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.
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