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145 replies to this topic | 409 praises

#141

Posted 13 May 2019 - 06:09 AM

Twich
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A bread & butter car now can be used an an interim PHV during a job loss.

Yes. But, there are other jobs. For example, bus drivers, lorry drivers, nurses and etc. Not long term. No CPF, no medical issurance and etc. And a lot of smokers.
Next generation of GPSS ERP is coming.

Edited by Twich, 13 May 2019 - 06:19 AM.


#142

Posted 13 May 2019 - 09:16 AM

Ct3833
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Did you read the news? Trade War...this war will not disappear for the next few years.
Better your worry your jobs than COE.
Unless you have half a million in your accounts.

COE is a demand higher than supply trade, there will always be people with half a million in their pocket to buy car. Morover government have absolute control of the surrounding mechanism like loan etc, they won allow COE price to drop too low to impact their more than 10% revenue, so hoping that COE will drop is unlikely.

#143

Posted 13 May 2019 - 09:51 AM

Lotr
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COE is a demand higher than supply trade, there will always be people with half a million in their pocket to buy car. Morover government have absolute control of the surrounding mechanism like loan etc, they won allow COE price to drop too low to impact their more than 10% revenue, so hoping that COE will drop is unlikely.

Some people just buy car with a regular income and enough for dp. Not necessarily have half mil in pocket, unless considering house

#144

Posted 13 May 2019 - 10:14 AM

Twich
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COE is a demand higher than supply trade, there will always be people with half a million in their pocket to buy car. Morover government have absolute control of the surrounding mechanism like loan etc, they won allow COE price to drop too low to impact their more than 10% revenue, so hoping that COE will drop is unlikely.

Better worry your jobs than COE. Unless you have half a million in your saving account.
Remember the 10 years economic cycle. Anyway, good luck to you.
Albeniz and Jamesc praised this

#145

Posted 28 May 2019 - 05:52 PM

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10 year or 7 year lai Leow..little bird.. many retrenchment rumours expected in the next half year-9 mths.

#146

Posted 28 May 2019 - 08:35 PM

awhtc
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If COE is too low, VES is likely to go up to compensate for the loss in revenue.

 

Hence, it is better to make use of this 1 more week of window to lock in the low Cat A car price if one needs a car for family or work.

 

Next COE tender is very likely to rebound.




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