COE results ha ha...if drop means...in time to come prop price will drop...
history will repeat itself....
stay tuned...
COE results ha ha...if drop means...in time to come prop price will drop...
history will repeat itself....
stay tuned...
Do you mean COV & not COE for car?Originally Posted by radha08
COE for car...somehow car and property and sharemarket all linked same people involved....
http://www.onemotoring.com.sg/1m/coe/coeDetail.html
ha ha 5% drop...
http://www.onemotoring.com.sg/1m/coe/coeDetail.html
slow n steady
Still so ex....for the price of the cat B coe of 65k now I could buy a Nissan Sylphy 1.5L last time.
Similar to bro Radha, I am awaiting for COE to drop also...but to buy a new car...Originally Posted by azeoprop
Coe dips in nov/dec and CNY period is normal, nothing to cheer about.Originally Posted by radha08
If only life is so simple COE down property price down.Originally Posted by radha08
i waiting to extend my 2 cars...one due 2014 other 2016...if coe drop to 10k...extend another 10 years and laugh...Originally Posted by Spunk
trust me coming soon its all the same $$$ that are chasing car house and stocks...Originally Posted by Arcachon
Get ready for 2nd car ABSD my friendOriginally Posted by radha08
"how can the foreigners and rich PRs buy so many luxury cars where born and bred Singaporean's cannot even afford the COE ? Gov must ensure Singaporean's needs are met first ! "
Originally Posted by amk
I doubt so they know...dont forget they have been gettiing millions for how many years and already lost touch of the ground what is happening...till now lost a few seats and suddenly all wake up...
extend? why not get a new model instead?Originally Posted by radha08
Partly right. But, more to do with economic sentiments. I would think that with all the CMs put on properties, the $$ would be diverted to cars instead.Originally Posted by radha08
Anyway, COE unlikely to fall to pre 2009 levels barring any major economic recession. Supply will be reduced from 2012 onwards.
1. Vehicle growth will be cut from 1.5% annually to 1% in 2012.
2. The 1% growth will be front loaded i.e. 1.5% growth from Feb 2012 to July 2012 and 0.5% growth from Aug 2012 to Jan 2013.
3. There will be an adjustment of -7,981 COEs from Aug 2011 to Jan 2014 due to over projections in the years 2008 and 2009.
4. Growth rate likely to be 0.5% or even 0% in the near future.
5. Like minded people like you find COE too expensive, so extend instead thereby reducing supply pool even further. Haha.
Cars are luxury items, so unlikely any CMs for cars..
Last edited by fclim; 05-01-12 at 23:15.
Cars are luxury items, why condos are not luxury items ?
I never say condos are not luxury items. CMs are to curb the property bubble and prevent hot money speculating in properties. It's not gahmen intention to make condos affordable. Gahmen only ensures HDBs remain affordable.Originally Posted by amk
I will get two cars in Malaysia when I move over, one BMW 5 series, and MB 250, all below S$100,000, no govt tax, no COE, no need to scrap at 10 years and run on disel without disel tax....
But, having said that, if cars get too expensive, gahmen may impose maximum 80% loan, not because they want to bring down the prices of cars and make them more affordable, but to prevent people from over stretching their finances.
one of most important lesson i learned in life...is never buy new car...car is liability...i dont do business i drive car to work an fetch family...simple japanese car enough...got $$$ dump into property...Originally Posted by august
dont forget to buy insuarance for THEFT...Originally Posted by Laguna
cause car is exclusive i.e luxury u buy u sit u drive...nobody can touch...so luxury...but condo u buy u rent...everybody can stay so no luxury...Originally Posted by amk
actually one is my wife car but put under my name...Originally Posted by amk
One of the most important lesson I learnt in life is timing. I bought a new car 3 years ago. Today, I sold it at exactly the same price that I bought. So free usage for 3 years... hahahhaOriginally Posted by radha08
[QUOTE=fclim]One of the most important lesson I learnt in life is timing. I bought a new car 3 years ago. Today, I sold it at exactly the same price that I bought. So free usage for 3
Pity the guy who bought from you....ha ha
[quote=radha08]Why? Maybe 3 years later, he can sell at the same price that he bought? heheOriginally Posted by fclim
[QUOTE=fclim]NOOOOOO.......Originally Posted by radha08
How to change new car like this
[quote=fclim]there is only 1 winner..GoVt...Originally Posted by radha08
which car?Originally Posted by fclim
Yup same here, bought 3 years ago COE was only 1K.Originally Posted by fclim
Now if sell I can even make money.
But after selling have to buy another which is so expensive.
So after you sell, you buy another car ?
Hehe. Many cars, esp those bot in Jan 2009. COE $200 only. E.g., Brand New Camry 2.0 costs $79k in Jan 2009. Now, Jan 2009 Camry 2.0 selling $87K or $88K. Sell to dealer about $79k.Originally Posted by kane
Last edited by fclim; 07-01-12 at 00:42.