Enye Hypersonic October 28, 2015 Share October 28, 2015 This chart is a better representation. Can gauge COE premium based on COE quota. R squared not high leh ↡ Advertisement Link to post Share on other sites More sharing options...
kmttan 4th Gear October 28, 2015 Share October 28, 2015 Wow! Expansion still got room to go. Let see after Mar '16. The COE premium will drop significantly only when the quota stop increasing. As quota increases, there are more scrapping than quota. More scrapping means more buying. When the quota stop increasing, number of car scrapped is smaller than or equal to number of quota, and demand will be softer. When demand is softer, $20K COE is hopeful. Link to post Share on other sites More sharing options...
Penknife 5th Gear October 28, 2015 Share October 28, 2015 The COE premium will drop significantly only when the quota stop increasing. As quota increases, there are more scrapping than quota. More scrapping means more buying. When the quota stop increasing, number of car scrapped is smaller than or equal to number of quota, and demand will be softer. When demand is softer, $20K COE is hopeful. more scrapping means more buying? really? if 10 cars are scrapped meaning there will be 11 cars looking for new owners? Link to post Share on other sites More sharing options...
Alvantan 1st Gear October 28, 2015 Share October 28, 2015 those who interested in mazda should wait out. current'y, quite a number of mazda are used as event cars for the WTAF. not sure what mazda will do with these cars but likely we all know what will happen to these. What's WTAF? Link to post Share on other sites More sharing options...
13177 Hypersonic October 28, 2015 Share October 28, 2015 Really not worth to buy a used car which dep more than a new car. And now the direct owner also sell so ex, crazy Even the used car dep more than a new car, there are still people buy used car cause the 40% cash downpayment for used car is much lower than new car. Link to post Share on other sites More sharing options...
7hm Turbocharged October 28, 2015 Share October 28, 2015 Only difference is the type of drivers. cheaper the COE, the better the drivers? Link to post Share on other sites More sharing options...
Penknife 5th Gear October 28, 2015 Share October 28, 2015 What's WTAF? Its a tennis event held in Singapore. You can see some of these cars parked at Marina Bay Sands Tower 3. Just saw one number plate WTAF 9 on a Porsche. http://www.businesstimes.com.sg/transport/porsche-panamera-mazda-6-official-cars-for-wta-event 1 Link to post Share on other sites More sharing options...
Alvantan 1st Gear October 28, 2015 Share October 28, 2015 Its a tennis event held in Singapore. You can see some of these cars parked at Marina Bay Sands Tower 3. Just saw one number plate WTAF 9 on a Porsche. http://www.businesstimes.com.sg/transport/porsche-panamera-mazda-6-official-cars-for-wta-event Oh yah.. I spotted some promo event about the Tennis in Kallang Wave Mall last weekend.. Mazda has a roadshow there... Seem to be only using Mazda 6.. Link to post Share on other sites More sharing options...
kmttan 4th Gear October 28, 2015 Share October 28, 2015 (edited) more scrapping means more buying? really? if 10 cars are scrapped meaning there will be 11 cars looking for new owners? More means demand is more than supply. Suppose that quota increases by 20% every quarter. This means 3rd quarter has about 40% scrap than 1st quarter. Those scrapped coe will be available at 2nd quarter. The 3rd quarter scrap car owner will be buying cars at 2nd quarter. So, demand is 40% more than supply as quota increases. Edited October 28, 2015 by kmttan Link to post Share on other sites More sharing options...
Latio2005A Turbocharged October 28, 2015 Share October 28, 2015 Based on your chart, $40K will come some time in Sep 16 thereabout….hmm…whoever can wait, please wait 1 Link to post Share on other sites More sharing options...
Forte3737 5th Gear October 28, 2015 Share October 28, 2015 There are many who cannot afford new. They are just waiting rather than buy old cars. Tell you people the truth lah.....Even if got many many drops, Atlis at most will cost 95k with COE. How many of you will buy? Even the used car dep more than a new car, there are still people buy used car cause the 40% cash downpayment for used car is much lower than new car. Link to post Share on other sites More sharing options...
Kia7200 5th Gear October 28, 2015 Share October 28, 2015 Even the used car dep more than a new car, there are still people buy used car cause the 40% cash downpayment for used car is much lower than new car. Ya I know. But I rather take loan and pay the interest than u pay more on a used car dep Link to post Share on other sites More sharing options...
Voodooman Supersonic October 28, 2015 Share October 28, 2015 Cars quota is fixed right. Whether coe at $1 or $100k still congested. Are you sure? Many think 80k COE car is a lot faster than 20k COE car, so less congestion. I sort of agree, pay so much, of course must show off and floor the accelerator at every opportunity. hahaha... 2 Link to post Share on other sites More sharing options...
Latio2005A Turbocharged October 28, 2015 Share October 28, 2015 All step aside. This is the ultimate Merc 2 Link to post Share on other sites More sharing options...
Blackyv Turbocharged October 28, 2015 Share October 28, 2015 All step aside. This is the ultimate MercMerc.png Its not about money, it's a privilege to own this car, don't believe, ask privilege motors pte ltd... Hehe.. Link to post Share on other sites More sharing options...
WoeiSongKeh 5th Gear October 28, 2015 Share October 28, 2015 All step aside. This is the ultimate MercMerc.png Wah 1 million plus !!! Link to post Share on other sites More sharing options...
Derricklah 2nd Gear October 28, 2015 Share October 28, 2015 Extra zero I think Wah 1 million plus !!! Link to post Share on other sites More sharing options...
flashbang Turbocharged October 28, 2015 Share October 28, 2015 cheaper the COE, the better the drivers? Haha, I think the other way round.... ↡ Advertisement Link to post Share on other sites More sharing options...
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