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Why 6-digit COE prices are the new normal: Ex-industry insider reveals


Mockngbrd
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On 9/19/2023 at 3:54 PM, Arogab said:

Maybe. there will be a lot of options and I have 4 years to look into it. I got no hurry to do anything as of now.

But by 2030, LTA still allows ICE car to renew COE?

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On 9/19/2023 at 3:23 PM, Gnahp said:

I thought Ah Seng but he said he was from one of the german marques 


PML BMW

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On 9/19/2023 at 4:07 PM, 13177 said:

Cannot believe if really one day COE become 200k!

I wish there is a medicine/pill that I can take

next day wake up totally lose interest in cars, zero

$100k one pill I also buy

 

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On 9/19/2023 at 3:06 PM, 13177 said:

But by 2030, LTA still allows ICE car to renew COE?

Got announcement meh? I not worry, fist of all. My COE will expire 2027 🤭

Secondly, like I say again. I am in no hurry. Even if there are changes, I will cope with it

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On 9/19/2023 at 4:19 PM, Arogab said:

Got announcement meh? I not worry, fist of all. My COE will expire 2027 🤭

Secondly, like I say again. I am in no hurry. Even if there are changes, I will cope with it

We oso wanna learn how to cope

Right now, the onli answer is counselling....

 

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On 9/19/2023 at 3:53 PM, Soya said:

We oso wanna learn how to cope

Right now, the onli answer is counselling....

 

Aiyah, nobody learns from another person on how to cope one lah. I have my ways. But others may not. I ditch Singapore to go to China in 2004 when I could not get a proper job with my proficiency. But many of you may just want to stay in SG only as I encountered some, when offered a job to work away from SG, they reject. Some even gone to China and lost their way. Cos they cannot discipline themselves. I once told my colleague to remember his objective that he goes to China to make money, if you wanna spend money and play around, SG also can do that. 

So how to learn from me? I also cope with my own way. And some thinks I enjoying myself with all the entertainment. Haha

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Aiya many just say only but when time comes, all   rush to buy as cannot do without a car.  Even with high COE but with easy acess to loan, people will still continue to  buy. The only thing to stop them from  buying is when they lose their job🤣

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On 9/19/2023 at 3:50 PM, Soya said:

By then his itch is so strong until got rashes that onli a 200k COE can cure.....

 

Eh i5 cheap le

 

oni $378k… damn gd deal.. same price as my i4😂😂

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On 9/19/2023 at 5:33 PM, RadX said:

Eh i5 cheap le

 

oni $378k… damn gd deal.. same price as my i4😂😂

Hantu chope another COE again 

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On 9/19/2023 at 4:07 PM, 13177 said:

Cannot believe if really one day COE become 200k!

we don't have natural resources and what we have is lots of goose laying platinum eggs 🙈🙉🙊

 

zero cost with infinity returns 🤑🤑🤑

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Where are all the people that say COE is going to fall?

People that say COE will fall

and then add

then I will buy!

People that imagine COE will crash so that they can buy car!

Wishful thinking is not a guaranteed predictor of future events.

:D

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On 9/19/2023 at 3:42 PM, Arogab said:

Boh pian, he want to contribute to the economy. Haha. in 2008, I was offered guaranteed COE for $5.5k but I went to bid and got $869. 

Of cos I don't think COE will come down again like this. But paying for a new car that is $130k COE makes no sense to me especially my 6 YO ride is 36k mileage.  

 

wow, and i tot my friend who got his COE at 3k+ was the best during that period 🤩

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