Wind30 Turbocharged February 25, 2013 Share February 25, 2013 this weekend all car showroom will be flooded ... why?? shouldn't you wait for COE to crash? ↡ Advertisement Link to post Share on other sites More sharing options...
Matdxb Neutral Newbie February 25, 2013 Share February 25, 2013 Yes, just like the Pre COE days, that is why those days there are not so many cars on the road. Proven that system is better than COE in controlling no of cars on the the roads. Link to post Share on other sites More sharing options...
Albeniz Turbocharged February 25, 2013 Share February 25, 2013 will sure cut demand ... thing is 1. The lesser off people who were finding the finding the prices out of reach, will now be faced with a differnt pain of not having that cash on hand 2. The better/well off ones will actually be the able to afford the cash up front and now get a (2nd/3rd/4th) car at a much cheaper price So who actually benefits from this measure? Good also. The scheme will keep the cars out of reach to fresh-out-of-university graduates. They could save the money for family building rather than tying themselves over 10 year period on a highly-depreciative piece of metal. Link to post Share on other sites More sharing options...
Wt_know Hypersonic February 25, 2013 Share February 25, 2013 if coe crash landed $30k-ish will $90K coe owner scrap car? Link to post Share on other sites More sharing options...
Mockngbrd Supersonic February 25, 2013 Share February 25, 2013 flooded? flooded with what? air? Link to post Share on other sites More sharing options...
Forte3737 5th Gear February 25, 2013 Share February 25, 2013 flooded? flooded with what? air? water flooding Link to post Share on other sites More sharing options...
Mockngbrd Supersonic February 25, 2013 Share February 25, 2013 Why buy now when COE will sure plunge by 40-50% after next round's bidding ex? because who can down 40-50% DP??? Buy 100k car, need to cough out at least 40k in cash ler... Link to post Share on other sites More sharing options...
Albeniz Turbocharged February 25, 2013 Share February 25, 2013 if coe crash landed $30k-ish will $90K coe owner scrap car? Definitely. Same as those cars bought in 1997-1998. Deja vu. Link to post Share on other sites More sharing options...
Forte3737 5th Gear February 25, 2013 Share February 25, 2013 because who can down 40-50% DP??? Buy 100k car, need to cough out at least 40k in cash ler... then buy 50k car lor Link to post Share on other sites More sharing options...
Albeniz Turbocharged February 25, 2013 Share February 25, 2013 because who can down 40-50% DP??? Buy 100k car, need to cough out at least 40k in cash ler... Actually, 40-50% DP is sup sup water lah. ok I haolian.... hahaha Link to post Share on other sites More sharing options...
Old-driver 5th Gear February 25, 2013 Share February 25, 2013 if coe crash landed $30k-ish will $90K coe owner scrap car? Ha... scrap already no $$ to buy back with such hefty down-payment Link to post Share on other sites More sharing options...
Duke Neutral Newbie February 25, 2013 Share February 25, 2013 All China cars are back in business. Link to post Share on other sites More sharing options...
GoodCar 4th Gear February 25, 2013 Share February 25, 2013 I am waiting for my good car, at least can see some light ......hehehe. Good for our people too. Link to post Share on other sites More sharing options...
Forte3737 5th Gear February 25, 2013 Share February 25, 2013 All China cars are back in business. still too early to say Link to post Share on other sites More sharing options...
Wt_know Hypersonic February 25, 2013 Share February 25, 2013 (edited) toyota can reclaim no 1 selling car? All China cars are back in business. Edited February 25, 2013 by Wt_know Link to post Share on other sites More sharing options...
Mockngbrd Supersonic February 25, 2013 Share February 25, 2013 still too early to say Yea boy, those ppl in the market for such cars prob also dun wanto cough out 40% cash... Link to post Share on other sites More sharing options...
Longg8 Clutched February 25, 2013 Share February 25, 2013 FINALLY..lesser fresh grads getting NEW cars... 100% loan....really WTF.... 50% seems more like it.... Link to post Share on other sites More sharing options...
Deckbuild 6th Gear February 25, 2013 Share February 25, 2013 If the policy maintain till end of this year, I foresee COE prices gonna be around 20k to 30k... ↡ Advertisement Link to post Share on other sites More sharing options...
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