Hi bro..
Don't worry.. COE will eventually come down.. but the movement
won't be too drastic..
Cos the government cut COE quota.. Unless government increase
the quota again lar..
Which is near to zero possibility..
:D
Increase quota? That sounds impossible for at least the next 5
years...lol... 
The govt. is encouraging people to take public transport... no
room for negotiations when it comes to cars... 
For now, the only way for quota to increase is when the number
of deregistrations increases. But now, the rate is slow...