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How low will COE drop in second half of 2020?

pvtpublic

Alfrescian
Loyal
Only SIA is own born blood related child.
the rest of Singapore company are adopted child.
no matter good time or bad time, adopted child has to fend of themselves to proof to others Singapore is open economic.
but when come to citizen, citizen are treated as adopted child as not happy you can always leave Singapore (migrate)
the foreigner especially from India, PRC, Philippine.....are treated as own blood line, even though most will take Singapore as stepping stone to other western country or go back to their mother land.

Yes I always remember GCT say, are you a stayer or a quitter?

I will never quit my country.
 

gingerlyn

Alfrescian (Inf)
Asset
You are such a loser bastard

Carbon Emission tax increased the prices of our car in 2020. We can hardly find few 4-wheels to qualify for the best CEVS tier.

Will LTA be releasing all unsold quota in April and May in the second half of 2020 (to be fair and transparent)?
Nevertheless, COVID is expected to sink COE and offset the CEVS cost in second half of 2020.

It is not a good time to buy a car now
  • PI Car agents can't give you a fair price. What if COE crashes to $10K or $2, seriously they are not going to refund your COE.
  • If Authorized Distributors have any spare COEs, they can only work using older rates (this is their cost), so this will drive you mad if COE crashes in the next few months.
  • Even for resale cars, LTA is like closed for business due to CB. Are you sure you want to buy that older car with underlying $90K COE from SKF era to current $30K+?
  • With numerous cars floating in the sea and global crash in automotive sales, what makes you think that OMV will be increasing in the second half of 2020 (unless government hikes taxes)?
  • Last but not least, current car loan rates is like 2.2-2.4%pa. As housing loans and business loan costs have dropped, if you can wait til a few months later, wouldn't there be more promotion-rates like 1.88%, 1.68% or even 1.48% appearing?

Please wait a while.
 

gingerlyn

Alfrescian (Inf)
Asset
Sore loser bastard.



I project CAT B prices to be below $10K, because bidders must be willing to fork out over $100K for a good CAT B car.

CAT A will also drop but hard to say whether it will be $20K, $15K or $10k. Kah Motors Honda also started to sell cars to the first COE bidding after COE, by pricing their cars without COE. CAT A cars are more affordable so I believe many will make a bid to try their luck.
 

gingerlyn

Alfrescian (Inf)
Asset
SINGAPORE: Certificate of Entitlement (COE) prices closed mostly higher in the latest bidding exercise on Wednesday (Apr 6).

For Category A cars - or those 1,600cc and below with horsepower not exceeding 130bhp - premiums closed at S$72,996, up from S$71,556 in the previous tender.
 

Confuseous

Alfrescian (Inf)
Asset
Prices will go up. Further. Reduced numbers across all categories.
Reclassification of electric cars will make the cheapest COEs to go up.
Huat ah.
 
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