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Car Prize Winner ...... surprised it doesn't come with COE .

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Barnsley
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Car Prize Winner ...... surprised it doesn't come with COE .

Postby Barnsley » Fri, 01 Nov 2013 7:48 pm

:shock:
Life is short, paddle harder!!

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zzm9980
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Postby zzm9980 » Fri, 01 Nov 2013 8:06 pm

Yes, I saw this too. A Lexus IS250F Sport is a Citibank prize. No COE included.

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Postby therat » Fri, 01 Nov 2013 8:42 pm

this is the usual case for almost all the contest I come across in Singapore.

You only won the car. That's it.

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Postby Barnsley » Fri, 01 Nov 2013 9:22 pm

Does seem of little benefit....
Why not just give a cash prize instead?
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Postby zzm9980 » Sat, 02 Nov 2013 8:41 am

Barnsley wrote:Does seem of little benefit....
Why not just give a cash prize instead?


There are probably significant accounting differences between awarding cash and a prize. Plus partnership promotions, etc...

Besides, anyone looking to buy a new car of that class in Singapore will need at least the cost of the COE for their 50% downpayment. So if you're in the market, it's not a bad prize to win. If you're not in the market, I'm sure the dealershiper will buy the car back from you at a good profit to them.


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