COE Prices.....

“拿不起来”， what is wrong with singapore.. COE at 48k for small cars and 62k for big cars..... i think must move closer to a golf course

bro, ur too young to rem the days when coe was in excess of $100k, last time the price of Nissan sunny was $150k ...

wow... crazy prices.

No wonder bro ZX playing high stakes recently... I recall him telling me he wanna change car..

zhenxua wrote:

bro, ur too young to rem the days when coe was in excess of $100k, last time the price of Nissan sunny was $150k ...

Bro, i am not that young lah.... although i didnt buy, but my dad bought during those days... but during that time, marlboro, only 2.50, petrol, i think less than $1 per litre, and there is not freaking ERP and the parking is reasonable.... cannot compare.....

My gawd, with this type of pricing. I think no one want to relinquish their car anymore. Even they have to, they would rather extend the COE for another 5 yrs to wait and see. Also, because they are worried that they cant afford another one after that.

zhenxua wrote:

bro, ur too young to rem the days when coe was in excess of $100k, last time the price of Nissan sunny was $150k ...

I am young but I remember my dad's Nissan sunny was that price of $150k!
Crazy COE!
We are about the only country that needs to buy a paper to be able to drive cars.

Wow.... you all have rich daddy.... My dad can only afford a bicycle

jimmychoo wrote:

Wow.... you all have rich daddy.... My dad can only afford a bicycle

Wow... with aerodynamic carbon fiber bicycle is quite $$$$$$$$$ consuming uncle JC

U all know why his dad just have bicycle? Just go kopitiam and collect rental, buy car for what?

wonder if got specialised bicycle that can carry golf bag or not...hmmmmm

Do you know that at that time, a lot of car owners sold off their car for a profit after driving it for 3 years ??? It was an appreciating asset at that time and not like now, a depreciating asset. Wonder if it will happened again? What goes round must come around again sometime. Wonder if the time has arrived ??? Mine coming to 3 years liao...

I swear if the coe breaks $100k and I can get back my money, I will sell it off and buy a bicycle, custom built it so that it can carry a golf bag. I will wake up at midnight and ride it to the golf course I am going to play .... Thats 200k in the bank wor...

Tituman wrote:

I swear if the coe breaks $100k and I can get back my money, I will sell it off and buy a bicycle, custom built it so that it can carry a golf bag. I will wake up at midnight and ride it to the golf course I am going to play .... Thats 200k in the bank wor...

Why you need to modify this and that... get a tricycle... problem solved.

Khorkar wrote:

Tituman wrote:

I swear if the coe breaks $100k and I can get back my money, I will sell it off and buy a bicycle, custom built it so that it can carry a golf bag. I will wake up at midnight and ride it to the golf course I am going to play .... Thats 200k in the bank wor...

Why you need to modify this and that... get a tricycle... problem solved.

Wonder whether can cycle to JB or not...
h

Khorkar wrote:

Tituman wrote:

I swear if the coe breaks $100k and I can get back my money, I will sell it off and buy a bicycle, custom built it so that it can carry a golf bag. I will wake up at midnight and ride it to the golf course I am going to play .... Thats 200k in the bank wor...

Why you need to modify this and that... get a tricycle... problem solved.

Brilliant idea KK...I will get a trishaw. Now thats something to think about ha ha

COE is garmen way of help us to save money. U see, you buy a car, and after 10 years, you get back the COE value....if you think about it, its macam endowment plan.

So when times are good (ie bull run), garmen afraid many will splurge on shares...so COE will go up, then garmen indirectly help the buyers to save for 'rainy day or days'

Duval_S wrote:

COE is garmen way of help us to save money. U see, you buy a car, and after 10 years, you get back the COE value....if you think about it, its macam endowment plan.

So when times are good (ie bull run), garmen afraid many will splurge on shares...so COE will go up, then garmen indirectly help the buyers to save for 'rainy day or days'

You don't reaLLY get back your COE in cash, do you? So it's like your CPF! You'll NEVER see all of it!

Duval_S wrote:

COE is garmen way of help us to save money. U see, you buy a car, and after 10 years, you get back the COE value....if you think about it, its macam endowment plan.

So when times are good (ie bull run), garmen afraid many will splurge on shares...so COE will go up, then garmen indirectly help the buyers to save for 'rainy day or days'

Eek,

Dont smoke those stuff...you are getting high... I saw your post, I was like huh....!

We are the only Place on earth where a piece of paper cost $72K. No setup cost or whatsoever... 1 paper that can last 10Years for you to "enjoy" your ride on the road.

icanshoot wrote:

We are the only Place on earth where a piece of paper cost $72K. No setup cost or whatsoever... 1 paper that can last 10Years for you to "enjoy" your ride on the road.

It is also not one time payment but Pay-And-Pay!

Tituman wrote:

I swear if the coe breaks $100k and I can get back my money, I will sell it off and buy a bicycle, custom built it so that it can carry a golf bag. I will wake up at midnight and ride it to the golf course I am going to play .... Thats 200k in the bank wor...

The only problem is that i need a car. Mine coming to 1 year old.. and if sell now looking at the crazy 2nd hand car price... can make a 20-30K profit!!

imagine a near 2 yrs 5K COE car selling 20K above what i paid for while my COE was at 22K when I bought my car.. I wonder who will buy these 2nd hand car...

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