We all know used cars are the way to go now if we really need to get one, considering the madness of COE prices.We all know used cars are the way to go now if we really need to get one, considering the madness of COE prices. At time of writing, Cat A COE premium is at $88k, while both Cat B and Cat E premiums are both at $112k respectively. If this isn't madness, I genuinely do not know what is.
Best part of all, they all cost under an annual depreciation of $12k. So if you really need one, you'll still be able to own something really good despite mad COE prices.Getting a Honda Fit is like getting a T-Shirt from Uniqlo. It's a good fit, affordable, reliable and you won't be getting weird stares from casual observers on the road.
Of course, it also means there will be many other drivers who are driving the same car as you. Is that a bad thing? Nope, not at all. There's a good and logical reason why there are so many Honda Fit cars on the road.