The Car Expo draws bargain hunters despite record COE premiums

South Africa News News

The Car Expo draws bargain hunters despite record COE premiums
South Africa Latest News,South Africa Headlines
  • 📰 straits_times
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 69%

The Car Expo drew in crowds looking for good deals on new and pre-owned cars. Read more at straitstimes.com.

SINGAPORE - The record certificate of entitlement premiums have not deterred car shoppers from looking for good deals at The Car Expo being held this weekend at Singapore Expo.more COEs will be available for tender from November

The spokesman for Borneo Motors, Lexus’ agent, said that as much as it is about selling cars, “such events are also opportunities for us to talk about technologies like electrification and hybrid”. The accountant found that with the rising COE premium, the value of her existing car was nearly what she had paid five years ago, reducing her outlay for the new car. She will be collecting her new car within the next two weeks.

Meanwhile, a managing director of a mass-market car brand said that at such an event where rival brands are located so near to one another and the prices are widely advertised, sales staff cannot afford to hold back discounts for later, as the customer can easily walk over to the next booth to get a better deal.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

straits_times /  🏆 5. in SG

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Big Read: Despite sky-high COE prices, Singaporeans’ car dreams never fadeThe Big Read: Despite sky-high COE prices, Singaporeans’ car dreams never fadeSINGAPORE — Not long after getting his driving licence, car enthusiast Mohammad Izzraimy Mohammad Isham made an “impulsive” purchase — a second-hand Honda Civic for around S$28,800.
Read more »

The Big Read in Short: What drives Singaporeans' car-owning dreams amid soaring COE prices?The Big Read in Short: What drives Singaporeans' car-owning dreams amid soaring COE prices?SINGAPORE — Not long after getting his driving licence, car enthusiast Mohammad Izzraimy Mohammad Isham made an “impulsive” purchase and bought himself a second-hand Honda Civic costing around S$28,800.
Read more »

COE quota to increase by 13% in the quarter starting NovemberCOE quota to increase by 13% in the quarter starting NovemberThe COE supply for categories A, B and C is expected to keep increasing in 2024, says the Land Transport Authority.
Read more »



Render Time: 2025-02-28 20:53:32