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Old 4th February 2016, 04:43 PM   #1 (permalink)
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Big-car COE falls below van, truck premium

Big-car COE falls below van, truck premium


Photo: The Straits Times

Despite reports of a huge backlog of orders garnered from last month's Singapore Motorshow, certificate of entitlement (COE) prices for cars took another plunge in the latest tender yesterday.

The COE for cars up to 1,600cc and 130bhp ended 9.1 per cent lower at $46,651. The COE for cars above 1,600cc or 130bhp fell by 22.9 per cent - one of the single biggest falls ever - to close at a six-year low of $38,610.

- See more at: http://news.asiaone.com/news/transport/big-car-coe-falls-below-van-truck-premium#sthash.cbtUae4D.dpuf

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Old 4th February 2016, 04:45 PM   #2 (permalink)
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Re: Big-car COE falls below van, truck premium

I believe most would consider buying bigger cars now.

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Old 4th February 2016, 04:54 PM   #3 (permalink)
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Re: Big-car COE falls below van, truck premium

Big-car prices won't fall in tandem with COE


The Straits Times

Adrian Lim, Christopher Tan | The Straits Times | Thursday, Feb 4, 2016


While certificate of entitlement (COE) prices for big cars took a huge tumble at the close of yesterday's tender, auto dealers said it will not be feasible to slash showroom prices by the same quantum.

This is because they expect premiums to rebound in the month's second bidding, and they want to deliver on their buyers' orders.

- See more at: http://transport.asiaone.com/news/ge....DjGYOcDC.dpuf

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Old 4th February 2016, 04:56 PM   #4 (permalink)
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Re: Big-car COE falls below van, truck premium

Don't go rushing to showrooms even after COE prices plummet


Car buyers at the Honda showroom at Leng Kee Road on Jan 10, 2016. The Straits Times

Christopher Tan | The Straits Times | Thursday, Feb 4, 2016


Certificate of entitlement (COE) prices have plummeted, with the premium for bigger cars hitting its lowest level in six years.

So, is it time to start looking for a new car now?

- See more at: http://transport.asiaone.com/news/ge....JRPeiup2.dpuf

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Old 4th February 2016, 06:47 PM   #5 (permalink)
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Re: Big-car COE falls below van, truck premium

Hmm... Good time to buy car?

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Old 4th February 2016, 08:05 PM   #6 (permalink)
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Re: Big-car COE falls below van, truck premium

cheaper cars ahead

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Old 4th February 2016, 10:27 PM   #7 (permalink)
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Re: Big-car COE falls below van, truck premium

Maybe COE dropped to $10K.

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Old 5th February 2016, 01:00 AM   #8 (permalink)
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Re: Big-car COE falls below van, truck premium

Originally Posted by ms.siqi View Post
Maybe COE dropped to $10K.
i think buying big cars are worth the value..

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Old 5th February 2016, 08:06 AM   #9 (permalink)
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Re: Big-car COE falls below van, truck premium

Originally Posted by ms.siqi View Post
Maybe COE dropped to $10K.
I believe that's very unlikely. The rich will drive up the COE price.

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Old 5th February 2016, 02:38 PM   #10 (permalink)
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Re: Big-car COE falls below van, truck premium

more cars means more traffic jams

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Old 6th February 2016, 01:16 AM   #11 (permalink)
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Re: Big-car COE falls below van, truck premium

Originally Posted by christmas_ View Post
more cars means more traffic jams
with more traffic jams,they will sure increase the coe over time to make sure people buy lesser cars.

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Old 6th February 2016, 05:47 PM   #12 (permalink)
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Re: Big-car COE falls below van, truck premium

Originally Posted by BeautyConscious View Post
with more traffic jams,they will sure increase the coe over time to make sure people buy lesser cars.
or maybe increase the erp

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Old 10th February 2016, 05:00 PM   #13 (permalink)
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Originally Posted by christmas_ View Post
or maybe increase the erp
And the vicious cycle continue.

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