Carbon82 Moderator April 21, 2017 Share April 21, 2017 (edited) For once, I am guessing that we shall see a sharp drop in COE premium for Cat C. 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 April 21, 2017 by Carbon82 ↡ Advertisement 8 Link to post Share on other sites More sharing options...
Titanium 4th Gear April 21, 2017 Share April 21, 2017 Huat ah! Poh Bi I can get mine at the 4th try! 4 Link to post Share on other sites More sharing options...
Nutty 4th Gear April 21, 2017 Share April 21, 2017 (edited) Cat A and B to fall less than $1,000 Edited April 21, 2017 by Nutty 3 Link to post Share on other sites More sharing options...
Winningeleven 4th Gear April 21, 2017 Share April 21, 2017 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 3 Link to post Share on other sites More sharing options...
Atomicman 1st Gear April 21, 2017 Share April 21, 2017 my guess uptrend.. CAT A 53100 CAT B 55100 2 Link to post Share on other sites More sharing options...
L23 6th Gear April 22, 2017 Share April 22, 2017 Cat C should drop quite a lot this time round. 2 Link to post Share on other sites More sharing options...
Anodiz3 1st Gear April 22, 2017 Share April 22, 2017 Cat A $53k Cat B $57k Good luck! 2 Link to post Share on other sites More sharing options...
Yeobt Supercharged April 22, 2017 Share April 22, 2017 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. 1 Link to post Share on other sites More sharing options...
Arch1984 4th Gear April 22, 2017 Share April 22, 2017 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. 3 Link to post Share on other sites More sharing options...
Char 5th Gear April 22, 2017 Share April 22, 2017 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. 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 . 2 Link to post Share on other sites More sharing options...
Atomicman 1st Gear April 23, 2017 Share April 23, 2017 (edited) 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 April 23, 2017 by Atomicman Link to post Share on other sites More sharing options...
Leo72 6th Gear April 23, 2017 Share April 23, 2017 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. 2 Link to post Share on other sites More sharing options...
Atomicman 1st Gear April 23, 2017 Share April 23, 2017 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! Link to post Share on other sites More sharing options...
Mkl22 Twincharged April 23, 2017 Share April 23, 2017 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. @38k tan Chong will lose money. They have priced the selling price 20-25k lower than the last selling price. Link to post Share on other sites More sharing options...
Gnomish 2nd Gear April 23, 2017 Share April 23, 2017 Cat a and b to drop cos people go for cat c. Link to post Share on other sites More sharing options...
Leo22 2nd Gear April 23, 2017 Share April 23, 2017 Cat a and b to drop cos people go for cat c.Yea! Can eye Hylux liao. Link to post Share on other sites More sharing options...
synthez 2nd Gear April 23, 2017 Share April 23, 2017 Cat A and B drop by 1k Link to post Share on other sites More sharing options...
Jason1489 Clutched April 23, 2017 Share April 23, 2017 Huat ah! Poh Bi I can get mine at the 4th try! Me too. Pray hard this time. ↡ Advertisement Link to post Share on other sites More sharing options...
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