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#221

Posted 16 December 2018 - 04:36 PM

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Avante bidding gonna come in this round? Any chance of coe not increasing?

Dont think the avante will have great effect on the coming coe, since kmc just continue selling this car like the elantra.
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#222

Posted 16 December 2018 - 09:28 PM

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Dont think the avante will have great effect on the coming coe, since kmc just continue selling this car like the elantra.

Ermmm... I think will hv some effect leh... coz they hv been collecting pre-launch orders since early Nov. I'm not sure how many pre-launch orders they hv... but it means there r backlogs for them to clear this time round. Plus I'm pretty sure they will also hv new orders over this weekend. So definitely will hv some effect on Dec 2nd bidding... maybe even overflow to Jan if their pre-launch is so successful.

My guess is at best it will stay in the range of 25k.
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#223

Posted 16 December 2018 - 09:44 PM

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ehhh were cars ever $500,000 or $1 M? [:p] [:/]

Anyway I waiting to move in for my Honda City [inlove] [laugh]. Maybe Christmas 2019 I still posting this [:p]

I thought u always wanted manual?

#224

Posted 16 December 2018 - 09:50 PM

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I thought u always wanted manual?

Yup. Driving one now. Just that low coe makes it tempting to change cars.

My original plan is to keep the manual for 4 years then change but now coe is so low....

Why 4 years cos of PARF which is highest before 5 years and from experience Korean cars after 4 years need to undergo expensive repairs liao.

#225

Posted 17 December 2018 - 12:10 AM

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Yup. Driving one now. Just that low coe makes it tempting to change cars.

My original plan is to keep the manual for 4 years then change but now coe is so low....

Why 4 years cos of PARF which is highest before 5 years and from experience Korean cars after 4 years need to undergo expensive repairs liao.

 

So which color you bought?


Dream car: Lamborghini Murcielago 6.2

#226

Posted 17 December 2018 - 02:21 AM

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So which color you bought?

White. You talking about the accent right?

#227

Posted 17 December 2018 - 08:40 AM

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Any thoughts on the next coe this week? Up or down?
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#228

Posted 17 December 2018 - 08:45 AM

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Yup. Driving one now. Just that low coe makes it tempting to change cars.

My original plan is to keep the manual for 4 years then change but now coe is so low....

Why 4 years cos of PARF which is highest before 5 years and from experience Korean cars after 4 years need to undergo expensive repairs liao.

It’s only minimal diff in parf. 5% of arf paid is 1-2k at most.

#229

Posted 17 December 2018 - 08:49 AM

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Yup. Driving one now. Just that low coe makes it tempting to change cars.

My original plan is to keep the manual for 4 years then change but now coe is so low....

Why 4 years cos of PARF which is highest before 5 years and from experience Korean cars after 4 years need to undergo expensive repairs liao.

U willing to stomach super high loss?
They might only take in your car at scrap plus a few k.

Reasons:
Accent doesn't sell
Manual doesn't sell
Coe falling

Edited by Friendstar, 17 December 2018 - 08:51 AM.


#230

Posted 17 December 2018 - 09:05 AM

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Any thoughts on the next coe this week? Up or down?

Predict between 23568 and 25000

2019: https://www.channeln...owdown-11038052

Edited by assiak71, 17 December 2018 - 09:18 AM.

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#231

Posted 17 December 2018 - 09:11 AM

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are the car showrooms crowded last weekend? :D



#232

Posted 17 December 2018 - 09:35 AM

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are the car showrooms crowded last weekend? :D

 

ya super crowded

 

i mean both Woodland and Tuas checkpoint

 

so many sinkies ghost jb

 

u say car showrooms crowded or not ??


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#233

Posted 17 December 2018 - 09:44 AM

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U willing to stomach super high loss?
They might only take in your car at scrap plus a few k.

Reasons:
Accent doesn't sell
Manual doesn't sell
Coe falling

The loss I can stomach if I really want the car. Right now I want the car not to the "really" level yet.

Right now if I have money for the downpayment I throw it into unit trusts for passive income. And with less money in my bank account, thr temptation to spend is not there.

When I really want it then I will buy. There is an even chance next year Christmas I will still be posting on this.
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#234

Posted 17 December 2018 - 09:58 AM

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The loss I can stomach if I really want the car. Right now I want the car not to the "really" level yet.

Right now if I have money for the downpayment I throw it into unit trusts for passive income. And with less money in my bank account, thr temptation to spend is not there.

When I really want it then I will buy. There is an even chance next year Christmas I will still be posting on this.

Wise decision Philip. By the way, if one will to buy new at high COE cycle and buy new again around 10 years time during the next high cycle, the average annual depreciation over 20 years may be higher than one who buy high, cut loss half way to buy a new one at lower COE like now.
It all depends on how much one pays for the two cars in total, you may want to do some simulation and see if your case fits the scenario described.

#235

Posted 17 December 2018 - 12:14 PM

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As always the case, in a falling COE climate, the group that enjoy the most are those with cars at 9/10 yr old, and those with COE renewed.


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#236

Posted 17 December 2018 - 12:20 PM

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Expect Cat A to correct to $20k by early next year.

China's economy losing steam

DONGGUAN (China) • China's consumers and businesses are losing confidence. Car sales have plunged. The housing market is stumbling. Some factories are letting workers off for the Chinese New Year holiday two months early.

China's economy has slowed sharply in recent months, presenting perhaps the biggest challenge to President Xi Jinping in his six years of rule.

https://www.straitst...am?xtor=CS11-86


Good insights!! Love reading your tips!!

#237

Posted 17 December 2018 - 01:13 PM

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Those with COE renewed already lose the parf value. What is there to enjoy?

As always the case, in a falling COE climate, the group that enjoy the most are those with cars at 9/10 yr old, and those with COE renewed.

 



#238

Posted 17 December 2018 - 02:14 PM

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$20k coe???
time to change car ... huat ah!

#239

Posted 17 December 2018 - 05:30 PM

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Those with COE renewed already lose the parf value. What is there to enjoy?

Lose parf consider good liao. How much is typical parf? Let say 6 to 10k lah, compared to those bot at high coe and now fetch only paper+body, which is worse?


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