Car prices rise as COE rebound looms

[Ahyoo2002]

from carbuyer:

 

http://www.carbuyer.com.sg/?s=news_main&id=291

 

ALL ACROSS THE island, car prices are going up.

 

Following the crash in premiums in February

[Apollo]

historic low is when coe is <$1000 whoever wrote tat oughta b

Edited March 2, 2007 by Apollo

[Toyo]

Is $101 the lowest?

[Fortress]

Am interested if this is a ploy to get more business by saying that....let's see how the stock market perform...

[Rickster]

It seems to me that the COE prices is manipulated by the dealers and its a ploy to get the COE down so as to "create" another car buying frenzy.

[Rickster]

I think it ever hit as low as $1 before.

[Fortress]

You are probably right. Just like the coffee shop raising the price, "they are not in collusion"...

[Kanr]

Thought S$50.00

[Unic]

historic low is when coe is <$1000 whoever wrote tat oughta b

 

He should say " histroic low for open COE bidding"

[Toyo]

$1 shld be the lowest liao. but will it ever hit $1?

[Flee]

with so much demand, think the COE sure go up...maybe around $10k. Saw in yesterday's papers, the rebate level is set at 9K for some makes. Car dealers will prob bid higher for the COE liao.

[Guyver]

Is $101 the lowest?

 

No .. lowest is $50...

[Vesfreq]

Cannot trust these people. Last year, coe 9k said to be the lowest coe in recent years. This year 5k. After this round, demand will gradually tapper off and the coe tumble again. Just like 2006.

[Guest Julio369]

Media is manipulated to create a buying frenzy. If not, AD & PI how to survive???

 

Look at the way our news presenting the COE price, for an increase/ decrease of say $400, they report it as if very drrastic change. wtf is a few hundred dollars for a 50K+ car ???

[Lengendcf]

Thought S$50.00

 

$50 is for Cat B's COEs. For Cat A's COEs, the lowest is $101..

[Fortress]

guess you are right....however, not many see that and changed for the purpose of changing a car at a "lower" price.

[Liping24]

Heard my mum mentioned that two of my uncles decided to cancel their car purchase because the last three days they lost big time on the stock market.

 

So I guess, the demand will be controlled this time round by the stock market conditions.

Which means...maybe after 4biddings..after this peak demands has being met....the price will start to decline once again.

[Toyo]

with so much demand, think the COE sure go up...maybe around $10k. Saw in yesterday's papers, the rebate level is set at 9K for some makes. Car dealers will prob bid higher for the COE liao.

 

expected to go up. maybe sone buyers have to top up in order to secure the COE