Will you change or buying new car with current COE/price?

[Sgnick]

Will COE drop drastically during Chinese 7th month?

[Zacer]

When The 1st few batches of drivers who bought their car with 10yr loan. it be much harder for them to change car as COE Quota lower car PRice surge.

[Hiphiphoray]

$30K also consider low as compare to $100K ( did it hit $100K before? )

 

My car is $30K COE one

 

I think few months ago, a brand new OPC Lancer cost 27k only....even cheaper than yr piece of paper.

[Ahyoo2002]

Hi,

 

With the current high COE and car price, I am wonder any bro here still go ahead with their plan to change their car or buying new rides.

If not urgently in need to get a car, wait for 1 year or so and I believe the COE will drop again...

 

One year a bit long leh

[Ahyoo2002]

[Ahyoo2002]

if less people going in, COE will go down right?

[Roh96]

Due to backlog and reduced quota we will not see the effect so fast.

[Roh96]

Btw, how old is your current ride and how long have you been monitoring the COE?

[Ahyoo2002]

let's see how much the COE next month after all the people who book in Feb has gotten their ride or deposit back

[Ahyoo2002]

$30K COE is quite easy to guess

 

More than 5 years liao

[Chowyunfatt]

I cannot agree better...Most of the people in Singapore take too much loan for a car...

Edited May 11, 2007 by Chowyunfatt

[Chucky2007]

no diff to me.. my COE 19k.. current level still lower than mine

[Ahyoo2002]

I mean whether the current price will affect ur decision to buy.

[Ahyoo2002]

All using future money, even for house too

[Ahyoo2002]

Any more votes?

[Russ]

My car only 20 months old. Too new to change...

[Princey_anne]

Nope I will not change cos mine be only 11 months and I hardly drive it as I am out station.

[Vit4wd]

People in their 30 or older will change as they been thru those super high COE. Abt 8 yrs ago a Honda Civic SIR cost $133k! So now even at this COE price it is still acceptable.

 

Beside this grp of people have more earning power so make is easier for them to change.

 

Cars may be cheaper to buy but are now more expensive to run. The ERP (Electronic Road Pricing) fees will kill you.

 

ERP fees alone, from the suburbs to town (eg. Ang Mo Kio to Shenton Way) can set you back by S$10.

 

But this is a fairer system. You pay only when you drive.

 

So many people can afford to buy cars and keep them at home to admire.