2015 Jul, 2nd COE Bidding Exercise

[yo2020]

 

r we going to see all green again b4 the next surge in quota next mth??

 

[Darryn]

Cat A below $55k,

Cat B below $65k

[Saabest]

That's what buyers hope but will they get it?

[Limwsv]

Showrooms reports, anyone?

 

I saw in today's newspaper VW bery the bery need business. Slash price like nobody business by 10K - 20K across their product line.

Any other brands trying to grab or hold on to market share?

Edited July 16, 2015 by Limwsv

[Mustank]

Showrooms reports, anyone?

 

I saw in today's newspaper VW bery the bery need business. Slash price like nobody business by 10K - 20K across their product line.

Any other brands trying to grab or hold on to market share?

 

i tiagong the gearbox many problems

[Char]

Possible CAT B on par with CAT A due to next month high increase in CAT E .

Edited July 16, 2015 by Char

[Econfail]

It all depend on whether everyone hold their horses or buay tahan and release liao

[Jasbert]

Cat A - 55k

Cat B - 60k

[Mustank]

It all depend on whether everyone hold their horses or buay tahan and release liao

 

[Simpleonly]

Showrooms reports, anyone?

 

I saw in today's newspaper VW bery the bery need business. Slash price like nobody business by 10K - 20K across their product line.

Any other brands trying to grab or hold on to market share?

 

hope more brand will slash LOL....

 

But buyer take your time ok!! so that the COE will not surge back again... :)

[Mrmilktooth]

 

i tiagong the gearbox many problems

 

need 40 days annual leaves then go buy wan... :=B:

[Mustank]

 

need 40 days annual leaves then go buy wan... :=B:

What kind of a fellow will have 40 days leave?

[Tohto]

Showrooms reports, anyone?

 

I saw in today's newspaper VW bery the bery need business. Slash price like nobody business by 10K - 20K across their product line.

Any other brands trying to grab or hold on to market share?

 

I was at Leng Kee Subaru showroom on Tuesday afternoon. I was quite surprised on the people there. Need to wait for turn to test drive the Forester XT. Even though it was weekday.

 

My guess.

Cat A : $59k

Cat B: $68k

Edited July 16, 2015 by Tohto

[Econfail]

 

I was at Leng Kee Subaru showroom on Tuesday afternoon. I was quite surprised on the people there. Need to wait for turn to test drive the Forester XT. Even though it was weekday.

 

My guess.

Cat A : $59k

Cat B: $68k

 

Need to queue on Weekday afternoon for test drive

 

better check out the crowds this long weekend

[Limwsv]

Thanks then. I will stay far far away from the showrooms.

 

Looks like the big 5 will get even bigger.

 

BTW, lots of bulls earlier in the week out to play. So potential for further slide is there. This weekend, most dealers will be slashing price to draw in the crowd. If not, then we know they have enough orders for this last round of COE before the next larger batch next auction.

Edited July 16, 2015 by Limwsv

[Dark_flan]

I think COE would drop further with ppl speculating rather than rushing to buy one now. If got opportunity why not wait.

[Enye]

People who give up car ownership and people who renew COEs are the minority

 

Majority are actively looking to replace their cars

 

That's why showrooms are crowded

 

😂

[Limwsv]

I think COE would drop further with ppl speculating rather than rushing to buy one now. If got opportunity why not wait.

 

Agree... with the lower than expected release of additional COE, price will stabilize around range of 53K - 61K. (see my post on replacement ratio).

 

Won't see big movements again until Nov when they announce the next tranche of COE numbers. Should see another increase of 20% COE available for Nov - Jan, which should bring close to the magical 2000 Cat A COEs per bid. Huat Ah!