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Lots of car ads on ST today- GOOD DEALS share thread

Deckbuild

By Deckbuild,
in General Car Discussion

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Camrysfa

Camrysfa

Turbocharged
  On 3/16/2013 at 4:46 AM, Deckbuild said:

And prices are damn attractive, hopefully no sales for them :ph34r:

 

citroen..... quote your own dream price!

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Chrissng

Chrissng

Neutral Newbie

Saw this at sgcar mart....

 

Honda Civic 1.8A $588,000 03-Jan-2008 Auto 1,799 cc 75,000 km Sedan Available

 

1 Lady Owner Only, Serviced By Agent, Original Paintwork, Accident Free, High OMV Value, High Trade In.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Eforce

Eforce

Neutral Newbie

My guess is that because of the drop in cat b this Round... Everyone will flock to buy a cat b car... People in cat b is generally cash rich hence not much affected by the loan restriction rules..

 

So cat b should go up to around $65k

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Thorjt

Thorjt

Neutral Newbie
  On 3/16/2013 at 6:33 AM, Eforce said:

My guess is that because of the drop in cat b this Round... Everyone will flock to buy a cat b car... People in cat b is generally cash rich hence not much affected by the loan restriction rules..

 

So cat b should go up to around $65k

Agreed wholeheartedly. This will inevitably bring the COE for Cat A lower in the next round.

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Sphwee

Sphwee

1st Gear
  On 3/16/2013 at 6:19 AM, Chrissng said:

Saw this at sgcar mart....

 

Honda Civic 1.8A $588,000 03-Jan-2008 Auto 1,799 cc 75,000 km Sedan Available

 

1 Lady Owner Only, Serviced By Agent, Original Paintwork, Accident Free, High OMV Value, High Trade In.

$588,000? Did you key in a extra 0?

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Eaton

Eaton

2nd Gear
  On 3/16/2013 at 8:46 AM, Raymondism said:

lets all wait until COE goes below 20k

I thought rich people don't care . 100k Coe also buy

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Raymondism

Raymondism

Twincharged
  On 3/16/2013 at 8:54 AM, Eaton said:

I thought rich people don't care . 100k Coe also buy

 

 

rich pple buy expensive cars regardless of COE

 

its harder for them to fork out large sums of money...

they rather invest it I think

 

maybe its time to buy a few ferrari n lease to rich bums

 

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Blackyv

Blackyv

Turbocharged
  On 3/16/2013 at 8:54 AM, Eaton said:

I thought rich people don't care . 100k Coe also buy

 

 

That's during 10yrs loan era but no more.... only damn rich can afford 100k coe... now back to practicality and affordability... [blush]

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Beng2

Beng2

5th Gear
  On 3/16/2013 at 8:54 AM, Eaton said:

I thought rich people don't care . 100k Coe also buy

That could be because they traded in their cars at good prices, especially 2008/9 cars.

 

Now, which dealers will want to give high prices for trade in? You think all rich people can bear to see the depreciation on their current cars realised?

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Fastfive1

Fastfive1

5th Gear
  On 3/16/2013 at 5:27 AM, Throttle2 said:

I will bet against that, mate.

Only those who have a paid up car now, can swop it for a new car with top up +loan.

COE is destined to drop below $40k for CatA.

Pent up demand will be shortlived.

 

As some mentioned, here's where you see who is naked when the tide falls.

 

Haha totally agree.

Those with cars on loan like my fellow co-workers can't get a new car.

Everyday they talk about how the system favors the rich. I have told them time and again in a very diplomatic manner to "suck it and work harder".

The irony of it all is that while they moan and groan about the new measures, it is not as if they could afford the monthly installments of brand new cars even if the 10 year loan was available.

If you can't afford a new car, get one within your means.

There are lots of people living from hand to mouth in Singapore and yet have cars. These are the people who are the ones who cannot afford to put 40% downpayment on their cars.

I may not be able to afford a new BMW, but hey I got one that's within the amount of cash I have.

I so love driving my coupe to work and parking it next to their lancer ex and axio. HAHA!!!

 

There's a line from the book "the intelligent investor" that goes

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Fastfive1

Fastfive1

5th Gear
  On 3/16/2013 at 9:08 AM, Beng2 said:

That could be because they traded in their cars at good prices, especially 2008/9 cars.

 

Now, which dealers will want to give high prices for trade in? You think all rich people can bear to see the depreciation on their current cars realised?

 

A lot of people who are stuck with their cars they paid an inflated price for are probably rationalizing(telling themselves white lies) their purchase by consoling themselves saying "at least i got my car before the new rules came in"

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Civic6228

Civic6228

6th Gear
  On 3/16/2013 at 5:54 AM, Christian10 said:

This new MAS ruling on car loan is a brilliant move by the government to burst the bubble of COE.

 

Hmmm ......brilliant idea ?? Just wondering who create the bubble and burst it ?

 

Personally i sapport the new loan ruling. But it would meant that i would hv to top up more cash as DP.

 

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