Local News: Price drops after close of COE bidding on 7 July

Local News: Price drops after close of COE bidding on 7 July

Cat A COE premiums dip $2,009 to close at $29,501 while Cat B prices fell by $4,002 to close at $35,909 after the latest round of bidding which closed on Wednesday. Our guide here depict the models that have the biggest price slash after the price adjustments made by dealers this week:

OneShift Editorial Team
OneShift Editorial Team
09 Jul 2010

Mercedes-Benz CLC 180 Kompressor Sports Pack - $157,888 (-$10,000)
The CLC is hardly the best two door Merc model out there as it is actually based on the C-Class Sports Coupe underneath despite its contemporary exterior. Its lowered sticker price this week ought to give fans of three-pointed star another excuse other than the CLC’s pretty looks to go out there to buy one. Moreover, it’s the model that has the Sports Package with bits from AMG that is cheaper by $10k this week.

Lexus RX350 - $208,000 to $212,000 (-$8,000)
The Lexus SUV’s rock solid image is hard to surpass despite the introduction of several other new crossover SUVs from rival premium brands. While models like the Audi Q5 offer more performance, nothing beats the Lexus when it comes to outright refinement. Build quality is brilliant and the interior offers sufficient room for the family. Two variants are offered - a base model and a better equipped Luxury one at $4,000 more.

Citroen DS3 1.6 VTi - $89,988 ( -$8,000)
This weekend will see the official launch of the DS3, the French answer to the Mini. To celebrate its launch, Citroen is offering an outright discount of $8,000 for the base automatic DS3. The fresh looking DS3 doesn’t handle or perform as well as the Mini Cooper but it is more comfortable and refined than the British icon. Like the Mini, the DS3 can be extensively customized with options like coloured roof and wheels as well as graphics.

Toyota Camry - $115,988 to $121,988 (-$7,000)
Despite newer rivals like the Nissan Teana and Hyundai i45 among others, the Camry is the perennial favourite among large saloon buyers. This week, the large saloon benchmark is priced $7,000 more affordable giving many more than a good enough reason to join the ranks of proud Camry owners. The 2-litre model is the volume seller but if your budget allows for an additional $6,000, we’d recommend the 2.4 – it is not only better equipped but the engine’s more refined too.


Lexus ISC - $210,000 to $225,000 (-$7,000)
Lexus’ BMW 3 Series Convertible rival is offered in two trim levels, with the higher spec Luxury $15k more than the base model. Prices for both variants are down by as much as $7,000 this week. The ISC doesn’t drive as well as its BMW rival but it is certainly more refined. It looks better in lighter hues so trust us on this one – get a white or silver one.

Other than the abovementioned models, car buyers will also save on other Tpyota models like the popular Vios as well as up to $2,500 on Cat B Volkswagen models like the GTI. Please visit this link for the full list of price drops: http://www.oneshift.com/pdb/car_price_change.php


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