially then think about what they will get back 4 to 5 or maybe 10 years later... yeah... but that is also a important factor too... Link to post Share on other sites More sharing options...
Lex250 Clutched March 25, 2010 Share March 25, 2010 based on the 90s experience... toyota corona 1.6 @ $120k also got ppl buy... so if COE still back to the $45k peak again... still gt demand one... wah lao can u don;t dig up my past pain??? hahhaa Link to post Share on other sites More sharing options...
KapitanE 1st Gear March 25, 2010 Share March 25, 2010 yeah... but that is also a important factor too... yes important, but ask any car buyers, do they think about rebates... chances is that the answer is No,.... Link to post Share on other sites More sharing options...
Mustank Hypersonic March 25, 2010 Share March 25, 2010 check this out!!!!!! http://www.straitstimes.com/BreakingNews/S...ory_506322.html "Said Mr Neo Nam Heng, president of the Automotive Importers and Exporters Association: 'If you had bought a Toyota Wish in 2007, you would have paid about $62,000. Today, you can sell the car at $62,000 - no depreciation.'" Link to post Share on other sites More sharing options...
Kanchelsk 2nd Gear March 25, 2010 Share March 25, 2010 check this out!!!!!! http://www.straitstimes.com/BreakingNews/S...ory_506322.html "Said Mr Neo Nam Heng, president of the Automotive Importers and Exporters Association: 'If you had bought a Toyota Wish in 2007, you would have paid about $62,000. Today, you can sell the car at $62,000 - no depreciation.'" means i can still sell my lancer ex for $60k in 2012?? tat is a gain !!! Link to post Share on other sites More sharing options...
Mustank Hypersonic March 25, 2010 Share March 25, 2010 MAI TU LIAO!!!!!!! post here right now!!!!!! http://www.mycarforum.com/index.php?autocom=classified Link to post Share on other sites More sharing options...
Joseph22 Turbocharged March 25, 2010 Share March 25, 2010 yes important, but ask any car buyers, do they think about rebates... chances is that the answer is No,.... i know. what i mean is that is part of the contribution to high price lah. also when you want to trade in your car on 10 years, its actually fetch more value as compare to current Parf re-bate, hence high price for 1st timer, but not for someone who already own a car. Link to post Share on other sites More sharing options...
Ben5266 Supercharged March 25, 2010 Share March 25, 2010 Well done Singapore. Victims of our own stupidity. You hit the bull eye. Link to post Share on other sites More sharing options...
Wt_know Hypersonic March 25, 2010 Share March 25, 2010 used car dealer shoot gov when coe is low ... cry papa cry mama that their business is unsustainable now, do used car dealer kowtow to gov for pushing up coe ? Link to post Share on other sites More sharing options...
Tigerwoods Turbocharged March 25, 2010 Share March 25, 2010 mean the dealer will still buy from u at paper + body... but sell to others paper + body + alot more premium+++ ... You took the words right out of my mouth with simple and smooth delivery Good Job and I totally agree this UNFAIR ways of dealer... So sell your car by yourself. Link to post Share on other sites More sharing options...
Raindanze Neutral Newbie March 25, 2010 Share March 25, 2010 (edited) Ya, I was one of the sillyporean that bought a 4yr old corona at 83K in late 1997 when COE at that month was 60K!! Thinking back now, really kam lan.... So my advice is whoever has intention to get a used car now, quickly get it even if it cost a few Ks more after the current COE result before it starts shooting up in the next few months. If not, abandon the plan Ounch........Brings back memories........i got a 4.5 yr old AT190 @$70k than. The seller than got himself a BMW316 on balloon payment, yes, the COE is at $60+ k than. Edited March 25, 2010 by Raindanze Link to post Share on other sites More sharing options...
RadX Moderator March 25, 2010 Share March 25, 2010 Wohoooo...Can put my CX-7 for sale....yipeeeee Link to post Share on other sites More sharing options...
RadX Moderator March 25, 2010 Share March 25, 2010 Wohoooo...Can put my CX-7 for sale....yipeeeee Link to post Share on other sites More sharing options...
Soya Supersonic March 25, 2010 Share March 25, 2010 Wohoooo...Can put my CX-7 for sale....yipeeeee hantu so happy until post twice ah?.... ↡ Advertisement Link to post Share on other sites More sharing options...
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