Jump to content
MCF HangOut X Lexus – 9 May 2024, Lexus Boutique ×

Showrooms not opening in Phase 1. What about COE?

Lotr

By Lotr,
in General Car Discussion

 Share

Recommended Posts

Philipkee

Philipkee

Twincharged
On 5/27/2020 at 12:29 PM, Jumpmanz said:

I was quite shocked at the figures too. Dont know real a not. They never mentioned source or how they come up to that figure.

Why shocked? Probably the buyers are from MCF.  And they pay full cash :D

Link to post
Share on other sites
Mockngbrd

Mockngbrd

Supersonic
On 5/27/2020 at 1:16 PM, Toeknee_33 said:

I guess its down to how a "luxury car" is defined.

In SGCM, Camry, Mazda6, and Audi A3 1.0L are all listed as luxury sedans.

So, taking an average transaction price of $200K, $17M means 85 cars a day, or about 2500 cars per month. Not inconceivable.

In Jan-2020 where 5000 cars were registered, Audi/BMW/Merc alone already accounted for 1500 of them. 

Just throw in a few fellali, lambotghjini, etc etc can liao. 

Link to post
Share on other sites
inlinesix

inlinesix

Supersonic
8 minutes ago, Newbie26 said:

no prices listed.

how to know if lelong prices?

How do I know?
I post the link for anyone interested

  • Praise 1
Link to post
Share on other sites
yishunite

yishunite

Turbocharged
On 5/27/2020 at 12:29 PM, Jumpmanz said:

I was quite shocked at the figures too. Dont know real a not. They never mentioned source or how they come up to that figure.

Turnover isnt really a good sign of anything since more than half is tax and luxury market is super low volume for all that ... i.e. just a few rich people get richer selling luxury cars, imptce to economy not that big a deal imo

Link to post
Share on other sites
Freeder

Freeder

Hypersonic
11 hours ago, inlinesix said:

How do I know?
I post the link for anyone interested

U post every BMW Links..

So how do I know too?

  • Praise 1
  • Haha! 1
Link to post
Share on other sites
Mkl22

Mkl22

Twincharged
20 minutes ago, Freeder said:

U post every BMW Links..

So how do I know too?

Bmw siao. Everything bmw is good. 

Link to post
Share on other sites
Dna_engine

Dna_engine

3rd Gear
53 minutes ago, Freeder said:

FYI, no 540 on sale..

DLLM.

There are quite a few 640 on sale if you can live with 2 rear passenger seats.

Link to post
Share on other sites
Voodooman

Voodooman

Supersonic
On 5/23/2020 at 9:32 PM, Htancl said:

From end Mar until end May, there should be sufficient sales to prevent a crash of COEs mah. 

COE price should weaken but will CVC recommendation push up demand in SG? 

With taxi and grab ridership increase?

https://www.ecowatch.com/cdc-office-guidelines-coronavirus-2646124529.html

One of the most striking features of the recommendations is that they upend years of environmental activism that urged people to take public transportation or car-pool. The new recommendations suggest avoiding public transportation and driving to work alone, as The New York Times reported.

The CDC's new recommendations suggest making this cost-effective. "Offer employees incentives to use forms of transportation that minimize close contact with others, such as offering reimbursement for parking for commuting to work alone or single-occupancy rides," the guidelines say.

Link to post
Share on other sites
Ginyu

Ginyu

4th Gear
(edited)

coe will weaken while income still remain strong during difficult times?🤣

Edited by Ginyu
Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share
Go to topic listing
×
×
  • Create New...