Madness !!! Euphoria !!!

Re: Madness !!! Euphoria !!!

kenntona;600256 said:
Soon an E92 335 will be priced at $320K.............

300k can buy M3 and GTR not too long ago.....
 
Re: Madness !!! Euphoria !!!

Jan 2011 open cat to hit 100k!

Huat ah!
 
Re: Madness !!! Euphoria !!!

Heard the used car dealers are hungry for conti cars...
 
Re: Madness !!! Euphoria !!!

Used dealers are raising prices of their existing stocks everytime coe prices go up....huat ah!
 
Re: Madness !!! Euphoria !!!

Heard from the grapevine that pml sure cheong for coe in Jan feb cos of delivery of X1 and 5 series... The main orders are not delivered yet
 
Re: Madness !!! Euphoria !!!

What goes up must come down....law of nature..including a man's erection..
 
Re: Madness !!! Euphoria !!!

Skyjuice;600369 said:
Heard from the grapevine that pml sure cheong for coe in Jan feb cos of delivery of X1 and 5 series... The main orders are not delivered yet

Next batch of 5 coming in late feb / Mar
So not surprise if they will be aggressive in Jan / Feb

Also PM had kept the price quite 'steady' througout last month , increasing price by 6K even when COE when up by 15K during the last bid. (They do have a HUGE profit margin to play with)So My guess is that they would have a backlog to fill.

BTW seems like the E Class is price higher than the 5 series now ( comparing entry level)
If COE goes up to 100K , those who booked earlier should be having a good time. Imagine buying it when COE was 50K and having the car delivered when COE is at 100K
Cool 50 K 'profit':roll:
 
Re: Madness !!! Euphoria !!!

Look like there will be retrenchment excercise in the car industries....after CNY.
 
Re: Madness !!! Euphoria !!!

yup. small fry got to go and left with big fish
good biz for workshop for modding/tuning (itchy backside) and servicing after warranty is over
expect long Q in workshop liao ... may be need to start another thread for workshop madness :lol:

BMWM3;600394 said:
Look like there will be retrenchment excercise in the car industries....after CNY.
 
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Re: Madness !!! Euphoria !!!

hitmee;600248 said:
haaaa
at this rate 320i will hit 200k soon

When that happens I sell my 320i to take 'profit' and look for a 20 year old Morris Mini to drive.
 
Re: Madness !!! Euphoria !!!

zorro;600372 said:
What goes up must come down....law of nature..including a man's erection..

Ah but u forgot our local 'law' - what goes up becomes more desirable. Law of Viagra :shakebon:
 
Re: Madness !!! Euphoria !!!

Skyjuice;600369 said:
Heard from the grapevine that pml sure cheong for coe in Jan feb cos of delivery of X1 and 5 series... The main orders are not delivered yet

if thats true, then wonder wat will happen to their trade in values 5 yrs later on high coe & super low omv....
 
Re: Madness !!! Euphoria !!!

Law of Viagra will lead to DCS..(Died Cock Stand!) Hope you stay away from these pills....natural is the rule of the game......

This is the repeat of the 1993 ...few more years down the road all cars will be prematurely scrapped when COE drop again and new car price drop unless SPore gov keep on reducing the COE supply

Putting my plan to change car on hold...dont want to be a sucker to pay unnecessary tax to the gov..already paid enough income tax ...

Markus;600417 said:
Ah but u forgot our local 'law' - what goes up becomes more desirable. Law of Viagra :shakebon:
 
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Re: Madness !!! Euphoria !!!

I often hear complaints on huge cc cars.... example "wa C63 mad lah, road tax is $7K + a year...... mai seow lah....."

Now people are amortising their COE on $7K+ annually !!!
 
Re: Madness !!! Euphoria !!!

when COE drop back to $30k-ish or lower, owner will scrap pretty new car to recover COE.
dealer will also pyscho owner ... no need to top up + drive new car + lower depreciation ... die die must go for it :D
 
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Re: Madness !!! Euphoria !!!

kenntona;600441 said:
I often hear complaints on huge cc cars.... example "wa C63 mad lah, road tax is $7K + a year...... mai seow lah....."

Now people are amortising their COE on $7K+ annually !!!

coz coe no matter wat car u buy also must pay, whereas the car road tax u can choose not to buy big cc mah.

anyways, looks like home prices near mrt will go up, & more sardine jam at mrt peak hrs... sian
 
Re: Madness !!! Euphoria !!!

The govt has realized a little too late that the erp does not do a good job of controlling road usage. They fail to understand that demand for road use will be pretty inelastic given the high prices that people are already paying upfront for their cars. I feel that if the govt really wants to reduce COE and conjestion at the same time then there are only two things that they should do:

1) Reduce the overall population in Singapore by changing the immigration policy. Fewer people => lower demand for transportation

2) Reduce the maximum loan that people can take as a percentage of the car price (i.e., change it from 100% of the car price back to 70%, 50% or even 30%). The nice thing about this is that it willl also encourage financial prudence amongst car buyers.
 

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