[EvertonDiehard]

even though coe dopped is still >60k for a paper. 2nd hand car depreciation is a lot after 1st n 2nd yr though raise a bit is a=still much cheaper than a brand new ones

When the COE rises substantially, the "snob appeal" of buying a new luxury car will become even more attractive for the wealthy because their status symbol would not be affordable to an even greater segment of the residential population in S'pore.