Solar Turbocharged June 9, 2017 Share June 9, 2017 When COE drops by a few k, the premium marks will leh long their cars at lower price, what you would see next is their showrooms will be crowded like jurong fishery market. dont ever expect COE to crash. COE may fall a few k but the word crash is not in the LTA and MOF vocabulary.Don't forget also.. If u hold an existing car, it's trade in value also drops.My observation in the past few cycles. So net net it doesn't make any much difference even if the price of new car goes down. This fall is good for those without car, or with car but is going for scrap soon ↡ Advertisement 1 Link to post Share on other sites More sharing options...
Kzone 3rd Gear June 9, 2017 Share June 9, 2017 Don't forget also.. If u hold an existing car, it's trade in value also drops. My observation in the past few cycles. So net net it doesn't make any much difference even if the price of new car goes down. This fall is good for those without car, or with car but is going for scrap soon The problem in a downward COE market is that, your car price is pegged to the COE price at the time of booking. While waiting for your car, COE continues to drop. The value of your existing car also continues to drop. When you finally get your car 2-3 months later, both the value of your new car and your current car that you want to sell off has gone down. Link to post Share on other sites More sharing options...
Mockngbrd Supersonic June 9, 2017 Share June 9, 2017 The problem in a downward COE market is that, your car price is pegged to the COE price at the time of booking. er not always. Link to post Share on other sites More sharing options...
Solar Turbocharged June 9, 2017 Share June 9, 2017 The problem in a downward COE market is that, your car price is pegged to the COE price at the time of booking. While waiting for your car, COE continues to drop. The value of your existing car also continues to drop. When you finally get your car 2-3 months later, both the value of your new car and your current car that you want to sell off has gone down. My observation it's not like that wor.. few times the coe went down a few k within a few bidding cycles and my car trade-in value also dropped a few k. A car can't simply depreciate a few k in just 1 month.. It's not a lambo for that matter, just a bread and butter car. If it's going at that rate my car would have gone to zero within a few years already Link to post Share on other sites More sharing options...
No_worries 6th Gear June 10, 2017 Share June 10, 2017 Buying at today's prices but getting yesterday's technology. Not a wise move. Why are ppl panicking and spreading unfounded rumours over Euro 6 emissions standard? I'm starting to find it ridiculous. I read about what "Euro 6 petrol" and now this crap. I wonder what ppl will come out with next to scare themselves. Ownself panic ownself. 10 years ago Camry owners bought the car at what price? Barely 100K I think 80+K. Now? 140K. Who will buy? Last year before the Euro 6 news was announce do you see a lot of buyers of such cars? What you see are a lot of $100K worth of Vezels. Link to post Share on other sites More sharing options...
Privacy 5th Gear June 12, 2017 Share June 12, 2017 euro 6 or not....don't think coe will shoot up anytime soon... its alway pegged to sg economy... and don't think anyone will say it's great at the moment.... Link to post Share on other sites More sharing options...
Ingenius Turbocharged June 12, 2017 Share June 12, 2017 (edited) euro 6 or not....don't think coe will shoot up anytime soon... its alway pegged to sg economy... and don't think anyone will say it's great at the moment....Since as long ago as I can remember, people have been saying the economy no good. But it is forever "going to" that's all, and coe price is staying as high. Edited June 12, 2017 by Ingenius 3 Link to post Share on other sites More sharing options...
Privacy 5th Gear June 12, 2017 Share June 12, 2017 Since as long ago as I can remember, people have been saying the economy no good. But it is forever "going to" that's all, and coe price is staying as high.hope u r right.... my car is pretty new... painful to see coe drop too much haha Link to post Share on other sites More sharing options...
Squeaky 1st Gear June 13, 2017 Share June 13, 2017 hope u r right.... my car is pretty new... painful to see coe drop too much hahaAfter u buy your car, just tune out the coe fluctuations. Instead, enjoy it! Unless u are the type that constantly change cars.... Link to post Share on other sites More sharing options...
doraemon69sg 1st Gear June 13, 2017 Share June 13, 2017 Will wait, monitor closely and decide. My car COE going to expire in Feb 2019, worst scenario, if car prices is still at rocket high, then will take public transport, hopefully by then almost all MRT issues would have been solved. 1 Link to post Share on other sites More sharing options...
Privacy 5th Gear June 13, 2017 Share June 13, 2017 After u buy your car, just tune out the coe fluctuations. Instead, enjoy it! Unless u are the type that constantly change cars.... yes. the longest ownership is 3yrs Link to post Share on other sites More sharing options...
Ct3833 Supersonic June 13, 2017 Share June 13, 2017 Will wait, monitor closely and decide. My car COE going to expire in Feb 2019, worst scenario, if car prices is still at rocket high, then will take public transport, hopefully by then almost all MRT issues would have been solved.My car COE expiring end this month. Sweat! Link to post Share on other sites More sharing options...
Squeaky 1st Gear June 13, 2017 Share June 13, 2017 yes. the longest ownership is 3yrsU must be rich... Link to post Share on other sites More sharing options...
Bismarck Turbocharged June 13, 2017 Share June 13, 2017 After u buy your car, just tune out the coe fluctuations. Instead, enjoy it! Unless u are the type that constantly change cars.... Nah, usually new car owners will hope COE remain high. Do you think those who bought their new car will bother to cheer for others getting their COE at lower price or even organise meet ups? Where to find such boliao guy around here in this forum?? If yes please post his big name here [laugh] Link to post Share on other sites More sharing options...
Mockngbrd Supersonic June 14, 2017 Share June 14, 2017 I'm going to save up to buy a new car one day.... overseas... Link to post Share on other sites More sharing options...
Spurman Supercharged June 14, 2017 Share June 14, 2017 Some guys mentioned harrier from bm. 100plus bookings mah... cat b huat leh Link to post Share on other sites More sharing options...
TangoElite 6th Gear June 14, 2017 Share June 14, 2017 Some guys mentioned harrier from bm. 100plus bookings mah... cat b huat leh yes saw it too, but no price list, or options list, or colour list, already got 100 confirmed bookings, what if BM charge 250k?? find it very hard to believe Link to post Share on other sites More sharing options...
Kia7200 5th Gear June 14, 2017 Share June 14, 2017 Maybe those model r not popular, most ppl prefer suv. Who wana spend $130k ++ to get a made in thailand old fashion Camry? ↡ Advertisement Link to post Share on other sites More sharing options...
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