In crazy rich Singapore, people outbid $$$ each other to own car$$$: https://youtu(dot)be/ZQ-YX-5bAs0 People play cat and mouse with government COE bidding platform till the last minute (like casino gambling?). Less than 1 hour to go and all COE prices are still just $1. Buying car in Singapore is something like horse racing or blackjack: to bid the right COE price for your car: Live 'betting' in action: https://www.onemotoring.com.sg/content/onemotoring/home/buying/coe-open-bidding.html