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

[Barnsley]

[zzm9980]

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

[therat]

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

You only won the car. That's it.

[Barnsley]

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

[zzm9980]

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.