Ferraricalifornia 1st Gear April 7, 2010 Share April 7, 2010 hi one and all.... i suppose with yet another increased in COE prices, Picanto now starts from S$66,999 Auto@S$69,999 which is just a dollar short from S$70k... Forte 1.6EX M now starts from S$71,999 1.6SX M at S$76,999 Auto SX@S$79,999 Forte 2.0SX A@S$100,999??? ($10k increased from the last round) the price gap between the 1.6L and 2.0L models have now gone to at least $20k.... ↡ Advertisement Link to post Share on other sites More sharing options...
Tigershark1976 Turbocharged April 8, 2010 Share April 8, 2010 hi one and all.... i suppose with yet another increased in COE prices, Picanto now starts from S$66,999 Auto@S$69,999 which is just a dollar short from S$70k... Forte 1.6EX M now starts from S$71,999 1.6SX M at S$76,999 Auto SX@S$79,999 Forte 2.0SX A@S$100,999??? ($10k increased from the last round) the price gap between the 1.6L and 2.0L models have now gone to at least $20k.... crazy price... very soon, it will go back to the nineties.... even entry level korean car will be touching 6 figures.. Link to post Share on other sites More sharing options...
Pitpot Neutral Newbie April 8, 2010 Share April 8, 2010 100K for a Korean car... Madness! 2yrs+ back 100K can get an entry level Evo X from PI... Or even CTR... Crazy crazy!!! Link to post Share on other sites More sharing options...
Ferraricalifornia 1st Gear April 8, 2010 Author Share April 8, 2010 well, Sorento 2.4SX now@$125,999 i think.... Cheers!! Link to post Share on other sites More sharing options...
Watwheels Supersonic April 8, 2010 Share April 8, 2010 But the parf value of the '90s are higher dan today's. Really boh hwa, the depreciation is scary for present cars. But on a side note, heard conspiracy theory the big cut back on coe quota is to "encourage" mrt ridership cos some more stations along the circle line has begun operations. Some are on trial run already aka free ride. Whoever doing the planning must have more ideas coming on the way as more circle line stations open up. Importing less cars means less revenue even though the significant increase in coe pricing still does not make up in terms of volume. So the only thing left to play with is erp. Those who wish for high coe prices with lesser cars on the roads will see it happening in a couple of years. Link to post Share on other sites More sharing options...
Ferraricalifornia 1st Gear April 8, 2010 Author Share April 8, 2010 you are absolutely right.... reduced quota of COE, thus higher prices will lead to more people taking public transport.... in the future with more MRT, they will reduce the quota even further.... but with less new cars registered on our roads, gahmen earn less 100% ARF, 20%CD, 7%GST, ERP, Parking, RoadTax, Petrol Tax, compared to preceding year increase.... seems like they are taking a turn for the narrow path??? expect a rise in public transport pricing though....gotta buy more trains and buses to cater to more people taking them.... [shakehead] Link to post Share on other sites More sharing options...
Sgg687z Clutched April 8, 2010 Share April 8, 2010 you are absolutely right.... reduced quota of COE, thus higher prices will lead to more people taking public transport.... in the future with more MRT, they will reduce the quota even further.... but with less new cars registered on our roads, gahmen earn less 100% ARF, 20%CD, 7%GST, ERP, Parking, RoadTax, Petrol Tax, compared to preceding year increase.... seems like they are taking a turn for the narrow path??? expect a rise in public transport pricing though....gotta buy more trains and buses to cater to more people taking them.... [shakehead] they take less from car, they suck more from public transport Link to post Share on other sites More sharing options...
Ferraricalifornia 1st Gear April 8, 2010 Author Share April 8, 2010 where one giveth, he taketh away.... give more trains and buses, take more money away.... surprisingly Hyundai only increase their prices by a little only leh.... CAT A by $2k, CAT B by $4k....hmmm Link to post Share on other sites More sharing options...
Beyondaction Neutral Newbie April 8, 2010 Share April 8, 2010 100K for a Korean car... Madness! 2yrs+ back 100K can get an entry level Evo X from PI... Or even CTR... Crazy crazy!!! Maybe the only way is to buy 1 or 2 yr old 2nd hand cars? But have to wait for COE price to stabilize or else sure kena by dealers? Link to post Share on other sites More sharing options...
Ferraricalifornia 1st Gear April 8, 2010 Author Share April 8, 2010 now 2nd hand car dealer laughing at those who buy 2nd hand cars.... haha... Link to post Share on other sites More sharing options...
Zyrofillica 1st Gear April 8, 2010 Share April 8, 2010 next up is another round of taxi fare increase to match the increase in demand for more cab rides~ Link to post Share on other sites More sharing options...
Leggt Clutched April 8, 2010 Share April 8, 2010 Juz did a quick check, legacy 2.5 going at 138,500 and double wow, that is like 30k more than the price I paid for. But I doubt this is going to mean anything until I am going to change my car, it's just a feel-good factor at the moment. I bet the current stock from the used car dealers will also be going at a crazy price since the vicious cycle dictates a shortfall in supply of used cars. Link to post Share on other sites More sharing options...
Mustank Hypersonic April 8, 2010 Share April 8, 2010 wow!!!! new car supply short because of coe cut now used car also supply short huat ah!!!!!!! Link to post Share on other sites More sharing options...
Perrier 1st Gear April 8, 2010 Share April 8, 2010 I think finally the government is moving in the "right" direction by attacking where it hurts the most, the pocket. But unfortunately past experiences will tell us that no matter how much more a picanto will cost, there will be a willing buyer. Good thing is it will discourage the marginal buyers and most existing owners will be sitting on a perceived pot of gold, thus likely a smoother driving experience for most. Bad thing is, you will see more complaints on used car dealers. Its a cycle between the new and used car dealers. Its time to come out of the rat hole and play. Link to post Share on other sites More sharing options...
Pisces 2nd Gear April 8, 2010 Share April 8, 2010 Picanto now starts from S$66,999 Auto@S$69,999 which is just a dollar short from S$70k... Forte 1.6EX M now starts from S$71,999 1.6SX M at S$76,999 Auto SX@S$79,999 Forte 2.0SX A@S$100,999??? ($10k increased from the last round) the price gap between the 1.6L and 2.0L models have now gone to at least $20k.... Where did u get the price list from??? Dun find the updated price list in sgcarmart and onshift.... even KIA website is still showing 29 Mar price list. But back to this crazy price... I'm so glad I booked a Cerato Forte 1.6SX (A) at end Feb and got my COE at the 2nd bidding in Mar. All in all, I paid abt $59K for my car... difference of $20K!!!! Link to post Share on other sites More sharing options...
Ahtong 1st Gear April 8, 2010 Share April 8, 2010 100k can buy a Golf or Golf Sports not so long ago. Link to post Share on other sites More sharing options...
Ferraricalifornia 1st Gear April 8, 2010 Author Share April 8, 2010 my pricelist is the projected price list lah.... but i don't think this time round the dealers will increase the price by the increment of COE.... cheers!!! Link to post Share on other sites More sharing options...
Speed_ong Clutched April 8, 2010 Share April 8, 2010 Hyundai agents already said their drop to 20 cars a mth from 400-500 since the COE increased. Wonder how long can the sales people survived these. Imagine no one buying new cars. What will happen to all of those smaller distributors? ↡ Advertisement Link to post Share on other sites More sharing options...
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