Serious COE Market Crashed! Inflation Just Dropped By 25% For Car Buyers! Majulah PAP!

[JohnTan]

SINGAPORE – The certificate of entitlement (COEs) price for larger cars fell below the $100,000 mark for the first time since October 2022 at the first tender exercise of 2024 that closed on Jan 4 afternoon.

Category B COEs, which are for more powerful cars and electric vehicles (EVs), dropped by 22.7 per cent to $85,010 from $110,001 at the previous tender.

Between the two car COE categories, the premium for Category A, which is meant for less powerful cars and electric vehicles, posted the bigger drop. At $65,010, the price is 23.5 per cent lower than the $85,000 posted two weeks ago.

https://www.straitstimes.com/singap...st-time-below-100000-mark-in-more-than-a-year

 

[Loofydralb]

Recession hitting soon.
Remember the brick wall? Look ahead. Its right in front of you.

 

[gsbslut]

SINGAPORE – The certificate of entitlement (COEs) price for larger cars fell below the $100,000 mark for the first time since October 2022 at the first tender exercise of 2024 that closed on Jan 4 afternoon.

Category B COEs, which are for more powerful cars and electric vehicles (EVs), dropped by 22.7 per cent to $85,010 from $110,001 at the previous tender.

Between the two car COE categories, the premium for Category A, which is meant for less powerful cars and electric vehicles, posted the bigger drop. At $65,010, the price is 23.5 per cent lower than the $85,000 posted two weeks ago.

https://www.straitstimes.com/singap...st-time-below-100000-mark-in-more-than-a-year

Your pap earn enough already lah. now the revenue come from the additional one percent gst. no need for astronomical coe prices

 

[Scrooball (clone)]

Does that mean that losers can now afford to buy cars?

 

[ChinaCommunistSG]

I foresee second car market will crash

 

[sbfuncle]

Fwah then losers who bought 2 weeks ago teh lumpar zi sart

 

[congo9]

The coe will rise again next month. Don't worry. Don't bought early will just have to wait.

 

[JohnTan]

Your pap earn enough already lah. now the revenue come from the additional one percent gst. no need for astronomical coe prices

COE prices rise and fall by free market forces.

 

[steffychun]

Fuck your Malay @JohnTan proven rapist.

 

[JohnTan]

Fuck your Malay @JohnTan proven rapist.

By all means, fuck the moslem faggot 'prophet'. But that's for another thread

 

[k1976]

SINGAPORE – The certificate of entitlement (COEs) price for larger cars fell below the $100,000 mark for the first time since October 2022 at the first tender exercise of 2024 that closed on Jan 4 afternoon.

Category B COEs, which are for more powerful cars and electric vehicles (EVs), dropped by 22.7 per cent to $85,010 from $110,001 at the previous tender.

Between the two car COE categories, the premium for Category A, which is meant for less powerful cars and electric vehicles, posted the bigger drop. At $65,010, the price is 23.5 per cent lower than the $85,000 posted two weeks ago.

https://www.straitstimes.com/singap...st-time-below-100000-mark-in-more-than-a-year

Gxgx boss John, u can buy your dream Masarati at 20k cheaper

 

[k1976]

I foresee second car market will crash

Many will go car shopping this weekend de woh...gxgx

 

[k1976]

Does that mean that losers can now afford to buy cars?

Interest rate is north of 2.9%?

 

[Scrooball (clone)]

Interest rate is north of 2.9%?

Better take up some cash advance to have enough to pay for petrol too. Haha

 

[worcer]

Crash coming

 

[k1976]

Better take up some cash advance to have enough to pay for petrol too. Haha

Ready to throw and take cash , bro

 

[k1976]

Crash coming

The upcoming upheaval is no joke....2 wars going throwing global supply chain Into chaos + High Interest Rate + Industrial Revolution 4.0 = 万福金安

 

[tobelightlight]

Paying coe to buy a car is one of the stupidest thing sinkies have to fight for.

 

[laksaboy]

Dummies still believe COE prices are caused by demand and supply of cars i.e. market forces.

 

[sbfuncle]

Those who managed to enter the market at this drop must be feeling very shiok.