Well if someone has a business that bring in millions annually, what is another S$90k to pay on top of the car price.....
It’s just peanuts after all....
Those that joined the car owners club during the good years of low COE may become one hit, rather one car, wonder.......
Unless something happened to jolt the market, they are unlikely to afford another car.......
They could go back to motorcycles or to public transport ... Which they probably were using when COE was in the S$40k range.....
It’s plain foolish to pay so much for the entitlement....
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