COE Bidding - December 2023

[Arogab]

Singaporean all damn rich lah. All willing to give so much to the gov. I for the instance wish COE goes higher. But on the other hand, I will be smart with my money

[Benarsenal]

On 12/20/2023 at 4:05 PM, Arogab said:

Haha, so where is the crash? 

 

Ok la Cat B drop 20k Cat E drop 15k. Not bad liao.

[Arogab]

On 12/20/2023 at 3:08 PM, Benarsenal said:

Ok la Cat B drop 20k Cat E drop 15k. Not bad liao.

FYI, mine was only $53,001. Anyway, I have few years to see

[Rickster]

At the rate of dropping, i think i can change car in 2025 liao.

Unless govt step in to meddle, cat B COE likely to be easily in the 50-60K region i guess.

[kobayashiGT]

Year end, nobody buy car. 🤣

[hansmith]

@kobayashiGT buyers mostly overseas holiday.

[BanCoe]

On 12/20/2023 at 4:13 PM, kobayashiGT said:

Year end, nobody buy car. 🤣

Hope the second hand dealers get screwed 

[Mockngbrd]

On 12/20/2023 at 4:29 PM, BanCoe said:

Hope the second hand dealers get screwed 

They already are, no ppl buying except PHV companies. 

[Fcw75]

On 12/20/2023 at 4:05 PM, Arogab said:

Haha, so where is the crash? 

 

When recession come. 😬

When ah?

[Mockngbrd]

Edited December 20, 2023 by Mockngbrd

[Jamesc]

On 12/20/2023 at 4:29 PM, BanCoe said:

Hope the second hand dealers get screwed 

Oii!

Why you so mean?

Who is going to put food on the table for my kids?

[Jamesc]

On 12/20/2023 at 4:47 PM, Fcw75 said:

When recession come. 😬

When ah?

I cannot wait.

Recession more people buy used cars.

 

[Fcw75]

 Can change new motor liao. 🤣

[Strat]

On 12/20/2023 at 5:01 PM, Jamesc said:

Oii!

Why you so mean?

Who is going to put food on the table for my kids?

Your Beloved MIL? (provided she is still alive...) 😬

[BanCoe]

On 12/20/2023 at 5:01 PM, Jamesc said:

Oii!

Why you so mean?

Who is going to put food on the table for my kids?

Boomz detected 🤣🤣

[ccc888]

I sarpork high COE because it is really optional to have a car….it is not a must.

High COE is da best form of wealth tax….else where our garmen gona fund our clean and nice parks, infrastructure etc etc.

Higher income tax will affect everyone including lower income taxpayers 🙂

 

[Mkl22]

On 12/20/2023 at 4:12 PM, Rickster said:

At the rate of dropping, i think i can change car in 2025 liao.

Unless govt step in to meddle, cat B COE likely to be easily in the 50-60K region i guess.

Then can also see more coe from 2022-2023 adding to the quota as many of the 100k plus car will scrap early! Woohoo. In the end ah gong only earn 1/3 of the 150k coe! 🤣

but they will cover back via customs duty and GST, ARF of the replacement cars. 

[Mkl22]

On 12/20/2023 at 6:50 PM, ccc888 said:

I sarpork high COE because it is really optional to have a car….it is not a must.

High COE is da best form of wealth tax….else where our garmen gona fund our clean and nice parks, infrastructure etc etc.

Higher income tax will affect everyone including lower income taxpayers 🙂

 

High coe will affect everyone. Myopic to assume only the car owners.