COE prices soar because.....

[Gukubird]

Anyway seem like COE for Car is a good way for making money, why dont they introduce it for EP,WP etc? Company need to bid for EP / WP before importing Talent. :)

 

MOM can rival LTA in term of revenue generation.

[13177]

For doing that he deserves a pay increase

Ya lo, he should deserves pay rise, since he solved the public transport problem by reducing COE, buying 550 buses, prevent bus fares to increase, and demand train operator to do a thoroughly check on the system to ensure safe operation of the train.

[Aaron_soh80]

Why does everyone need to own a car?

Which govt in the world guarantees this?

You get to own a car only if you can afford one.

If by the next round, you find COEs beyond your reach, it just means that you can no longer afford to own a car.

 

You will need to accept that fact when COEs increase to >$200K and a Cat A car costs at least $250K.

So how much do you want to borrow from the bank to buy that $250K small B&B car?

Or just switch to public transport?

 

People want to own car. They also want to live in private condo.

Now a fcuking 99-yr leasehold outskirts, non-prime condo already cost $1,700-1,800 / sqft.

 

So how much loan would anyone take for a $2M LH condo?

 

In the end, owe money from the bank until you retire at 65yrs old?

You still can enjoy after that?

One leg in the grave already.

Very bleak future leh!

 

 

 

Instead of wayang here.. y not think of a way to earn big $$..here a lot if elilte MCFer.. u can learn from them..

 

 

 

 

[Gnixer]

It is about supply and demand ..... there were more than 100,000 COE released from Y2003 to Y2009 ..... high supply moderate demand .... COE price was moderate as well. Current situation, low supply, high demand ... prices will shoot to the sky.

 

Who to blame for current high COE ???? The consumers !!!!!

correction to your reply is car dealers.

COE price tag in everyone mind is different. consumers don't determine the bidding price when buying a car.

[Civic6228]

correction to your reply is car dealers.

COE price tag in everyone mind is different. consumers don't determine the bidding price when buying a car.

 

Car dealer can set whatever price ... it is still the consumers that pays for it

[Gnixer]

My exact sendiments ..... negative growth for COE allocation .... to reduce car population. COE is losing it's effectiveness.

the current number of second hand cars (excluded their conditions) in the market should be enough to play around if they introduce 0 growth for cars.

Edited April 16, 2012 by Gnixer

[Gnixer]

Car dealer can set whatever price ... it is still the consumers that pays for it

that boils to no choice, if given a choice to bid on your own instead dealers bid, you will see the changes.

regardless succeed or not, can just retry again.

 

if dealers bid, confirm bid higher after all is consumers pay.

[Civic6228]

that boils to no choice, if given a choice to bid on your own instead dealers bid, you will see the changes.

regardless succeed or not, can just retry again.

 

if dealers bid, confirm bid higher after all is consumers pay.

 

There is a choice ..... a choice to buy or not to buy at this current COE prices ....In any case, one can still go bid for COE and buy a car without COE from AD.

 

The key point is .......... consumer are the one to determine the COE prices as they are the one paying for it regardless who bids for the COE.

 

[Tigerwoods]

Everyone still have the choice on whether they want to take the plunge and buy a NEW car with high COE now ..... I am predicting that COE prices will drop from 2014 as there were more than 100,000 COE relased annually from Y2003 to Y2009. It is about supply and demand. One of the reason why people are changing cars now despite the high COE is that they are able to sell their car at the same price or some are even making profit.

 

B&B cars now are Merc, BMW, Toyota, VW and Audi ... based on new car registered in Y2012.

If B&B cars r MB, BMW, Lexus, Audi n VW... then what is Thaiyota, Honthai, Nissin, SuBaru, Susuki, DaJitSu, MiSubishit, Chery, Hyundai, Kia?

 

[Darthrevan]

believing this news is like believing the noose

[Sabian]

If B&B cars r MB, BMW, Lexus, Audi n VW... then what is Thaiyota, Honthai, Nissin, SuBaru, Susuki, DaJitSu, MiSubishit, Chery, Hyundai, Kia?

Cars they buy for their maids to buy buy groceries.

[13177]

i alway ask why they need to have COE?

 

to limit the cars?

 

but still so many cars on the road wat

They will tell you if there is no COE, there will be even much more cars on the road. Cars will jam until the entrance from your house downstairs carpark!

[Mllcg]

COE should be there.

 

but NOT the 10 year limit.

 

at 0.5% growth/year,

 

total new cars from cat A-E= 1.2m/0.5%

 

6.5k total new COE/year.

 

0 cars scrapped=0 recycled.

 

more fair?

 

this one sure will jack COE up one.

 

and ppl will drive more carefully. once crash and car need scrap, COE gone(tied to car). must pay so much more to bid new one.

Edited April 16, 2012 by Mllcg

[Tigerwoods]

Cars they buy for their maids to buy buy groceries.

Where to appry to be maid arh?

[Sabian]

Where to appry to be maid arh?

You are infamous lao hor

 

All the employers will keep their maids at home.

[Rubberpad]

A question to all of you....

 

Have you fallen off in society?

 

I see so many people here complain about expensive coe, how crazy is Sky habitat...

 

But it seems to me that there are so many buyers of new cars and condos.

 

Yet you can only complain.

 

So do you belong to the group that has just lost touch of the world? and have fallen off the last rung of the ladder?

 

It seems so to me that your peers or younger generation has out done you..i am sorry for you

Edited April 16, 2012 by Rubberpad

[Bystander50]

Interest rates are tied to the central bank's policies. The MAS knows it cannot afford to be too generous on both lending and borrowing aspects, otherwise Singaporeans will become too rich. On their agenda, it's reads 'must-not', 'cannot', 'never'.

 

That is why I feel that the gov does not allow the citizens to be very rich, else they come up with funny ideas.

As much as they like to boast we are the richest nation in SEA, yet the people also are in the highest debt levels.

 

 

[Heavenspirit]

With the increase of COE, can we ask for erp refunds during jam, since coe can reduce cars, erp should void. Y they hv best of both world while we pay and pay.