It is kinda disheartening to see the COE thread becoming 'battlefield" for some insensible individuals recently. There is never right or wrong with taking loan or paying full cash for car purchase, let alone the preference for new or used car, as every buyer has their own considerations and priorities.
MCF is a free for all public forum, and no one is entitled to enforce his/her belief on others, just because it work well for them (for real or not is a separate matter as only god know). Do bear this in mind, One man's meat is another man's poison. Just like medications, what works for you might not work on others.
Last, I am calling out to all participants in this thread. You CAN help to put a STOP to all these uncalled-for comments and name-calling (aka season greetings targeting at your parents), simply by ignoring them. I do hope this is the last time I have to write such lengthy "introduction message" every fortnightly...
The details of the October 2017 first open bidding exercise for Certificates of Entitlement (COEs) are as follows:
Tender opens: Monday, 2 October 2017, 12 noon
Tender closes: Wednesday, 4 October 2017, 4.00 pm
Tender results: Wednesday, 4 October 2017 (Available on the www.onemotoring.com.sg website)
The total quota available for this tender is 4,631 for the following vehicle categories:
Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,829
Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,285
Category D: Motorcycles => 485
Category C: Goods Vehicles and Buses => 492
Category E: Open Category => 540