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394 replies to this topic | 741 praises

#1

Posted 21 April 2017 - 01:53 PM

Carbon82
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For once, I am guessing that we shall see a sharp drop in COE premium for Cat C. [:p]

 

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2itj2o5.png

 

 

The details of the April 2017 second open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Monday, 24 April 2017, 12 noon

Tender closes: Wednesday, 26 April 2017, 4.00 pm

Tender results: Wednesday, 26 April 2017 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 4,413 for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 2,052

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,369

Category D: Motorcycles => 347

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 163

Category E: Open Category => 482


Edited by Carbon82, 21 April 2017 - 01:56 PM.

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Behaviour shapes attitudes, and over a period of time, solidifies into beliefs.

#2

Posted 21 April 2017 - 02:02 PM

Titanium
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Huat ah!  :a-good: 

 

Poh Bi I can get mine at the 4th try!  :a-panic:


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_________________________________________________________________________

Titanium Aka BlackLancer225... [sly]

#3

Posted 22 April 2017 - 12:29 AM

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Cat A and B to fall less than $1,000

Edited by Nutty, 22 April 2017 - 12:29 AM.

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#4

Posted 22 April 2017 - 12:42 AM

Winningeleven
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My guess  and usually i dont interested on Cat C result but this round is interesting. Probably many buyers for cat C hold on this time

 

Cat A 51500

Cat B 53000

Cat C 38000


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#5

Posted 22 April 2017 - 07:45 AM

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my guess uptrend..

 

CAT A 53100

CAT B 55100

 

 


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#6

Posted 22 April 2017 - 12:08 PM

L23
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Cat C should drop quite a lot this time round.


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#7

Posted 22 April 2017 - 01:29 PM

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Cat A $53k
Cat B $57k

Good luck!
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#8

Posted 22 April 2017 - 02:15 PM

Yeobt
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COE prices are controlled by the dealers. as long as the car selling price is fixed with the (intended) COE price, the dealer will just

hamtan the amount into the bid. anyway, the dealer's mind is the car is sold to a willing buyer who already agreed to the car + COE

price, why bother le?

 

if you look at the spread shiit of our COE bidding history, you can see that some s.bid number and bid received have no significant

increased in number but the successful bid price increased in many folds. CAT C - year 2006 to 2008. it is not difficult to see that the

dealers then was desperate to close some deals and thus started to bid the COE with higher prices soon after 2006. this shows that 

s.bid number and bid received are NOT the only component attribute to the successful bid prices. 

 

anyway, the COE prices will not deflating much as long as if we have to get the dealers who are desperately needed to sell to bid for us.  :a-bang:

 

 


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(i love my old car like i love my money, so i decided to keep an old car and keep my money from LTA)  [thumbsup] 


#9

Posted 22 April 2017 - 04:14 PM

Arch1984
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Yeah but dealer will not anyhow bid if they have no orders to fulfil. As long as Singaporeans are doing well and can afford to pay the prevailing COE prices, hard for COE to drop.

 

It will only drop when there is a drop in orders and dealers need to reduce price to sell their cars. But then, Grab or Uber or the government will come in.


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#10

Posted 22 April 2017 - 04:15 PM

Char
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COE prices are controlled by the dealers. as long as the car selling price is fixed with the (intended) COE price, the dealer will just
hamtan the amount into the bid. anyway, the dealer's mind is the car is sold to a willing buyer who already agreed to the car + COE
price, why bother le?

if you look at the spread shiit of our COE bidding history, you can see that some s.bid number and bid received have no significant
increased in number but the successful bid price increased in many folds. CAT C - year 2006 to 2008. it is not difficult to see that the
dealers then was desperate to close some deals and thus started to bid the COE with higher prices soon after 2006. this shows that
s.bid number and bid received are NOT the only component attribute to the successful bid prices.

anyway, the COE prices will not deflating much as long as if we have to get the dealers who are desperately needed to sell to bid for us. :a-bang:

I shall say COE is mostly control by buyer as nowadays more people paid GTD COE than 10 years ago due to buying car very uncertain nowadays due to private hires , LTA system twist here and there , CEVS vs VES ( from hero become zero ) ... buyer wants to have peace of mind and pay extra for gtd so the dealers LL must give you the COE ... another words I also shall say gtd COE package is gimmicks as dealers already got open cat on hand and they are no need to worry COE price up or down , if up they always can use open cat and if down they bid for you lo and at the same time laugh all the way to the bank .... that's why gtd package one mostly get open cat .
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#11

Posted 23 April 2017 - 10:36 AM

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one noob question... say one gotten the CAT B COE under the owner/buyer's name last month, i.e. I login in to the LTA's COE website and confirmed that the AD had successfully bidded and secured the COE under my name,  will it suddenly turned out to be a Open CAT when come to the delivery and registering of my new car in one month time? ie on the paperwork..

 

 


Edited by Atomicman, 23 April 2017 - 10:38 AM.


#12

Posted 23 April 2017 - 11:02 AM

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one noob question... say one gotten the CAT B COE under the owner/buyer's name last month, i.e. I login in to the LTA's COE website and confirmed that the AD had successfully bidded and secured the COE under my name,  will it suddenly turned out to be a Open CAT when come to the delivery and registering of my new car in one month time? ie on the paperwork..

You don't have to worry about that. CAT A/B COE is non-transferable meaning if bid in your name, it can only be use for registering of vehicle under your name. So if the dealer or the company don't use it to register the vehicle in your name, it's as good as throwing away SGD10K.


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Tailgater and road hogger, please stay away from me. Queue cutter, please cut queue behind me.

#13

Posted 23 April 2017 - 11:21 AM

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You don't have to worry about that. CAT A/B COE is non-transferable meaning if bid in your name, it can only be use for registering of vehicle under your name. So if the dealer or the company don't use it to register the vehicle in your name, it's as good as throwing away SGD10K.

 

thanks Bro!



#14

Posted 23 April 2017 - 11:23 AM

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My guess and usually i dont interested on Cat C result but this round is interesting. Probably many buyers for cat C hold on this time

Cat A 51500
Cat B 53000
Cat C 38000

Cat C will be much lower. tan Chong will lose money. They have priced the selling price 20-25k lower than the last selling price.

#15

Posted 23 April 2017 - 12:17 PM

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Cat a and b to drop cos people go for cat c.

#16

Posted 23 April 2017 - 12:52 PM

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Cat a and b to drop cos people go for cat c.

Yea! Can eye Hylux liao.

#17

Posted 23 April 2017 - 02:04 PM

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Cat A and B drop by 1k



#18

Posted 23 April 2017 - 09:44 PM

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Huat ah! :a-good:

Poh Bi I can get mine at the 4th try! :a-panic:

Me too. Pray hard this time.

#19

Posted 23 April 2017 - 11:14 PM

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Cat A and B drop by 1k

Take note CARS 2017 in 6-7th May

#20

Posted 23 April 2017 - 11:37 PM

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Take note CARS 2017 in 6-7th May

Noticed last round though COE up a few hundreds, many AD has raised their car price by 1-2k, could it be because of this expo, so that to make their offer more presentable they can give 'bigger' discount , to the already inflated price, during the event?
Just simply hentam, no basis.

Have a good week ahead everyone !


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