SimonTan 2nd Gear August 5, 2011 Share August 5, 2011 When Coe crash...the secondhand car market also crash...we will got low price for our old cars. It's LPPL. Those who buy recently at high COE depreciation will have to suffer the most losses when COE do come down at lower level. ↡ Advertisement Link to post Share on other sites More sharing options...
Spidey10 Supercharged August 5, 2011 Share August 5, 2011 5 reason that I will be happy: More people jump off the flats, more business for Radx. More people jump off the flats, lesser traffic in both roads and public transport More people jump off the flats, lesser crowd in all places More people jump off the flats, create more jobs for lower income earners. More people jump off the flats, lesser demand = lowering property even more. And property crash, I will be very happy as the young generations finally able to buy their flats. I think u need to get yr head examined!!! Everything crashed...do you think the young gen have the balls to go out and buy a house?? They will so scared, the balls will shrink! Dont't even know if tomorrow have a job or not and you say go and buy a flat!! Link to post Share on other sites More sharing options...
Tigershark1976 Turbocharged August 5, 2011 Share August 5, 2011 Soon in 6months.......market crashing.... COE back to 5k.....yeah.... 70K??? Stream is priced by Kah motor at closed to 150k, unless Cat B drop to $1, otherwise, you can wait long long for Stream to reach 70K... Link to post Share on other sites More sharing options...
Balaballs 1st Gear August 5, 2011 Author Share August 5, 2011 then how long you predict you can live? Bro chill out lah....COE was once above 100k and it did came back down to even a dollar and stayed around 7 to 10k for some time. So the same thing can and will happen again.....just because you paid 70k for a piece of toilet paper....its does not mean the rest wil have to pay the same......sometime you need to use ur 70k toilet paper as a toilet paper..... By the way I am Sorry I will not able to predict how long I will be able to leave and pls dont ask me to predict hw long u will be going to live. Because.....it looks like you can predict much much better on how long you will be able to live then predicting the COE price......must be because of the amount of money u let go on the market today. pls hoh.....dont also ask me to predict which one you will be going to choose......high rise.....bridge....MRT.....hang....over dose...ect...LOL. Link to post Share on other sites More sharing options...
Gukubird Neutral Newbie August 5, 2011 Share August 5, 2011 COE cannot crash. I want to look at the COE feeling rich. Actually I was supportive of the high COE as a mean to control the number of car on the road. But I dont understand how and why did COE dropped in the 1st place? Now even the strict quota and high price, we will still be struck in the jam for the next 10 years Link to post Share on other sites More sharing options...
Magentis_Ray Clutched August 5, 2011 Share August 5, 2011 So what will happen to 2nd hand car dealers' present stock? Link to post Share on other sites More sharing options...
Vhtfhwlego Supercharged August 6, 2011 Share August 6, 2011 I Am replying nonsense in a meaningless thread. Link to post Share on other sites More sharing options...
Yaloryalor 5th Gear August 6, 2011 Share August 6, 2011 5 reason that I will be happy: More people jump off the flats, more business for Radx. More people jump off the flats, lesser traffic in both roads and public transport More people jump off the flats, lesser crowd in all places More people jump off the flats, create more jobs for lower income earners. More people jump off the flats, lesser demand = lowering property even more. And property crash, I will be very happy as the young generations finally able to buy their flats. You happy more ppl die??? Link to post Share on other sites More sharing options...
Picanto 3rd Gear August 6, 2011 Share August 6, 2011 this is really a meaningless thread Link to post Share on other sites More sharing options...
Balaballs 1st Gear August 11, 2011 Author Share August 11, 2011 Soon in 6months.......market crashing.... COE back to 5k.....yeah.... Look like it is on track Link to post Share on other sites More sharing options...
Maroon5 5th Gear August 11, 2011 Share August 11, 2011 Look like it is on track congrats to all who held your horses!! Link to post Share on other sites More sharing options...
Jujitsuka 4th Gear August 11, 2011 Share August 11, 2011 Must have alot of ppl to lose their jobs then COE will drop cos the quota nowadays is alot lesser than previous yrs... So its juz too bad if that happens! Link to post Share on other sites More sharing options...
Karu 6th Gear August 11, 2011 Share August 11, 2011 Brainless to hope for mkt & coe crash!!! People will be thinking many times over before buying car. Unless u are super garang... Short all the way... Link to post Share on other sites More sharing options...
Stiener 1st Gear August 11, 2011 Share August 11, 2011 Regardless of the market good or bad, people will still buy cars. When market is bad, business will be affected one way or another. During such times, people with some money will have to choose whether to invest or spend. Big players in the market knows when to buy and when to sell. There will always be a decline in the economy so there is no way to pray that it won't happen. Its just a matter of when and how hard it hits. Honestly, I rather the bubble lose steam then burst. That would mean that when there are signs of bursting, some ppl patch it and allow it to inflat more. When it goes beyond stage when patching it will help, ppl will feel maximum impact when the bubble burst. When the market crash, ppl who have extra money to spend on will benefit as some cost will go down slightly. But when your friends and relatives are suffering, how much does it offset the great feeling of driving out a brand new stream at $70k? From another perspective, people who spend money without planning ahead needs to be taught a lesson. I have seen people who goes into the red (cash flow) blames everyone but themselves. Every now and then, there is a wake up call that we need to save for rainy days and never dive in without knowing the risk involved. Link to post Share on other sites More sharing options...
Mrpega Neutral Newbie August 11, 2011 Share August 11, 2011 (edited) when everything crashes..the happiest people will be those cash-rich and worst hit are those straped with loans.. :) Edited August 11, 2011 by Mrpega Link to post Share on other sites More sharing options...
Topspin 2nd Gear August 11, 2011 Share August 11, 2011 If some catastrophic event happen, COE crash, ur career also will have the chance of crashing, so beware. If that time come, u dun even got the mood to step into the showroom Cannot agree enough...sentiment is very important. Buying a car is really just like the share market, many stocks now are like dirt cheap today, but no takers because the mood is very depressed. Yet when the share prices were at its peak, sentiment were so bullish, everybody wants to get a piece of it. Only the bravest of them all goes against the tide during extreme economic situation, whether it is buying shares, buying cars or buying properties. Nobody has car on their mind if they are not even sure they have a job next month. ↡ Advertisement Link to post Share on other sites More sharing options...
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