COE Bidding 1st - Apr 2013

[Steptronic]

Next COE Open Bidding Exercise Starts on 08/04/2013 12:00 hrs, Ends on 10/04/2013 16:00 hrs

 

Quota for A is 341 (Presently @ 64,209$)

Quota for B is 302 (Presently @ 73,900$)

Quota for E is 245 (Presently @ 73,301$)

 

All the best to those bidding this time!

[Hexxor]

Too many desperate buyer that have full loan waiting for car. No drop yet. May increase for all u know

[Blackyv]

Both would maintain or up for the coming 2mths... the real test would be in Jul/Aug...

[Hexxor]

the real crash should be starting only 2014/15 due to high level of cars with expiring COE

[Pandaeyes]

Likely COE for CAT A is around 50 - 55k since the rebate level for majority of last month orders were ard 50k. Once this batch cleared, the next batch will be those 40-45k rebate levels.

 

CAT B should be 72-75k, marginal increase or maintained.

 

Anyway, its just my personal observations. Cheers.

[Princey_anne]

the real crash should be starting only 2014/15 due to high level of cars with expiring COE

Maybe many will renew Coe since most cannot afford the upfront loan.

[HP_Lee]

Thinking of it. A COE is a paper. In the first place, it shouldn't be funded by loans. That's kinda funny in Singapore.

[13177]

Should not have drastic drop in this round coe.

[Leafable]

the real crash should be starting only 2014/15 due to high level of cars with expiring COE

 

Remember the evil claw is out there by then to do the claw back.

[Ben5266]

Thinking of it. A COE is a paper. In the first place, it shouldn't be funded by loans. That's kinda funny in Singapore.

ya..

... and we buy insurance for it....

 

... we all quite stupid right?

[HP_Lee]

ya..

... and we buy insurance for it....

 

... we all quite stupid right?

 

You are right.

 

That's why a car is a luxury item. Is a want. Not a need. Cars for for those, who have the extra to throw at

[Steptronic]

Thinking of it. A COE is a paper. In the first place, it shouldn't be funded by loans. That's kinda funny in Singapore.

Where is that paper? I have not seen that paper too!

[Manmaster]

Thinking of it. A COE is a paper. In the first place, it shouldn't be funded by loans. That's kinda funny in Singapore.

 

Technically speaking, it's not even a piece of paper. Have u seen COE paper before? It's just computer datum.

[Hexxor]

I had seen COE paper..... same quality as toilet paper.....

 

why we have to pay so much for a piece of paper to get a car?

[HP_Lee]

Technically speaking, it's not even a piece of paper. Have u seen COE paper before? It's just computer datum.

 

That is worst-off. But many still borrow heavily to buy car leh. Now I know why, sooo.. many are getting poorer day by day, by funding a depreciated asset. [laugh]

[HP_Lee]

Where is that paper? I have not seen that paper too!

 

That's worst off. but many still buy in. [laugh]

[Spring]

Any bros here who booked cars with $40k thereabouts COE rebate and were successful last round or the one before?? Cos I heard some dealers although say $40k rebate but bid $60k+ for CAT A cos they still make abeit much lesser. Better make less than nothing at all right??

[Elmo]

Wonder those who have booked under high loan need to cancel booking or go for the 50/60% loan instead?