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Next COE Open Bidding Exercise Starts on 05/12/2011 12:00 hr


Patricklyb
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COE Open Bidding

Next COE Open Bidding Exercise Starts on 05/12/2011 12:00 hrs, Ends on 07/12/2011 16:00 hrs

 

The COE Quota available for next Bidding Exercise

Category Quota

A CAR (1600CC & BELOW) & TAXI 549

B CAR (ABOVE 1600CC) 354

C GOODS VEHICLE & BUS 242

D MOTORCYCLE 416

E OPEN 349

 

 

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As the coe is expected to stay high untill 2013-2014, when that time comes has anyone considered encashing their current coe prematurely and getting a new coe for their existing ride?

 

Its still way cheaper than buying a brand new ride especially since cars can typically have operational lifespans well above 10yrs?

 

Can anyone share how this is done? Thks

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COE Open Bidding

Bidding will end on 07/12/2011 16:00 hrs

 

Bidding status as at 06/12/2011 07:44:10.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 1 549 3

B CAR (ABOVE 1600CC) 1 354 1

C GOODS VEHICLE & BUS 1 242 0

D MOTORCYCLE 1 416 14

E OPEN 1 349 1

 

Source: Land Transport Authority

 

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As the coe is expected to stay high untill 2013-2014, when that time comes has anyone considered encashing their current coe prematurely and getting a new coe for their existing ride?

 

Its still way cheaper than buying a brand new ride especially since cars can typically have operational lifespans well above 10yrs?

 

Can anyone share how this is done? Thks

 

how much can u encash?

 

at most ARF+ residual COE 40k+ only.

 

cant even pay for the COE now.

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COE Open Bidding

Bidding will end on 07/12/2011 16:00 hrs

 

Bidding status as at 06/12/2011 13:19:40.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 1 549 5

B CAR (ABOVE 1600CC) 1 354 1

C GOODS VEHICLE & BUS 1 242 0

D MOTORCYCLE 1 416 28

E OPEN 1 349 2

 

Source: Land Transport Authority

 

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COE Open Bidding

Bidding will end on 07/12/2011 16:00 hrs

 

Bidding status as at 07/12/2011 07:42:25.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 1 549 6

B CAR (ABOVE 1600CC) 1 354 2

C GOODS VEHICLE & BUS 1 242 6

D MOTORCYCLE 1 416 131

E OPEN 1 349 2

 

Source: Land Transport Authority

 

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Taxi have just increase fare. To cover COE bids?? :wacko:

 

Given recent move by Comfort, it is a sign that they will be coming into the COE mkt soon to buy up the certificates for their new replacement.. It is inevitable that such costs will be pass onto the consumers. On the surface it appears that they are helping the cabbie, but I dun remember then putting the rental charge to cab drivers and how it will be revised after the fare hikes. Guess taxi drivers are just the mode of their possible px increase in the near future.

 

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COE Open Bidding

Bidding will end on 07/12/2011 16:00 hrs

 

Bidding status as at 07/12/2011 13:16:05.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 1 549 65

B CAR (ABOVE 1600CC) 1 354 56

C GOODS VEHICLE & BUS 1 242 38

D MOTORCYCLE 1 416 204

E OPEN 1 349 44

 

Source: Land Transport Authority

 

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so is COE prices down this bidding?

 

I'd be surprised if they dropped by any meaningful amount at this time of year - with Pre CNY deliveries being in mind along with year end bonus...

 

Unless of course, everybody has secured what they want for CNY already....

 

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If drop they will say many buyers on holiday as it is year end. If it rises, they will attribute it to the strong demand due to coming CNY and year end bonuses...can't be wrong right? hahaha....

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Bidding status as at 07/12/2011 15:18:55.00 hrs

Category Current COE Price ($) Quota Bids Received

A CAR (1600CC & BELOW) & TAXI 1 549 403

B CAR (ABOVE 1600CC) 1 354 288

C GOODS VEHICLE & BUS 1 242 104

D MOTORCYCLE 1 416 275

E OPEN 1 349 217

 

Source: Land Transport Authority

 

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no action yet.... guess today prices may go thru the roof????

Status quo...but given VW very aggressive in Advertisement....maybe will cheong a little....taxi come in...wah....swee.... [:)]

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