There is a few letters in the newspaper about bidding for COE (certificate of entitlement) to use a private car.
Apparently, the buyers are not happy that the car dealers will pocket the profit from a drop in the COE price. If the price increase, the deliver is not obliged to deliver the car and can pressure the buyer to top up.
Perhaps, the car buyers should learn how to bid for the COE on their own. It may not be difficult.
If someone is knowledgeable how this can be done, send an e-mail to me. I shall share the experience. Maybe, the car buyer can get better control of the process.
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