COE Bidding – 1st Round of September 2017

[Jwee85]

Outbidded.

 

But I am happy that cat.A is cheapest.

 

Going to showroom to buy my dream car soon.

[Perspectivism]

I don't think this is the lowest.

 

Uber has 4000 cars to clear

PH has no more capacity to grow

Economy is weak

Quote is high until end of 2018

 

Rush in and buy now at your own risk.

 

More weakness to come

[Mustank]

whoa!!! Renewing coe nao!!!!!

[13177]

Despite last round coe dropped, many people flock to the showroom still did not push up the coe price in cat A?! Like i said, cat A dropped due to 7th ghost month lo.

Edited September 6, 2017 by 13177

[Perspectivism]

Congrats to all those who got their COEs recently at 40+ near 50s. And congrats to all those who rush in now, I'm sure it will keep dropping lower.

[JunJieLee_164762]

I don't think this is the lowest.

 

Uber has 4000 cars to clear

PH has no more capacity to grow

Economy is weak

Quote is high until end of 2018

 

Rush in and buy now at your own risk.

 

More weakness to come

but ppl may rush in before new EVS kicks in in few months time.

[JunJieLee_164762]

I don't think this is the lowest.

 

Uber has 4000 cars to clear

PH has no more capacity to grow

Economy is weak

Quote is high until end of 2018

 

Rush in and buy now at your own risk.

 

More weakness to come

but ppl may rush in before new EVS kicks in in few months time.

[Nyox]

I don't think this is the lowest.

 

Uber has 4000 cars to clear

PH has no more capacity to grow

Economy is weak

Quote is high until end of 2018

 

Rush in and buy now at your own risk.

 

More weakness to come

COE may drop even further but most cars prices will increase come Jan 2018. Advise not to wait further and to grab this chance.

[Perspectivism]

but ppl may rush in before new EVS kicks in in few months time.

Isn't that good? They will be trapped once CVES hits hard Jan 2018.

 

I expect sheep-like behavior, expect next round to increase a bit because there will be those who Chiong this weekend.

 

And it will keep trending downwards till mid 2018

[sbs2716g]

I don't think this is the lowest.

 

Uber has 4000 cars to clear

PH has no more capacity to grow

Economy is weak

Quote is high until end of 2018

 

Rush in and buy now at your own risk.

 

More weakness to come

 

Uber clearing around 2000 cars lah.. the 4000 figures is the idling fleet for PHV and taxis combined...

[Perspectivism]

COE may drop even further but most cars prices will increase come Jan 2018. Advise not to wait further and to grab this chance.

Advise not to fall into this trap.

 

Car body price will rise but coe will drop a lot lower once Jan 2018 hits - a massive crunch is in the horizon.

 

Good to always be a contrarian. But I expect people to rush in thinking they caught bottom this weekend.

[Mockngbrd]

Grab car lai liao 

[Kusje]

COE drop because that @jamesc didn't come in to disturb la.

[Fitvip]

Prople say cheap, cheap, cheap. Still high lah! Considering the omv of an average b&b car is about $15K, $36001 is still more than double the OMV!

[Atrecord]

Without uber keep buying up all the private cars really make a lot of difference lol. 

 

Not only they not bidding, but they are also letting go of the empty cars they bought and are parking all over the country... 

 

confirm cat A low demand....

[Winningeleven]

I noticed that popular PI model such as vezel does not drop price although coe was 43k to 45k on average for the past months. It is always priced at least 98k from reputable PI. On average it cost more than 100k.

 

So now let see whether it will drop to 93k from tmr onward.

[TangoElite]

COE drop because that @jamesc didn't come in to disturb la.

 

You hit the nail on the head!!     

[13177]

Prople say cheap, cheap, cheap. Still high lah! Considering the omv of an average b&b car is about $15K, $36001 is still more than double the OMV!

Depends how you see it lo. If you compared the current $36k coe with few months ago $50k, confirmed it is very cheap. Lol.