Serious Recession is over! COE spiked by >$6000

[Runifyouhaveto]

Car COEs spike after easing of car loans and weaker interest rates

A - Car (1600cc & below) $53,694 previous: $47,020
B - Car (above 1600cc) $56,000 previous: $49,156
C - Goods vehicle & bus $46,434 previous: $43,002
D - Motorcycle $6,302 previous: $6,303
E - Open $55,100 previous: $49,700

Source: http://www.straitstimes.com/singapore/transport/car-coes-spike-after-easing-of-car-loans

 

[krafty]

knn, gahment supposed to curb number of cars on the road not encourage sinkies to drive car, tio bor>ah run??

 

[Runifyouhaveto]

knn, gahment supposed to curb number of cars on the road not encourage sinkies to drive car, tio bor>ah run??

If you want to see less cars on the road to save the planet, please vote strongly for our incumbent so that COE will recover to $100K level.

 

[krafty]

If you want to see less cars on the road to save the planet, please vote strongly for our incumbent so that COE will recover to $100K level.

but they a bit lppl, they allow sinkies to borrow more and at same time COE surge, so what now? sinkie borrow more and more to drive a car.

 

[Runifyouhaveto]

but they a bit lppl, they allow sinkies to borrow more and at same time COE surge, so what now? sinkie borrow more and more to drive a car.

Local Banks' credit portfolio shrunk for 7 straight months.
$100K COE will be helpful.

http://www.straitstimes.com/busines...nding-shrinks-for-7th-straight-month-in-april