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Will COE continue to drop??


I-LOVE-CARS
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who knows but i believe in what goes up must come down

Definitely what goes up will come down, but don't think it will happen this year or next year. [rolleyes] If the COE price maintain around the current price already consider very gd lo.

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If majority of people predict or wish the price to drop, it never drops.

The demand is still here, how to drop...

I always wondering car showrms have been so quiet, how come the demand is still there? Where is the demand comes from? [:/]

Edited by 13177
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The last time oil hit $200, many gave up their car to take taxi n MRT.

That time showroom was empty, n COE dropped a lot.

 

It will happen again soon.

Just wait.

 

the coe dropped alot becos there were many coe supply then.

and at the highest oil price period, coe was not the lowest.

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I always wondering car showrms have been so quiet, how come the demand is still there? Where is the demand comes from? [:/]

 

It may cause by the taxi company.

Despite COE hike, the sales of luxury vehicles still increase.

If this trend still keep, definitely government will intervene the COE structure.

It is unfair for majority of public to pay so much COE to buy a car.

The COE is more expensive than the OMV of car.

It sounds ridiculous.

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I always wondering car showrms have been so quiet, how come the demand is still there? Where is the demand comes from? [:/]

 

Cat A demand from TAXI operators!!! they still need alot for the new fleet

Cat B demand mostly for the rich getting >1.6L conti. Rich dun bother how much COE is, they just buy the car when they like

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The last time oil hit $200, many gave up their car to take taxi n MRT.

That time showroom was empty, n COE dropped a lot.

 

It will happen again soon.

Just wait.

 

 

though crude oil highest was at around June~Nov 2008 which hover around USD140???

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It may cause by the taxi company.

Despite COE hike, the sales of luxury vehicles still increase.

If this trend still keep, definitely government will intervene the COE structure.

It is unfair for majority of public to pay so much COE to buy a car.

The COE is more expensive than the OMV of car.

It sounds ridiculous.

 

But we pay $10 to watch a US$xxx million movie haha.

 

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though crude oil highest was at around June~Nov 2008 which hover around USD140???

 

Maybe he means in SGD....that time USD was about 1.6 - 1.7 / usd

 

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