Duk33d Neutral Newbie May 2, 2013 Share May 2, 2013 (edited) Why do we need 3 or 4 categories of COE when they are same? The recent improvised COE cats, all same price, takes a genius to figure that out... The best solution to your traffic problem or the best tweak to the previous coe formula is to have the same coe price for all categories.. [laugh] This to due to the economic law of convergence, where it states that the optimum coe prices must converge for all 4 wheeled motor vehicles in the long run. CAT A Car (1600cc & below) & Taxi [View Past CAT A Results] Quota Premium Change Prevailing Quota Premium Quota Bids Received $62,497 Up $1,468 $81,237 333 993 CAT B Car (Above 1600cc) [View Past CAT B Results] Quota Premium Change Prevailing Quota Premium Quota Bids Received $62,000 Down $5,010 $84,879 310 683 CAT C Goods Vehicle & Bus [View Past CAT C Results] Quota Premium Change Prevailing Quota Premium Quota Bids Received $58,502 Up $2,491 $55,590 225 354 CAT E Open [View Past CAT E Results] Quota Premium Change Prevailing Quota Premium Quota Bids Received $62,000 Down $4,989 - 240 421 Edited May 2, 2013 by Duk33d ↡ Advertisement Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic May 2, 2013 Share May 2, 2013 Think now cat A also belong to luxury category like C class and S80. So wads the purpose of cat A? Link to post Share on other sites More sharing options...
The_Bear Turbocharged May 2, 2013 Share May 2, 2013 Why do we need 3 or 4 categories of COE when they are same? The recent improvised COE cats, all same price, takes a genius to figure that out... The best solution to your traffic problem or the best tweak to the previous coe formula is to have the same coe price for all categories.. This to due to the economic law of convergence, where it states that the optimum coe prices must converge for all 4 wheeled motor vehicles in the long run. CAT A Car (1600cc & below) & Taxi [View Past CAT A Results] Quota Premium Change Prevailing Quota Premium Quota Bids Received $62,497 Up $1,468 $81,237 333 993 CAT B Car (Above 1600cc) [View Past CAT B Results] Quota Premium Change Prevailing Quota Premium Quota Bids Received $62,000 Down $5,010 $84,879 310 683 CAT C Goods Vehicle & Bus [View Past CAT C Results] Quota Premium Change Prevailing Quota Premium Quota Bids Received $58,502 Up $2,491 $55,590 225 354 CAT E Open [View Past CAT E Results] Quota Premium Change Prevailing Quota Premium Quota Bids Received $62,000 Down $4,989 - 240 421 Strange that this question was not popped when Cat A was substantially lower than Cat B. Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic May 2, 2013 Share May 2, 2013 Strange that this question was not popped when Cat A was substantially lower than Cat B. Ts just realize cat A getting expensive Link to post Share on other sites More sharing options...
Kezg1 5th Gear May 3, 2013 Share May 3, 2013 Why do we need 3 or 4 categories of COE when they are same? The recent improvised COE cats, all same price, takes a genius to figure that out... The best solution to your traffic problem or the best tweak to the previous coe formula is to have the same coe price for all categories.. [laugh] This to due to the economic law of convergence, where it states that the optimum coe prices must converge for all 4 wheeled motor vehicles in the long run. CAT A Car (1600cc & below) & Taxi [View Past CAT A Results] Quota Premium Change Prevailing Quota Premium Quota Bids Received $62,497 Up $1,468 $81,237 333 993 CAT B Car (Above 1600cc) [View Past CAT B Results] Quota Premium Change Prevailing Quota Premium Quota Bids Received $62,000 Down $5,010 $84,879 310 683 CAT C Goods Vehicle & Bus [View Past CAT C Results] Quota Premium Change Prevailing Quota Premium Quota Bids Received $58,502 Up $2,491 $55,590 225 354 CAT E Open [View Past CAT E Results] Quota Premium Change Prevailing Quota Premium Quota Bids Received $62,000 Down $4,989 - 240 421 These is all about revenues...If they are really serious about solving traffic problems...reduce the number of COE issue out.. I am c*ck sure is very effective but miw won't do it Link to post Share on other sites More sharing options...
Kar_lover Supercharged May 3, 2013 Share May 3, 2013 These is all about revenues...If they are really serious about solving traffic problems...reduce the number of COE issue out.. I am c*ck sure is very effective but miw won't do it Are u kidding?? If they didn't reduce the quota of COE, why did COE go from $20k in 2008 to $90k last year? Link to post Share on other sites More sharing options...
Hexxor 1st Gear May 3, 2013 Share May 3, 2013 For profit..... if they can they want additional category to the COE.... 1.4 and below 1.4-1.8 1.8-2.4 2.4 and above.... HUAT ah~! Link to post Share on other sites More sharing options...
VellfireS 4th Gear May 3, 2013 Share May 3, 2013 For profit..... if they can they want additional category to the COE.... 1.4 and below 1.4-1.8 1.8-2.4 2.4 and above.... HUAT ah~! 1.4 and below.. if more ex.. VW tio liao.. Link to post Share on other sites More sharing options...
Kangadrool Supersonic May 3, 2013 Share May 3, 2013 Should merge CAT A and B. Create another CAT for Mickey Mouse car. Link to post Share on other sites More sharing options...
Simplecar 4th Gear May 3, 2013 Share May 3, 2013 depends on the orders for each Cat also. Let it be bah. Let the consumers decide. If Cat B is much lower, no prize for guessing what happens next. Link to post Share on other sites More sharing options...
Kezg1 5th Gear May 3, 2013 Share May 3, 2013 Are u kidding?? If they didn't reduce the quota of COE, why did COE go from $20k in 2008 to $90k last year? .... what I refer to is reduce the number of COE issue out constantly...whether the $$ is up or down,...surely the traffic problems will be solved...now we have almost 1 mils..be it cars, lorries, vans, truck, motorcycles & buses Link to post Share on other sites More sharing options...
Sudonphur Neutral Newbie May 3, 2013 Share May 3, 2013 how come bike Coe also count 1 unit as total pop Link to post Share on other sites More sharing options...
Gildor8 Neutral Newbie May 3, 2013 Share May 3, 2013 Why do we need 3 or 4 categories of COE when they are same? The recent improvised COE cats, all same price, takes a genius to figure that out... The best solution to your traffic problem or the best tweak to the previous coe formula is to have the same coe price for all categories.. [laugh] This to due to the economic law of convergence, where it states that the optimum coe prices must converge for all 4 wheeled motor vehicles in the long run. CAT A Car (1600cc & below) & Taxi [View Past CAT A Results] Quota Premium Change Prevailing Quota Premium Quota Bids Received $62,497 Up $1,468 $81,237 333 993 CAT B Car (Above 1600cc) [View Past CAT B Results] Quota Premium Change Prevailing Quota Premium Quota Bids Received $62,000 Down $5,010 $84,879 310 683 CAT C Goods Vehicle & Bus [View Past CAT C Results] Quota Premium Change Prevailing Quota Premium Quota Bids Received $58,502 Up $2,491 $55,590 225 354 CAT E Open [View Past CAT E Results] Quota Premium Change Prevailing Quota Premium Quota Bids Received $62,000 Down $4,989 - 240 421 I am not sure on the law of convergence....would it be that basing on the way we get the finalised COE number....(lowest of the bidder in the bucket), that if we combine all the COE together, the base will be alot more, which would lower the COE confirmed price?. Link to post Share on other sites More sharing options...
Simplecar 4th Gear May 3, 2013 Share May 3, 2013 I am not sure on the law of convergence....would it be that basing on the way we get the finalised COE number....(lowest of the bidder in the bucket), that if we combine all the COE together, the base will be alot more, which would lower the COE confirmed price?. when you combine, the rich would overwhelm the market. Having more than one category, say Cat A may result in the poorer ones competing against each other and could possibly result in COEs that are higher than Cat B. Link to post Share on other sites More sharing options...
Irenearris1 Neutral Newbie May 3, 2013 Share May 3, 2013 It checks good. Link to post Share on other sites More sharing options...
Ngjs Neutral Newbie May 4, 2013 Share May 4, 2013 Any idea whether in near future, govt going to revise the COE categories? Link to post Share on other sites More sharing options...
Fuelsaver Supercharged May 4, 2013 Share May 4, 2013 Any idea whether in near future, govt going to revise the COE categories? u thinkin there're high officials in this forum? Link to post Share on other sites More sharing options...
Cluboxed 1st Gear May 4, 2013 Share May 4, 2013 haha....i also want to know the changes =P ↡ Advertisement Link to post Share on other sites More sharing options...
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