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

JohnTan

Alfrescian (InfP)
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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
 
Recession hitting soon.
Remember the brick wall? Look ahead. Its right in front of you.
 
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
 
The coe will rise again next month. Don't worry. Don't bought early will just have to wait.
 
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.
 
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
 
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
 
Dummies still believe COE prices are caused by demand and supply of cars i.e. market forces. :roflmao:
 
Those who managed to enter the market at this drop must be feeling very shiok.
 
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