Prospective car buyers were expected to flock to showrooms this weekend to take advantage of the recent drop in Certificate of Entitlement (COE) prices for small cars.
But on the Leng Kee Road stretch, Good Friday was noticeably quieter compared to two weekends ago. An employee at BMW agent Performance Motors, said it was 'like a fish market' the last couple of weeks. He added, "But as you can see it is not as busy today."
Mr Victor Kwan, Managing Director at Volvo agent Wearnes Automotive, said 70 percent of cars sold yesterday were small, reversing last weekend's trend. He said, "The overall car buying interest is still there. It should still be better than an average weekend."
Big cars such as the BMW 5 series and Audi A6 continue to be popular. Pilot Sanjay Kaushik, 47, who was looking for a big car, said, "Even though they are not as cheap as two weeks ago, the big cars remain appealing as the COE prices are still much lower than they were just one and a half months ago." In February, COE prices for big cars hit $92,667.
Brands reporting 'healthy' foot traffic attributed it to newly released models, such as the Nissan Sylphy and the Porsche Cayman, or roadshows such as Volvo's at VivoCity.
But on the Leng Kee Road stretch, Good Friday was noticeably quieter compared to two weekends ago. An employee at BMW agent Performance Motors, said it was 'like a fish market' the last couple of weeks. He added, "But as you can see it is not as busy today."
Mr Victor Kwan, Managing Director at Volvo agent Wearnes Automotive, said 70 percent of cars sold yesterday were small, reversing last weekend's trend. He said, "The overall car buying interest is still there. It should still be better than an average weekend."
Big cars such as the BMW 5 series and Audi A6 continue to be popular. Pilot Sanjay Kaushik, 47, who was looking for a big car, said, "Even though they are not as cheap as two weeks ago, the big cars remain appealing as the COE prices are still much lower than they were just one and a half months ago." In February, COE prices for big cars hit $92,667.
Brands reporting 'healthy' foot traffic attributed it to newly released models, such as the Nissan Sylphy and the Porsche Cayman, or roadshows such as Volvo's at VivoCity.
