Personal Finance
Tea with AK71: Quick, buy a new car cheaper now!
By A Singaporean Stockmarket Investor (ASSI)  •  August 27, 2012
It is reported that last weekend saw 5 to 20% more new cars sold in the showrooms here as COE premiums declined for the first time in months. We probably have friends and family members who are looking to buy a car for a host of reasons. Although some might think that cars are not necessary in Singapore, many would beg to differ. Finance manager Lionel Ng, 58, and his wife, 53, a homemaker, own a MPV vehicle which will be 10 years old in October. Yesterday, they took advantage of the lower COEs to purchase a Toyota Altis which will replace their current car. Mr. Ng said: "The COE is still very expensive but we cannot wait anymore - I feel a car is a necessity in Singapore but right now, it's priced like a luxurty item."
Ms. Evelyn Tan, 36, self-employed, upgraded her vehicle from a 3 ......
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By A Singaporean Stockmarket Investor (ASSI)
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