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2014 Nov 1st COE Bidding Exercise


yo2020
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hohoho... what is the impact of 23% more Cat A, 13% more Cat B n 12% more Cat E?? enough for hungry buyers???

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hohoho... what is the impact of 23% more Cat A, 13% more Cat B n 12% more Cat E?? enough for hungry buyers???

 

 

Heard both Toyota and Nissan have up their Cat A prices by $2k from last bidding

 

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Premiums for CAT A and B will go up. There are still a lot of unsuccessful bids, according to the Kia salesman at vivocity.The only good thing is that will up gradually, instead of a huge spike. Those who wann renew coe has to do it fast. those who are waiting on the sidelines for price to fall will de disappointed.

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Premiums for CAT A and B will go up. There are still a lot of unsuccessful bids, according to the Kia salesman at vivocity.The only good thing is that will up gradually, instead of a huge spike. Those who wann renew coe has to do it fast. those who are waiting on the sidelines for price to fall will de disappointed.

Cat c quota drop by half!!!!! [laugh]

HUAT ah!!!!!!!

Maybe for the first time in histroy, cat c will exceed cat a b e [laugh]

Lori take lane 1 become 天精地义 [laugh]

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Nah.....

Cat c quota drop by half!!!!! [laugh]
HUAT ah!!!!!!!
Maybe for the first time in histroy, cat c will exceed cat a b e [laugh]
Lori take lane 1 become 天精地义 [laugh]

 

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I had been visiting showrooms past 2 weeks, mainly jap ADs. Personal feeling is that carbuyers had not increased recently, so I think the premiums will not be higher. Personally i hope premiums increase for the next few months as this means more people commit now instead of later.

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Premiums for CAT A and B will go up. There are still a lot of unsuccessful bids, according to the Kia salesman at vivocity.The only good thing is that will up gradually, instead of a huge spike. Those who wann renew coe has to do it fast. those who are waiting on the sidelines for price to fall will de disappointed.

there r always a lot of unsuccessful bids, dont spread fear la.

in last 2 mths the number of bids to Cat A quota was almost 2 to 1. ie. ~1092 vs ~572.

bck in Apr 2013, it was 3 to 1 (ie. 993 vs 333), but COE premium is also ~$62.5k.

we r going to see ~700 Cat A quota frm this coming bidding onwards. this number is something we hv not seen since Jul 2010 (that's more than 4 yrs ago)!! :o

of course, COE premium is going to go up or down will depend on the number of willing cash-rich buyers.

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hohoho... what is the impact of 23% more Cat A, 13% more Cat B n 12% more Cat E?? enough for hungry buyers???

COE high or low is manipulated by ADs, buyers cannot do anything,

so AD's COE rebate value is roughly the next round COE threshold,

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COE high or low is manipulated by ADs, buyers cannot do anything,

so AD's COE rebate value is roughly the next round COE threshold,

Yo2020 provide lots of stats, but,such stats mean nothing. What u said hits the nail on the head

there r always a lot of unsuccessful bids, dont spread fear la.

in last 2 mths the number of bids to Cat A quota was almost 2 to 1. ie. ~1092 vs ~572.

bck in Apr 2013, it was 3 to 1 (ie. 993 vs 333), but COE premium is also ~$62.5k.

we r going to see ~700 Cat A quota frm this coming bidding onwards. this number is something we hv not seen since Jul 2010 (that's more than 4 yrs ago)!! :o

of course, COE premium is going to go up or down will depend on the number of willing cash-rich buyers.

I not spreading anything. It's just that a kin agent perspective sure win over the stats
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wah... not very encouraging leh... [shakehead][smallcry][/quote

 

Stats are encouraging, but the coe rebate level plays an important part. I think most of the orders outstanding have rebate level around 55k

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I dont think AD can truly manipulate COE prices. It ultimately depends on how much $$$ they want to make.

 

What we are seeing now is the Supply side. With this fixed, what's more important is the Demand side, that will be the determinant of whether prices go UP or DOWN.

Edited by ST69
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From now to X'mas & CNY, is the peak period, people want to buy new cars. Furthermore, year end is usually where $ bonus is given, thus COE price may not even drop. It may even rise slightly.

 

But in the long term, it should drop gradually as more cars scrapped provided there is no clawback in supply by LTA.

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From now to X'mas & CNY, is the peak period, people want to buy new cars. Furthermore, year end is usually where $ bonus is given, thus COE price may not even drop. It may even rise slightly.

 

But in the long term, it should drop gradually as more cars scrapped provided there is no clawback in supply by LTA.

is there any offical confirmation of "no clawback"?

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