COE prices up across the board

[Baby1M]

Re: COE prices up across the board

Dropped by PML & its neighbour C&C today .. rather crowded leh .. heard MB is going to increase price on mon

Go see Motor Image, Kah Motor or whatever Motor here and Motor there... showroom is rather opposite. With high COE, buyers seem to be switching over to Conti instead or alot of people r getting richer, I think should be former.

 

[Javaben]

COE prices up across the board

Only the rich are buying that's why conti as well as high Yen and low Euro

 

[Mockngbrd]

Re: COE prices up across the board

Becos since COE cost soooo much already, might as well top up more for the conti ride. In terms of monthly payments, just go up abit only.

 

[Oilman]

Re: COE prices up across the board

Only the rich are buying that's why conti as well as high Yen and low Euro

Is this just theory or has the euro's drop actually meant lower prices at the showroom?

 

[zorro]

Re: COE prices up across the board

Toyota about same price as VW...so many bought VW.....

 

[Mockngbrd]

Re: COE prices up across the board

Is this just theory or has the euro's drop actually meant lower prices at the showroom?

or maybe it meant higher prices at jeepun car showroom

 

[jaskin]

Re: COE prices up across the board

Is this just theory or has the euro's drop actually meant lower prices at the showroom?

fake one like petrol prices... price can go up quickly and strongly supported.

 

[gadgets]

Re: COE prices up across the board

Only the rich are buying that's why conti as well as high Yen and low Euro

Is this just theory or has the euro's drop actually meant lower prices at the showroom?

or maybe it meant higher prices at jeepun car showroom

yen goes up, jap car price goes up. but opposite is not true of euro cos conti car price did not come down. so much for economics 101...confusing

 

[Shev]

Re: COE prices up across the board

Is this just theory or has the euro's drop actually meant lower prices at the showroom?

Take the OMV of the new car and multiply by 2.27. Then add the cost of COE and other freebies like service credit, 1st year road tax etc. you derive at the landed cost of the new car.

Difference between your buy price and the landed cost will be the profit of the AD.

Euro is down and generally lower import tax. But really still depends on the mark up of the AD when they sell you the car. So Jap cars or Conti cars by PI are lower in price even though OMV same as that from AD is due to lower profits by PI.

 

[Oilman]

Re: COE prices up across the board

Take the OMV of the new car and multiply by 2.27. Then add the cost of COE and other freebies like service credit, 1st year road tax etc. you derive at the landed cost of the new car.

Difference between your buy price and the landed cost will be the profit of the AD.

Euro is down and generally lower import tax. But really still depends on the mark up of the AD when they sell you the car. So Jap cars or Conti cars by PI are lower in price even though OMV same as that from AD is due to lower profits by PI.

Read again. My question was whether the euro's drop has meant lower sticker prices for car buyers... the answer is no.

 

[wt_know]

Re: COE prices up across the board

the answer is obvious
if you walk in and talk about euro vs sgd, SE sian 1/2 already and tell you ... excuse me, i need to go pangsai

Read again. My question was whether the euro's drop has meant lower sticker prices for car buyers... the answer is no.

 

[ozipo]

Re: COE prices up across the board

unless there are many buyer did this, low downpayment and super high loan
otherwise, it's the norm that drive up coe
just like hdb $100k $200k cov, 1 or 2 cases are exceptional but cases after cases reported means it's norm and there are many buyers out there

A friend of mine down payment 20k + with monthly installment around 1.2k for a VW.
He admitted that the monthly installments are his depreciation and he will never likely
to get any money back when assumming he used up full ten years. Not even scrap value.

Either COE should be paid in cash or bidding must be done through individual than leaving
it to the dealers to package everything.

 

[wt_know]

Re: COE prices up across the board

by the end of 5th year ... backside sibei itchy liao
time to change car and the cycle repeats ... I SAY ONE ... hehe

he will never likely
to get any money back when assumming he used up full ten years. Not even scrap value

 

[jaskin]

Re: COE prices up across the board

I honestly don't think the COE bidding system can tahan too many individual bidders...

 

[Mockngbrd]

Re: COE prices up across the board

A friend of mine down payment 20k + with monthly installment around 1.2k for a VW.
He admitted that the monthly installments are his depreciation and he will never likely
to get any money back when assumming he used up full ten years. Not even scrap value.

Either COE should be paid in cash or bidding must be done through individual than leaving
it to the dealers to package everything.

after 10years scrap can still get back some $$$ mah