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Bidding 2012

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153 replies to this topic | 0 praises

Poll: What is your take this time? (48 member(s) have cast votes)

A down and B up, do you agree?

  1. Yes (27 votes [56.25%])

    Percentage of vote: 56.25%

  2. No (21 votes [43.75%])

    Percentage of vote: 43.75%

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#141

Posted 18 October 2012 - 09:09 AM

Wt_know
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that's a fantasy

I predict that mid next year COE will be tweaked again.

If the price starts to drop back to around $40-$50k, the govt will move to "prop it up" (perhaps by restricting supply again, or some other measure).

Can you imagine what the market is going to be like if all of a sudden we have people that can trade in an $80k COE for a $40k COE? There will be a huge glut of cars being scrapped, which will just return us to boom n bust cycle.



#142

Posted 18 October 2012 - 09:10 AM

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Next bidding is 3 weeks later, normally will be higher due to more time to collect orders......

Another round of increase?



#143

Posted 18 October 2012 - 09:15 AM

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Next bidding is 3 weeks later, normally will be higher due to more time to collect orders......

Another round of increase?


obviously going up and shoot thru the roof by year end.

so and so - capitaine lentement


#144

Posted 18 October 2012 - 09:52 AM

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i wonder why people think coe will drop back to $40k-$50k
what will be the "catalyst" to trigger a sudden landslide of coe pricing?
govt happy happy release 5000 coes?



#145

Posted 18 October 2012 - 09:57 AM

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i wonder why people think coe will drop back to $40k-$50k
what will be the "catalyst" to trigger a sudden landslide of coe pricing?
govt happy happy release 5000 coes?

By looking at the tread of the COE over the recent years, seems like it is gradually increasing over the months, rather than coming down. The only change on the COE price is a slight drop of not more than 10K in between bidding. But overall the COE price still going up instead of coming down. So i guess once the COE have reached the current level, dont think it will drop sharply back to $40K level.
Life is very fragile.
Nobody knows what gonna happen next.

#146

Posted 18 October 2012 - 10:00 AM

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i wonder why people think coe will drop back to $40k-$50k
what will be the "catalyst" to trigger a sudden landslide of coe pricing?
govt happy happy release 5000 coes?

Those want to change cars predict exactly when the COE would come down and to what level! Rest all have to believe them biggrin.gif

#147

Posted 18 October 2012 - 10:10 AM

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The below numbers are approximate, based on deregistrations + 0.5% and 26 biddings per year and three categories (A,B,E)

2014 - 3,513 COE per bidding
2015 - 4,644
2016 - 4,240

In yesterdays round there were 995 Available COE in the same three categories.

with about four times as many COE available per bidding you don't think that perhaps the price might drop?

Behold the tortoise! He only makes progress when he sticks his neck out.
All that's required for evil to triumph is that good men do nothing

#148

Posted 18 October 2012 - 10:15 AM

Deckbuild
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Buy GS ah? Or new RX?


Prius C lah, where got so much money by GS or RX. By the way saw a 3 mth old GS250 for sale at BM Ubi showroom.

#149

Posted 18 October 2012 - 10:34 AM

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The below numbers are approximate, based on deregistrations + 0.5% and 26 biddings per year and three categories (A,B,E)

2014 - 3,513 COE per bidding
2015 - 4,644
2016 - 4,240

In yesterdays round there were 995 Available COE in the same three categories.

with about four times as many COE available per bidding you don't think that perhaps the price might drop?



Err, here are only 24 biddings a year. (so per bidding round will be more) BUT,

Might not have 0.5% increase then, most prob when the more COEs become available, Possibility will be ZERO growth or even negative......

There will be clawback that was deferred. [exact amt?]

But still will have boom/bust cycle.....

Edited by Akula, 18 October 2012 - 10:38 AM.


#150

Posted 18 October 2012 - 10:36 AM

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Prius C lah, where got so much money by GS or RX. By the way saw a 3 mth old GS250 for sale at BM Ubi showroom.



Saw a light green (aqua?) colour 8 month old Prius C in the showroom as well.


#151

Posted 18 October 2012 - 10:41 AM

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Err, here are only 24 biddings a year.

Might not have 0.5% increase then, most prob when the more COEs become available, will be ZERO growth or even negative......

There will be clawback that was deferred.

But still will have boom/bust cycle.....


Doh - sorry - that makes my figures off on the low side (and actually I did 0.5% of dereg also, not 0.5% of vehicle pop)

But for the rest of the post - that was kinda what I was trying to assert - come the "bumper deregistrations" I seriously believe there will be changes to the system that will keep COE relatively high.

Providing a $40k "incentive" to change a 2-3 year old car cannot be healthy. Having a market where something like 40% of the total car population is all changed within a 3 year period cannot be healthy (considering the useful lifespan of a car should be at least 10 years)

Behold the tortoise! He only makes progress when he sticks his neck out.
All that's required for evil to triumph is that good men do nothing

#152

Posted 18 October 2012 - 10:41 AM

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Saw a light green (aqua?) colour 8 month old Prius C in the showroom as well.


Yep, thats a test car, kena whack gao gao already and time to sell 2nd hand. The GS250 is driven by their management(what I was being told). Anyway it's good to buy those unit since it's still so new and price being slash as compare to new cars.

I guess soon will have tonnes of test cars going into 2nd hand market from all AD.

#153

Posted 18 October 2012 - 10:58 AM

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it just crazier and crazier...wonder when it will really drop.....when we have world class transportation system?

#154

Posted 18 October 2012 - 11:00 AM

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it just crazier and crazier...wonder when it will really drop.....when we have world class transportation system?


I thought we had world crass class cramped transport system already?
Behold the tortoise! He only makes progress when he sticks his neck out.
All that's required for evil to triumph is that good men do nothing


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