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Old 04-07-2018, 09:57 PM   #1
Natureman
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Default COE at 25K

Long time did not see COE this low! Does this mean lousy economic situation in Sg? Thanks to Trump's trade policies?
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Old 04-07-2018, 10:25 PM   #2
onlyyouknow
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Long time did not see COE this low! Does this mean lousy economic situation in Sg? Thanks to Trump's trade policies?
It could just be due to oversupply of coe due to deregistration. Also with Uber pulling out.
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Old 04-07-2018, 10:41 PM   #3
lukeber
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Long time did not see COE this low! Does this mean lousy economic situation in Sg? Thanks to Trump's trade policies?
Other than properties, which industries is doing well? I don’t know...
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Old 04-07-2018, 11:07 PM   #4
Robson
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My car 3 year’s, I just changed.
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Old 05-07-2018, 09:47 AM   #5
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$25k is low? There was once $101 in 2001.
Govt earn big big
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Old 05-07-2018, 11:30 AM   #6
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with uber put out and many owners scrapped their cars without buying another car including myself, economic not looking well and more people tighten their spending
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Old 05-07-2018, 12:52 PM   #7
globalcookie
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Originally Posted by onlyyouknow View Post
It could just be due to oversupply of coe due to deregistration. Also with Uber pulling out.
Not exactly oversupply imo, but reduced demand.

Like you shared, it may be Uber having pulled out of SG. Before that, PHV companies were aggressively bidding for COEs. Now, their leasing companies are facing oversupply of cars and lack of drivers leasing it.

Some PHV drivers have switched to buying used cars and registering it for PHV use. After all, it is way cheaper than renting.
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Old 05-07-2018, 02:25 PM   #8
loveikan
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Should u renew?
yearsriving a 20 yearq old car but engine is still in very good condition
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Old 08-07-2018, 08:54 AM   #9
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Should u renew?
yearsriving a 20 yearq old car but engine is still in very good condition
If COE is low, why not ??
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Old 09-07-2018, 11:22 AM   #10
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Got a call from one AD, they cap next COE bidding rebate at 25K for CAT B. Expecting further drop?
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