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MAS and Car loan curb issues

L23

By L23,
in General Car Discussion

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Ttl1976

Ttl1976

5th Gear

Can think with the little brain in the little head also. Follow the chio se :nosebleed::nosebleed:

mercedes hasmany chio se.

but i m getting a porsche....

ha ha

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Vratenza

Vratenza

Supersonic

you got chart boh?  :a-aggressive:

 

 

 

 

boh chart? 

 

 

 

go stand one corner..... :a-happy:

 

 

:XD:

moi predict coe + 5k :grin:

 

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Traderlee

Traderlee

1st Gear

I think many people are confused between car lite policy vs this loan curb relaxation.

 

Relaxing loan requirements has nothing to do with car lite or not since coe quota remains unchanged.

 

Agree. If looking at the point that 1) coe is still expected to increase and no change in coe policy , 2) govt didn stop uber and grab from bidding and 3) this relaxation of loan curb. I have the conclusion that the government is just trying to milk the most from the increase in coe quotas, and coe price will either stabilise or may even go up

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AhHu83

AhHu83

Clutched

Actually this new MAS loan scheme will defintely change the buyer perspective. Imagine those firm buyer been saving to meet the 40% DP just to buy a Cat A car and will have a choice to look into Cat B now because of the new scheme. Also to those that are ready to buy Cat B will laugh till jaw drop because they can save their 10% DP. This will attracts all buyers attention towards Cat B. As for those who are not ready but with the new scheme will chiong the Cat A. So i foresee there is a very high possibility the COE prices will rise in the next few mths.

 

As for those beginning of the yr till date have already received their new cars will for sure squeeze thier balls hard now because of this new ruiling.

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Mustank

Mustank

Hypersonic

you got chart boh?  :a-aggressive:

 

 

 

 

boh chart? 

 

 

 

go stand one corner..... :a-happy:

 

 

:XD:

 

simi chart? :XD:  :XD:

 

7c9bcb128860da7a4b1dc97541c6d75f.jpg

 

 

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hsl118

hsl118

6th Gear

LOL....

 

The line has been cast.......Hook liao... time to reel 'em in....

 

(don't mind the poor fishergirl with little budget for warmer wear)

 

 

:XD:

 

Nothing like some toned bumpers to put a smile on everyone's face!

 

Summer (more for overseas, SG 365/24/7) is coming, new buyers should get sun roof / moon roof / cabriolets what with the new ruling from Uncle Tharman. now with renewed control of MoF and MAS all along.

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Galantspeedz

Galantspeedz

Turbocharged

How will that work?

 

Number of cars sold will be the same even if there is 0% or 100% loan allowed.

 

you never study economics right?

 

number of cars sold will not be the same, don't forget used cars

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Chrispie

Chrispie

5th Gear

Actually this new MAS loan scheme will defintely change the buyer perspective. Imagine those firm buyer been saving to meet the 40% DP just to buy a Cat A car and will have a choice to look into Cat B now because of the new scheme. Also to those that are ready to buy Cat B will laugh till jaw drop because they can save their 10% DP. This will attracts all buyers attention towards Cat B. As for those who are not ready but with the new scheme will chiong the Cat A. So i foresee there is a very high possibility the COE prices will rise in the next few mths.

 

As for those beginning of the yr till date have already received their new cars will for sure squeeze thier balls hard now because of this new ruiling.

Why would those who got car this year squeeze balls? They got a lower coe.

 

And for those who were able to buy cars under previous loan scheme, it means they can afford.

 

Most Sian are those who have been waiting, waiting, waiting.. Thought that fruit is soon to be ripe for picking... Then suddenly gate opens, many birds who were waiting outside the arena could enter to fight for the same, limited fruits.

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13177

13177

Hypersonic

Maybe those who are looking to buy used car, with the new ruling it may mean easier for buyer?!

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Heman75

Heman75

Supercharged

Actually this new MAS loan scheme will defintely change the buyer perspective. Imagine those firm buyer been saving to meet the 40% DP just to buy a Cat A car and will have a choice to look into Cat B now because of the new scheme. Also to those that are ready to buy Cat B will laugh till jaw drop because they can save their 10% DP. This will attracts all buyers attention towards Cat B. As for those who are not ready but with the new scheme will chiong the Cat A. So i foresee there is a very high possibility the COE prices will rise in the next few mths.

 

As for those beginning of the yr till date have already received their new cars will for sure squeeze thier balls hard now because of this new ruiling.

actually there is nothing to squeeze ball. those took less loan is good la .... 

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Mustank

Mustank

Hypersonic

Nothing like some toned bumpers to put a smile on everyone's face!

 

Summer (more for overseas, SG 365/24/7) is coming, new buyers should get sun roof / moon roof / cabriolets what with the new ruling from Uncle Tharman. now with renewed control of MoF and MAS all along.

 

buying a big ass pickup truck now!!!!! :yuush:  :XD:  :XD:  :XD:

 

missiletruck.jpg

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AhHu83

AhHu83

Clutched

Why would those who got car this year squeeze balls? They got a lower coe.

 

And for those who were able to buy cars under previous loan scheme, it means they can afford.

 

Most Sian are those who have been waiting, waiting, waiting.. Thought that fruit is soon to be ripe for picking... Then suddenly gate opens, many birds who were waiting outside the arena could enter to fight for the same, limited fruits.

Yes but what i mean mayb minority will be stunned because they can more cash on hand. But for sure the current buyers will have more choice to view in the showroom. But just dunno how many of them will place order on this weekend or till the next COE bid? Kind of scary for singapore lifestyle. But if this is the luxury that most of us pursuing and we have to swallow it.
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Heman75

Heman75

Supercharged

You are happy COE is going up and you can pay more taxes for your next car?

 

haha i wont be changing car any sooner.. at least another 4 to 5yrs later. 

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Ben5266

Ben5266

Supercharged

quite clear the banks asking for assistance lah....CPI down, so need to prop up

 

hahaha...well, MCF does have traffic and the 'hearsay' 'my friend' ' my goldfish mother' all will come look lor...

 

 

lesson to all...DO YOUR OWN HOMEWORK!

Eh... This month is GSS leh.

This will help to boost domestic spending.

 

[laugh]

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