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[RogerNg_185295]

Recession coming liao still wanna buy new car?

Well, where you think those bankruptcy cases come from? It's these people that contribute to the numbers.

[Ivan_06]

You can see the latest basic cost price (for the AD) which includes coe from Sgcarmart

 

https://m.sgcarmart.com/new_cars/overview.php?CarCode=12399

 

Based on $32.7k coe, the basic car cost price is

 

Basic $62k

S $66.7k

Elire $74.2k

 

Based on kmc strategy, they would be willing to secure the car for you if there is at least a margin of 10k.

Well, where you think those bankruptcy cases come from? It's these people that contribute to the numbers.

Those 0% dp cases.. Pay interest until siao.

U have to bear in mind that Cat A COE has increased $6k so obviously price will have to be adjusted.

Obviously, this price is not the lowest. U will have to decide where u see COE going. If u think it will go further up n if u comfortable at this level then just buy.

 

Inversely, if u think COE will come down then just wait but your COE guess is as good as mine.

 

Either way, like all of us, we get decisions right sometimes n wrong other times; canât win them all.

Decision made just live with it n no point crying over spilled milk if wrong, good luck âï¸

Full blown recession is coming.. Coe will have to come down as the full coe drought is not really here yet.

U have to bear in mind that Cat A COE has increased $6k so obviously price will have to be adjusted.

Obviously, this price is not the lowest. U will have to decide where u see COE going. If u think it will go further up n if u comfortable at this level then just buy.

 

Inversely, if u think COE will come down then just wait but your COE guess is as good as mine.

 

Either way, like all of us, we get decisions right sometimes n wrong other times; canât win them all.

Decision made just live with it n no point crying over spilled milk if wrong, good luck âï¸

Full blown recession is coming.. Coe will have to come down as the full coe drought is not really here yet.

[Mkl22]

You can see the latest basic cost price (for the AD) which includes coe from Sgcarmart

 

https://m.sgcarmart.com/new_cars/overview.php?CarCode=12399

 

Based on $32.7k coe, the basic car cost price is

 

Basic $62k

S $66.7k

Elire $74.2k

 

Based on kmc strategy, they would be willing to secure the car for you if there is at least a margin of 10k.

Those 0% dp cases.. Pay interest until siao.

Full blown recession is coming.. Coe will have to come down as the full coe drought is not really here yet.

Full blown recession is coming.. Coe will have to come down as the full coe drought is not really here yet.

The demand might fall but the supply will also drop quite some come 2020. So the coe prices might not fall as much

[ferrytales]

The demand might fall but the supply will also drop quite some come 2020. So the coe prices might not fall as much

Yeah bingo, I'm sure the men in white paid scholars and hired smart people to make projections of coe demand/supply which will maintain the revenue.

 

Coe too low? Cut the quota even more and the price will rise up exponentially.

[Mkl22]

Yeah bingo, I'm sure the men in white paid scholars and hired smart people to make projections of coe demand/supply which will maintain the revenue.

 

Coe too low? Cut the quota even more and the price will rise up exponentially.

Cut quota too much and overall revenue falls. There is a balance.

 

Anyway it’s a formula based quota. Maybe will flip prata and change the calculation again.

Edited August 17, 2019 by Mkl22

[ferrytales]

Cut quota too much and overall revenue falls. There is a balance.

 

Anyway itâs a formula based quota. Maybe will flip prata and change the calculation again.

Quota 1200, coe 25k = revenue 30000k

Quota 1000, coe 30k = revenue 30000k

Quota 800, coe 37.5k = revenue 30000k

 

Wanna earn more? Cut the quota more, it's all demand and supply. In sg, there will always be ppl who can afford to buy a car regardless of coe. Coe 80k, people also buy.

 

Just need to play with the numbers and projection.

Edited August 17, 2019 by ferrytales

[RogerNg_185295]

Yeah bingo, I'm sure the men in white paid scholars and hired smart people to make projections of coe demand/supply which will maintain the revenue.

 

Coe too low? Cut the quota even more and the price will rise up exponentially.

Typical blame pap mentality. What's the point?

[Ivan_06]

Be wary when the telegram group chat starts organizing group buys by one or two person, most of the time they have vested interests.

 

No need to make it too explicit.

[Steven0917]

May I know how much margin KMC looks for Avante. if order at 68k 8 bid NG for basic model, possible to secure in 1~2 round as sales said usually get COE in 1~2 bids?

[iceraider]

22 hours ago, Steven0917 said:

May I know how much margin KMC looks for Avante. if order at 68k 8 bid NG for basic model, possible to secure in 1~2 round as sales said usually get COE in 1~2 bids?

Unless coe drop alot or they are pushing for sales. If not based on current coe range, abit hard to to get in 1-2 round.

Basic avante at current coe is already price near 80k..