New Car Prices Sored
Sunday, 14th March 2010
New car show rooms across the island have increased prices by about S$5,000 in anticipation of a smaller number of COEs. Most car buyers understand what the move to slash COE quotas from 5,885 to 4,238 will mean, but are unfazed. However, some others are not wasting time and sales persons are busy closing deals in case prices go up further. COE premiums are expected to go on the upward trend, new cars will be pricier.