Singapore Expats Forum

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

Discuss about any latest news or current affairs in Singapore or globally. Please DO NOT copy and paste news articles from other sources without written permission.
User avatar
Barnsley
Manager
Manager
Posts: 2066
Joined: Tue, 10 Jun 2008
Location: Pasir Ris
Contact:

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!!

User avatar
zzm9980
Governor
Governor
Posts: 6837
Joined: Wed, 06 Jul 2011
Location: Once more unto the breach

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.

therat
Reporter
Reporter
Posts: 516
Joined: Thu, 04 Sep 2008

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.

User avatar
Barnsley
Manager
Manager
Posts: 2066
Joined: Tue, 10 Jun 2008
Location: Pasir Ris
Contact:

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

Does seem of little benefit....
Why not just give a cash prize instead?
Life is short, paddle harder!!

User avatar
zzm9980
Governor
Governor
Posts: 6837
Joined: Wed, 06 Jul 2011
Location: Once more unto the breach

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.


  • Similar Topics
    Replies
    Views
    Last post
  • Surprised to see vandalism in Singapore
    by kimpak » Sun, 05 Mar 2017 11:06 pm » in Latest News & Current Affairs
    0
    1681
    by kimpak View the latest post
    Sun, 05 Mar 2017 11:06 pm
  • Renew COE or buy new car
    by skipper » Tue, 10 Jan 2017 2:48 pm » in Cars & Motorcycles
    37
    7219
    by PNGMK View the latest post
    Mon, 31 Jul 2017 1:05 pm
  • Prize headlines
    by JR8 » Thu, 30 Jan 2014 1:00 pm » in Leisure Chat, Jokes, Rubbish
    1
    847
    by nakatago View the latest post
    Thu, 30 Jan 2014 1:45 pm
  • What comes after COE expires ?
    by chrissi3 » Fri, 14 Sep 2012 5:43 pm » in Cars & Motorcycles
    4
    5749
    by taxico View the latest post
    Sat, 15 Sep 2012 4:12 pm
  • COE
    by Lauder2012 » Sun, 21 Oct 2012 9:46 am » in Staying, Living in Singapore
    1
    1449
    by zzm9980 View the latest post
    Sun, 21 Oct 2012 10:24 am

Return to “Latest News & Current Affairs”

Who is online

Users browsing this forum: No registered users and 0 guests