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COE below S$20k, would you buy a car in Singapore?
Hello Mooers! ![]()
Some Mooers are forced to buy a car due to their work requirement or work location, ![]()
while other Mooers may have the choice to take public transport to work if their workplaces are easily accessible to public transport.
Having a car is ![]()
undoubtedly convenient for Mooers since it eliminates the need to wait ![]()
more than eight minutes (https://www.statista.com/statistics/1232840/singapore-average-waiting-time-during-commute-trip/) for public transport or ![]()
deal with bunching, which occurs when two or more of the same service number arrive at the same time.
If given the option, would Mooers buy a car if the COE dropped below S$20k, as it did from 2006 to 2009? ![]()
Please come and share your thoughts, and also participate in the vote below. ![]()
That's all for today, and always remember to DYODD (Do your own due diligence) when making any kind of investment.
Thank you and Godspeed! ![]()
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Cui Nyonya Kueh :
Mars Mooo OP Cui Nyonya Kueh :
101764215Moi : For me is worth buying a car becos I share w my brother. We would drive to JB every week to buy groceries, eat and see dentists (sometimes).
Mars Mooo OP 101764215Moi :
007Traveller :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Mars Mooo OP 007Traveller :
102905663 : Definitely no because a car is a liability unless you really need it for a good reason.
Mars Mooo OP 102905663 :
Siausin : Public transport in Singapore is excellent. Owning a car in Singapore is a waste of money. I would invest the money rather than owning a car
soyabean89 : moo moo when tie up with car manufacturers give discount code to buy their stock( car or share also can)?![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
I can only afford BMW. getting expensive over the year..yearly review more than my salary review
soon have to ditch BM...
boss dun allow remote working how
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