100k is the new norm.

Repost as advised. Seems like 100k is the new norm. As I got my car 3 years ago, where my COE was only at 48k, it does not make financial sense for me to buy now. If the COE drops to 50k within the next 7 years, I will buy my next car as I do enjoy the benefits that come with the car, e.g. convenience, mobile shelter and a mobile luggage. If it goes beyond 100k (thats more than 4x the OMV of the typical sedan car), I will sing all the benefits of taking public transport instead, e.g., during movement, I can now optimise my time doing many things (e.g. staring at moo moo app to invest or not) instead of concentrating driving on the road. Think of all the money you can save when you do the math, especially since I have no kids to ferry around, no car maintainence to worried. I still get to slip the milk slowly but surely, without owning and maintaining the cow.