
I heard that there are some companies that bring in pre-owned foriegn cars that have very low mileage. They are then registered as a new car in Singapore. The price is also $10 to $20K cheaper
Anyone knows which company is good?
no profit zero is lost just take back PARF !!
Cars are not meant for investment. The probaility of them appreciating after you bought them is close to zero.
Blogging at moneytalk.sg on the stock market, ETF and anything to do with money.
Cannot say buying stock better than cars.. Is 2 different things to compare. cheers. Its a balance.
Stocks is for you to make money to buy nice car.
Hulumas ( Date: 18-Dec-2008 16:56) Posted:
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Used car market still going strong. Prices have not collasped yet.
Absolutely agree!
leong3k ( Date: 18-Dec-2008 16:35) Posted:
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Invest stock better than invest car as after 10 yrs definitely lost > 80% but stock u may profit > 80% base on current price..just my opinion..
scotty ( Date: 18-Dec-2008 15:10) Posted:
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Certificate of Entitlement (COE) prices for Cat B cars have plunged 59 per cent at the close of the second bidding for December.
Prices finished at $2,656 - an all-time low for 2008 - and a big drop from the $6,501 recorded at the month's first bidding.
COE prices in other categories displayed moderate dips mostly.
Premiums for Cat A - for cars 1,600 cc and below, and taxis - dropped from the month's first bidding price of $7,721 to $6,200.
The Goods Vehicle and Buses category, Cat C, finished at $4,001 - a 23 per cent dip from $5,212.
Premiums for Cat E, the open category, closed at $6,509 from $7,589.
Cat D premiums for motorcycles dipped slightly from $1,102 to $1,059.