Apparently it's cyclic, every 10 years a lot of cars reach 10 years, the market is flooded with COE and it gets cheaper.
Really? I would have expected CoEs to be roughly evenly staggered.
Also keep in mind that when lots of CoEs expire at the same time, you'll also have more demand in the market from those people whose CoE just expired, but who still want a car.
alt Hacker News
Really? I would have expected CoEs to be roughly evenly staggered.
Also keep in mind that when lots of CoEs expire at the same time, you'll also have more demand in the market from those people whose CoE just expired, but who still want a car.