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Increasing Price after COE release


Fitnessbuff
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I remember there was another thread here

I am a young man getting married and flats so ex.

All you old people bought so cheap 

should help us young people out lah

and sell us at a low price.

:D

When this person grows old and wants to sell

he will sell at a low price to a young person

that is just starting out in life or not?

If got when my kids get married I tell them

go and buy from you!

 

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12 minutes ago, Dp26 said:

Just overly concerned about a friend actually. 
The reason why he comes to me is because I’m in financial advisory. 
 

But guess once the problem was solved, he forget much already about his own habits and history. 

Financial “advisors” are basically asking me to let them invest my money. Grow my wealth. Bla bla bla. But no financial advisor advised me to go all in for DBS in June 2020 because if I did I would have made 50% on my investment.

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Everyone when buy wants low price

and when sell wants high price

Does this mean every human is despicable and inhumane?

:D 

19 hours ago, Fitnessbuff said:

2nd hand car dealer always increases their price after COE released.

Example Sienta standard increase from $8k plus yearly to $9200 then best, after COE release become $9800 up. 

Now at this type of situation, some of us need vehicle for work purpose to earn a living and they do such things. 

Dont you think it is despicable and inhumane of them. 

 

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24 minutes ago, Dp26 said:

Not I don’t look him up but if you see it from where I’m coming from, he can easily save/invest/grow his money also! 
He have the means but can’t conjure up the ability! 

Haha

What if something happens to him tomorrow?

Then his wife and MIL will spend all his money!

:D

 

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1 hour ago, Jamesc said:

Cleared his CC debt of 50k very quickly?

This fella is Asai one!

:a-m1212:

Why no look him up?

If 50k is sup sup sway for him what is 180k?

Next time ask your fren come my shop buy car from me.

I don't like those complain car so ex one customers!

Maybe the fella cleared debt by borrowing more from ah long? 

Come to think of it, that's only a bad idea if he had to pay the ah long back.

But if he managed to cheat the ah long and not pay them back, then he's a genius and a wonderful citizen.

After all, we all kpkb about these blardy ah longs spamming our phones lah, defacing property lah...if can really cheat them and escape, that's super zai and god mode. Must salute. Right? 😁

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I admit I am selfish but really happy about the COE increase haha. My 1.5 year old and 0.5 year old cars were bought when COE was at 30k and 40k level, cat B. So now for nothing paper gain of 90k already. Definitely cannot realise this gain if sell both cars away now, but definitely will not be at a loss haha. If lucky change cars at right time, who says sure lose money haha. So now is itchy backside evaluating my family needs if want to downgrade to smaller cars though most likely will still stick to them.

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3 hours ago, Macrosszero said:

Financial “advisors” are basically asking me to let them invest my money. Grow my wealth. Bla bla bla. But no financial advisor advised me to go all in for DBS in June 2020 because if I did I would have made 50% on my investment.

Hopefully u will find one that will meet your expectations soon. 
 

but think also difficult la. Anyone that tells u to go all in DBS in March u will follow? All in? 

Anyone that tells me all in anything not an advisor also la. 

someone tells me all in DBS then i will ask why nvr all in ETH BTC etc… 

 

 

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2 hours ago, Jamesc said:

Haha

What if something happens to him tomorrow?

Then his wife and MIL will spend all his money!

:D

 

But my wife and MIL already spending my money!! 
 

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10 hours ago, BabyBlade said:

80k COE, you have every right to complain. If one is happily paying for 80K COE, then there's something very wrong up there (in one's head). Lol.

I did fail my last psychiatric evaluation.

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Even if coe goes up to 80k, don't think that your used car can fetch ten or twenty thousand more. At most is 1k or two. And to buy another car, is a different story.  But for those with car, we should just be glad that we don't have to buy one now. 

Edited by Ingenius
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People are not buying when COE goes up.

COE goes up because people are buying!

:D

People control COE

COE does not control people.

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5 hours ago, currypuff said:

Wonder will ppl still buy since coe went up and new car prices have increased? Think average went up about 5 to 7k

Not true. I just book a cat b car last week. Right after the recent coe bid, AD just raised the same car selling price by 16k, although coe raised 10k

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On 10/22/2021 at 10:30 PM, Macrosszero said:

“Need” to travel got many choices aside from a Sienta:

- walk or jog 

- bicycle or ebike 

- motorbike 

- bus

- MRT

- PHV

When did a private vehicle become a need, unless you added your own wants into the mix? And if the delta of ~$2,000 prevents your car ownership plans then save up or work harder.

Sorry but hard truths.

If he really need mpv got other choice to choose what.

Got COE odyssey at 6.5k depre, got PARF Mobilio at 9k depre, got APV at 30+k for 6k depre.

IMG_20211025_205438.jpg

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Willing buyer willing seller, self-driven by market forces

Every 10k increase in COE is just 1k a year (~$83 a month)

Didn't you just spend $83 on a dinner at a random restaurant last weekend?

If one really "needs" a car, one would find his way to achieve it (Hopefully in a financially responsible way)

Cheers 😀🚗

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On 10/25/2021 at 8:55 PM, Brass said:

If he really need mpv got other choice to choose what.

Got COE odyssey at 6.5k depre, got PARF Mobilio at 9k depre, got APV at 30+k for 6k depre.

IMG_20211025_205438.jpg

hai what a senseless quote by this guy who is being chauffeured around... so sad the old guard who were humble and had a servant heart no longer around...

Edited by yellowshaun
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