- Joined
- Apr 10, 2012
- Messages
- 11
- Points
- 3
Quote from CNA:
General manager of Tan Chong Motors, Ron Lim, said he expected COE results to stay flat as there was no strong reason to believe premiums will go up or down at this time.
He said many potential buyers are also adopting a "wait and see" attitude.
Do you think this is a contradictory statement. If potential buyers are adopting 'wait and see', then how can the COE stay flat?
Wait and see means no action. No action means no bidder. Then, who are those bidder to contribute to the same COE results. Obviously the agent or somebody else.
So, is this a fair practice?
As a consumer, you don't determine the price. The agent do. Supply and demand factor is bull shit. Market determine price is bull shit.
My opinion. If you want to own a car at a reaonable price, hold your hands tight. The price will surely drop. COE went upward bcos you push it up. The kiasu attitude had created this upward trend. If there is no buyer, will the agent bid so aggressively? No way.
General manager of Tan Chong Motors, Ron Lim, said he expected COE results to stay flat as there was no strong reason to believe premiums will go up or down at this time.
He said many potential buyers are also adopting a "wait and see" attitude.
Do you think this is a contradictory statement. If potential buyers are adopting 'wait and see', then how can the COE stay flat?
Wait and see means no action. No action means no bidder. Then, who are those bidder to contribute to the same COE results. Obviously the agent or somebody else.
So, is this a fair practice?
As a consumer, you don't determine the price. The agent do. Supply and demand factor is bull shit. Market determine price is bull shit.
My opinion. If you want to own a car at a reaonable price, hold your hands tight. The price will surely drop. COE went upward bcos you push it up. The kiasu attitude had created this upward trend. If there is no buyer, will the agent bid so aggressively? No way.
