Regulate car financing

[egghead]

I always feel that COE prices will come down to a lower level if car agents are NOT ALLOWED to bid for COE and package it together with the car. My view is that if the COE must be paid for in cash by the car buyer (and not financed by loan), the demand for car will come down quite quickly as not many people have this kind of up-front cash, or are likely more reluctant, to throw on a depreciating asset.