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COE prices are fluctuating. Is it a good time to buy new car?

COE Prices still at very high level at around 100k.

To own a car in SG comfortably, your income level has to be 8k monthly at least. pls bear in mind that There are many other expenses comes with the car.

I own a car now with COE expiring in 2026. My COE then was ard 40k. I am considering to get rid of car when the current COE expired. 
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