Ginyu 4th Gear July 1, 2022 Share July 1, 2022 3 hours ago, mikk123 said: why go dempsey leh? other place got even better food lah😁 Dempsey is not just for the food. They go there to showcase their cars lei 😂 car meetups are held there ↡ Advertisement Link to post Share on other sites More sharing options...
SLing 1st Gear July 1, 2022 Share July 1, 2022 (edited) Please advise: when the COE goes up, AD’s give discounts but do they usually give higher trade-in values for your old car? is it cheaper to buy a new car when COE is high but AD’s give discount & higher trade-in value or cheaper to buy a new car without discount and lower trade-in value? When cars are cheaper, will you only get “paper value” + $1k to $2k? Edited July 1, 2022 by SLing Link to post Share on other sites More sharing options...
awhtc 6th Gear July 3, 2022 Share July 3, 2022 Motor dealers expect COE premiums to break $110k record as early as August SINGAPORE - Car buyers may soon have to deal with certificate of entitlement (COE) prices breaking the $110,500 record set in 1994, with premiums in two categories crossing the six-digit mark in the two latest tender exercises in June. Motor traders are expecting prices to break the 28-year-old record as early as August, based on their projected reduction in the supply of COEs from August to October. As for how far beyond the record premiums can go, their estimations range between $115,000 and $120,000 for the large car category. Few believe - or dare to imagine - that premiums can go beyond that. https://www.straitstimes.com/singapore/transport/motor-dealers-expect-coe-premiums-to-break-110k-record-by-august 1 1 Link to post Share on other sites More sharing options...
awhtc 6th Gear July 4, 2022 Share July 4, 2022 Speculative bidding fuels COE price spiral ... For now, there is no sign of policy intervention. But if nothing is done - and done soon - COE prices look certain to soar well past 1994's record. And individual car buyers will continue to bear the brunt of a wildly cyclical auction which has less to do with supply and demand, and more with greed and manipulation. https://www.straitstimes.com/singapore/transport/speculative-bidding-fuels-coe-price-spiral Link to post Share on other sites More sharing options...
Wt_know Supersonic July 4, 2022 Share July 4, 2022 (edited) TLDR; Edited July 4, 2022 by Wt_know Link to post Share on other sites More sharing options...
Scion Turbocharged July 4, 2022 Share July 4, 2022 relak.... properties and COEs are lagging indicators 😁 Link to post Share on other sites More sharing options...
detached2007 Neutral Newbie July 14, 2022 Share July 14, 2022 Prospective buyer here, hoping to scoop a CAT A within 1 - 1.5 year. We have been grabbing mostly, but feel that a car is quite an essential with a kid coming along. Any insights on COE prices in the coming quarters? Quite disappointed that COE has risen to such levels, I'm quite baffled why are PHV vehicles drawing from the same pool. Link to post Share on other sites More sharing options...
Vratenza Supersonic July 14, 2022 Share July 14, 2022 On 7/1/2022 at 9:11 AM, Tianmo said: I know of someone who was entitled to company car with driver, but she sold the car and let the driver go, and takes uberexec everyday. She said cheaper and more effective, and of course she still gets E class or 5er. This was when Uber was still here. Poor driver... 😕 1 Link to post Share on other sites More sharing options...
Vratenza Supersonic July 14, 2022 Share July 14, 2022 31 minutes ago, detached2007 said: Prospective buyer here, hoping to scoop a CAT A within 1 - 1.5 year. We have been grabbing mostly, but feel that a car is quite an essential with a kid coming along. Any insights on COE prices in the coming quarters? Quite disappointed that COE has risen to such levels, I'm quite baffled why are PHV vehicles drawing from the same pool. Get a 2nd hand good condition car with child safety fearures. 2 Link to post Share on other sites More sharing options...
darviathan 2nd Gear July 14, 2022 Share July 14, 2022 41 minutes ago, detached2007 said: Prospective buyer here, hoping to scoop a CAT A within 1 - 1.5 year. We have been grabbing mostly, but feel that a car is quite an essential with a kid coming along. Any insights on COE prices in the coming quarters? Quite disappointed that COE has risen to such levels, I'm quite baffled why are PHV vehicles drawing from the same pool. Dealers are speculating the next quarter coe will decrease hence price will go up further. News of next quarter quota will be release after next bid. Link to post Share on other sites More sharing options...
Voodooman Supersonic July 14, 2022 Share July 14, 2022 1 hour ago, detached2007 said: Prospective buyer here, hoping to scoop a CAT A within 1 - 1.5 year. We have been grabbing mostly, but feel that a car is quite an essential with a kid coming along. Any insights on COE prices in the coming quarters? Quite disappointed that COE has risen to such levels, I'm quite baffled why are PHV vehicles drawing from the same pool. https://www.lta.gov.sg/content/dam/ltagov/who_we_are/statistics_and_publications/statistics/pdf/M01-03M-Age.pdf With zero growth, the link will tell you the supply going forward. Supply is at its tightest this year and maybe next year (lagging effect) and with demand being super strong with the reopening of the country, you had better budget more and not less. Just buy a used car and swap to a new one when supply is more normalized. It is really simple demand and supply curve, not some rocket science. So those calling for smlj Cat N (for the Needy) have never learnt from 30 years of COE history. Sorry for being brutal. 2 2 Link to post Share on other sites More sharing options...
Benarsenal Turbocharged July 14, 2022 Share July 14, 2022 2 hours ago, detached2007 said: Prospective buyer here, hoping to scoop a CAT A within 1 - 1.5 year. We have been grabbing mostly, but feel that a car is quite an essential with a kid coming along. Any insights on COE prices in the coming quarters? Quite disappointed that COE has risen to such levels, I'm quite baffled why are PHV vehicles drawing from the same pool. Should be remaining high, at least until 2023. 1 Link to post Share on other sites More sharing options...
Fitmugen 5th Gear July 14, 2022 Share July 14, 2022 3 hours ago, detached2007 said: Prospective buyer here, hoping to scoop a CAT A within 1 - 1.5 year. We have been grabbing mostly, but feel that a car is quite an essential with a kid coming along. Any insights on COE prices in the coming quarters? Quite disappointed that COE has risen to such levels, I'm quite baffled why are PHV vehicles drawing from the same pool. Just buy a used 5-year old Japanese/Korean car. During the last cycle, people who bought at $90k COE ended up trading in for a new car when COE dropped back to below $30k. Of course, they lost a lot of money in the process. 1 Link to post Share on other sites More sharing options...
Fitmugen 5th Gear July 14, 2022 Share July 14, 2022 2 hours ago, Voodooman said: https://www.lta.gov.sg/content/dam/ltagov/who_we_are/statistics_and_publications/statistics/pdf/M01-03M-Age.pdf With zero growth, the link will tell you the supply going forward. Supply is at its tightest this year and maybe next year (lagging effect) and with demand being super strong with the reopening of the country, you had better budget more and not less. Just buy a used car and swap to a new one when supply is more normalized. It is really simple demand and supply curve, not some rocket science. So those calling for smlj Cat N (for the Needy) have never learnt from 30 years of COE history. Sorry for being brutal. No such thing as Needy when you can easily Grab or rent from car-sharing platforms 3 Link to post Share on other sites More sharing options...
Vratenza Supersonic July 14, 2022 Share July 14, 2022 2 hours ago, Voodooman said: https://www.lta.gov.sg/content/dam/ltagov/who_we_are/statistics_and_publications/statistics/pdf/M01-03M-Age.pdf With zero growth, the link will tell you the supply going forward. Supply is at its tightest this year and maybe next year (lagging effect) and with demand being super strong with the reopening of the country, you had better budget more and not less. Just buy a used car and swap to a new one when supply is more normalized. It is really simple demand and supply curve, not some rocket science. So those calling for smlj Cat N (for the Needy) have never learnt from 30 years of COE history. Sorry for being brutal. Private car ownership is a want and never a need. And also just because you are a professional does not automatically entitle you to a certificate of entitlement.... 2 3 Link to post Share on other sites More sharing options...
yishunite Turbocharged July 14, 2022 Share July 14, 2022 Heng my car not yet 4 yrs old Link to post Share on other sites More sharing options...
Jamesc Hypersonic July 15, 2022 Share July 15, 2022 Change frens. My frens all eat hawker centre one. This kind of frens no stress no need to show off. On 7/1/2022 at 8:33 AM, Ginyu said: Aiya no need to think so much, just get the car with 10 year loan .Your friends are all driving and they jio u makan at Dempsey you take bus and walk, very lao kui one lei 😂 2 Link to post Share on other sites More sharing options...
Jamesc Hypersonic July 15, 2022 Share July 15, 2022 13 hours ago, Vratenza said: Get a 2nd hand good condition car with child safety fearures. I heard jamesc used cars got. ↡ Advertisement Link to post Share on other sites More sharing options...
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