What does the injection of 20,000 COEs over "the next few years" mean
#1

🚘 What does the injection of 20,000 COEs over "the next few years" mean for car and COE prices in Singapore?

Some dealers suspect buyers will hold out in anticipation of a drop in COE prices – leading to them actually dropping now: https://cna.asia/3Ak9QIm
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#2

this is just for show la, because election is coming.

once election is over, COE will rush back up

just use ur brain to think la, COE is bided by the only few car sellers,
these car sellers have to listen to higher command on the COE price or get punished right

so is COE price controlled ????

just like a valuer have to send his HDB valuation to HDB to be vetted before releasing the report to the buyer
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#3

Playing around the same no of coe, wasting time .
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#4

just replace the transport minister with a PSP/WP mp and COE price will automatically drop to fair value
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#5

Logically, a rational mind would expect the COE price to drop and wait for the actual price to drop then buy la. 20,000 new cars , you know how much that will add to the car traffic ? Stupid not to wait for the COE to crash first then buy. I m also waiting before changing my old Volvo to new electric one. Well done, LTA! I think this will help old car owners like me immensely Wink
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#6

(01-11-2024, 11:01 AM)*天哥* Wrote:  Logically, a rational mind would expect the COE price to drop and wait for the actual price to drop then buy la. 20,000 new cars , you know how much that will add to the car traffic ? Stupid not to wait for the COE to crash first then buy. I m also waiting before changing my old Volvo to new electric one. Well done, LTA! I think this will help old car owners like me immensely Wink

u r too stupid to comprehend, u still dun understand the game plan. 

20000 is nothing compared to currently 900k vehicles on the road. 

this is just for show to let COE drop 20k in value for a few weeks before election, then once election is over, COE will resume its rise to $200k
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#7

(01-11-2024, 11:07 AM)TopSage Wrote:  u r too stupid to comprehend, u still dun understand the game plan. 

20000 is nothing compared to currently 900k vehicles on the road. 

this is just for show to let COE drop 20k in value for a few weeks before election, then once election is over, COE will resume its rise to $200k

Maybe I m stupid but your idea that 20,000 COE can make the price drop is even stupider.  Since u are sure there are 900K vehicles on the road, how can a small size of 20K made the price drop? U need at least 100k issue to drop the price. Take note they never say when and how long to issue these 20K COE. That is why I say dun buy first, scare them as they have been happy with the price rise in recent months. Only when no-one is buying new cars then the real drop will come, under there stand now ?
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#8

(01-11-2024, 11:07 AM)TopSage Wrote:  u r too stupid to comprehend, u still dun understand the game plan. 

20000 is nothing compared to currently 900k vehicles on the road. 

this is just for show to let COE drop 20k in value for a few weeks before election, then once election is over, COE will resume its rise to $200k

Do you understand why I need the price to really drop ? My target new car all in price is now the price of a 4 room HDB flat. Who are the ones competing the buy with me ? My stingy Singaporean brothers and sisters ? No. Ans: must be the wash money buyers, otherwise who bare to part so much money for a piece of paper ? Not even our stingy billionaire local born Peter Lim.

Use your smart brain go and figure it out. Crash the bloody COE price by NOT BUYING as it has lost its intended function just like the ERP.

The COE and ERP had lost their function. Wait till you see the ERP 2.0 come out and see how it affects the logistic and pmv industry then u will truly under there stand their function now is What . ANS: MONEY U IDIOT.

If u this so called top sage believe its intention is what u believe, then dun come here and just complain. Do what u need to do, sai lang: ask all ur peers to stop buying new cars until the COE truly drop below $50K
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#9

You think PAP really so good

Not for 99% of us

So that the super- rich can buy luxury cars like Royce

Why do we need 5 Mayors and 80 PAP Ministers? 
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#10

If the coe system is so good why no other country is using it after so many years?

Wouldn't a direct tariff system on the different categories more effective to manage?
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