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asked about General

about 1 month ago

With such a high COE costs nowadays and there is an expectation that COE costs will continue to increase, is it advisable to change car now to lock in the COE price? Will I make a big loss if I change car now and then COE drops by 50%?

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Jax Chew

Hi bro,

Industry experts have made comments that the COE are still expected to raise.

If you have bought a car now, and for some unforeseen reason, the coe drops (changed in loan regulation for example). Everyone will make a loss as car prices will drop for sure which will impact the resale value.

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about 1 month ago