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Did CM1 affect you?


Bighero
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Neutral Newbie

Did it affect you?

 

For me it did.

 

Before - Was already going to get a BMW X3 35

 

After - not buying anymore. Going to tune my car after warranty ends. Keep car till 6 to 8 years

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Interested in changing to the new Sylphy 2013.

Factor affecting decision to change is the overall price.

Hence, yes, CM1 will may affect me.

Current price of Sylphy 1.8l is about 150k. If price drops below 100k, will consider change. If price don't drop, will continue dreaming.

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In my view, this should be CM2.

 

CM1 - Remove taxi from CAT A. No effect on COE, prices still rocket.

 

CM2 - Loan restriction. Will see....

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To add on,

 

Before CM - Plan to drive my car till 10th yr.

 

After CM - Plan to renew COE and keep driving till 20th yr.

 

:D

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Moderator

I was gonna wait till this yr to get.....but got aldy

 

will be cheaper but i am v v happy w the ride....

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Yes, affected to a certain extent. Am looking at getting an MPV at the end of the year due to expanding family. However now will continue to drive my sedan till 2016 Sep when the COE expires. By then, should have enough for a 50% dp. If they do tweak the measures abit during GE2016, it will be a bonus and I can get a better MPV.

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(edited)

Did it affect you?

 

For me it did.

 

Before - Was already going to get a BMW X3 35

 

After - not buying anymore. Going to tune my car after warranty ends. Keep car till 6 to 8 years

 

yes, it's going to affect me in a positive way. I am planning to scrap/export my ride in the next few months and get a used car. Used car prices are expected to dip so it's a good thing for me.

 

As for the loan part, to me there's no impact as I don't intend to take up a loan.

Edited by BoneStock
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Neutral Newbie

I was gonna wait till this yr to get.....but got aldy

 

will be cheaper but i am v v happy w the ride....

 

get wat???

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(edited)

For me a little since I only drive my normal plate sedan during weekends

after my office relocate to CBD area and cannot get season parking.

 

I am looking at getting a MPV at the middle of the year due to

few more puppies.

 

Need to send them for grooming and trainings.

 

Now will continue to drive my sedan till Oct 2018 when the COE expires.

Edited by Mahjong74
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Sometimes I wonder are the chilling measures there to protect the buyers or to protect the banks?

Maybe MIW foresee a problem coming and worried banks left with toxic loans.

 

Or else why regulate? They gain little political points with this move.

 

 

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Sometimes I wonder are the chilling measures there to protect the buyers or to protect the banks?

Maybe MIW foresee a problem coming and worried banks left with toxic loans.

 

Or else why regulate? They gain little political points with this move.

I also dunno, maybe protect the buyer, teacj them to be more prudent and hopefully able to control car price as without cm, coe can break 100k

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(edited)

I also dunno, maybe protect the buyer, teacj them to be more prudent and hopefully able to control car price as without cm, coe can break 100k

 

I don't think Coe will drop by much. Already many in this forum are thinking of buying another car if it drops by 20k. Pent up demand is still there.

 

The thing about car loans is banks are exposed to little risk. Gov backs the Coe and omv. Maybe it's the gov that's worried about a bust. Later kena vomit back out.

 

Maybe the chilling measure should be, no loans for Coe.

Edited by New_Atlantis
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I love my current ride so not changing thus not affected.....

 

But doesn't matter as I always pay FULL cash for all my ride...

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I love my current ride so not changing thus not affected.....

 

But doesn't matter as I always pay FULL cash for all my ride...

 

Wah so steady, now bicycle also not cheap. I had to pay installment for mine.

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Wah so steady, now bicycle also not cheap. I had to pay installment for mine.

 

 

Thru the various discussions in MCF on the cooling measures, I realise that there are lots of cash rich people in MCF. I worry that COE is not going to drop any sooner.

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