Downward trend for COE

If you are planning to change your aging car or to buy your dream car, hold your horses! This is because more COEs will be available when more cars are disgregistered. This is because cars bought between 2004 and 2008 are reaching end of their 10 year lifespan. This is the period where the most number of COEs were available back then. Trend will continue until 2018. It may dip below $60,000 by next year and $45,000 in the next 3 years. This is according to the transport management expert Park Byung Joon. Well, let's see if he's right.

Which car brand has the most complaints?

If you guess it is toyota, you are partly correct. Well, it is Lexus! Surprise surprise. It is true after all that the Japanese car markers are quality stuff. The most complaints are Mitsubishi and Honda is the 2nd best among the Japanese car markers. Korea cars are below the industry average. All these are pretty consistent. Good guide for car buyers.