Hosaybo 6th Gear December 18, 2017 Share December 18, 2017 It's a matter of getting used to the price. ...... Lot of kbkb becos alot get too used to the low coe era. There were days in the 90s where coe is higher than now! ↡ Advertisement Link to post Share on other sites More sharing options...
Jwee85 5th Gear December 18, 2017 Share December 18, 2017 (edited) From my exasperating experience trying to explain to many forumer the meaning of COE rebate level, now I have given up trying to enlighten anymore ignorant car buyers. Let them be. Many car buyers actually REALLY think that the car dealers are pricing the car selling price based on $18k COE price plus some profits. And IF the successful bidded COE price is $38k, the car buyer BELIEVES it meant the dealer is very good to help the car buyer to secure a high value COE and car dealer is making little profit(or even loss of $20k). Perhaps this dealer also reading Mycarfourm and realise there are many clueless sheeps out there for the killing. Don't ask me why the car buyers really think they are having a good deal when the AD secures a $50k COE for them, when the price list and contract states the guarantee COE price rebate level is $18k. Anyway... in all three scenarios, all new car owner are very happy to receiver their cars. Seldom seen a sad car owner. 1) IF their secured COE is way above the rebate level, they will proudly tell friends and relatives they got a good SE who help to secure a high COE and their car value is worth more (due to higher COE). 2) IF their secured COE is below the rebate level, they will proudly tell friend and relatives they are smart to buy at right time and got back some money as 'bonus' or spending money to pamper the car with accessories,etc. 3) IF their secured COE is around the rebate level, they will proudly tell friends and relatives they are lucky to get the car at the purchased price without any top-ups or delays. Uniquely Singapore. My friend just made purchases for A3, and the thing really make me stunned is the coe rebate is 18k - car will be delivered in Feb18. Is it the sign COE will crash till below 30k? Edited December 18, 2017 by Jwee85 1 Link to post Share on other sites More sharing options...
Jwee85 5th Gear December 18, 2017 Share December 18, 2017 From my exasperating experience trying to explain to many forumer the meaning of COE rebate level, now I have given up trying to enlighten anymore ignorant car buyers. Let them be. Many car buyers actually REALLY think that the car dealers are pricing the car selling price based on $18k COE price plus some profits. And IF the successful bidded COE price is $38k, the car buyer BELIEVES it meant the dealer is very good to help the car buyer to secure a high value COE and car dealer is making little profit(or even loss). Perhaps this dealer also reading Mycarfourm and realise there are many clueless sheeps out there for the killing. Don't ask me why the car buyers really think they are having a good deal when the AD secures a $50k COE for them, when the price list and contract states the guarantee COE price rebate level is $18k. Anyway... in all three scenarios, all new car owner are very happy to receiver their cars. Seldom seen a sad car owner. 1) IF their secured COE is way above the rebate level, they will proudly tell friends and relatives they got a good SE who help to secure a high COE and their car value is worth more (due to higher COE). 2) IF their secured COE is below the rebate level, they will proudly tell friend and relatives they are smart to buy at right time and got back some money as 'bonus' or spending money to pamper the car with accessories,etc. 3) IF their secured COE is around the rebate level, they will proudly tell friends and relatives they are lucky to get the car at the purchased price without any top-ups or delays. Uniquely Singapore. My friend just made purchases for A3, and the thing really make me stunned is the coe rebate is 18k - car will be delivered in Feb18. Is it the sign COE will crash till below 30k? 1 Link to post Share on other sites More sharing options...
Wt_know Supersonic December 18, 2017 Share December 18, 2017 (edited) no need PhD to figure out la car sales price include profit coe up/down is also dealer profit margin same goes with bank loan ... the more the shiok car trade in price ... tweak mileage by 20-30k can resell as lady doctor owner VES ... 90% makan by dealer simi fees and add-ons all add up to dealer profit margin biz is to make profit ... year on year must make more profit else SE year on year no pay rise meh ah gong said taxes also must rise la Edited December 18, 2017 by Wt_know Link to post Share on other sites More sharing options...
Elepoo 2nd Gear December 19, 2017 Share December 19, 2017 COE will go down... AD has adjusted their rebates. Back to sub 40k for cat b and sub 30k for cat a 2 Link to post Share on other sites More sharing options...
Wildfaye29 Turbocharged December 19, 2017 Share December 19, 2017 Coe will go down? Seriously? Link to post Share on other sites More sharing options...
JQ01 3rd Gear December 19, 2017 Share December 19, 2017 COE will go down... AD has adjusted their rebates. Back to sub 40k for cat b and sub 30k for cat a In my opinion, sub 40K for cat b and sub 30K for cat a is really quite a good price consider the 0% growth now, the 3% growth era seems like never be back anymore. Hope it happens! Link to post Share on other sites More sharing options...
Sktan10 5th Gear December 19, 2017 Share December 19, 2017 COE will go down... AD has adjusted their rebates. Back to sub 40k for cat b and sub 30k for cat a Which AD? See from sgcarmart,kah motor for cat A rebates is 40k and cat B is 51k? Link to post Share on other sites More sharing options...
Dafansu Turbocharged December 19, 2017 Share December 19, 2017 In my opinion, sub 40K for cat b and sub 30K for cat a is really quite a good price consider the 0% growth now, the 3% growth era seems like never be back anymore. Hope it happens! It will go down further as long the 30/40% down payment stays. 3 Link to post Share on other sites More sharing options...
seanjin 1st Gear December 19, 2017 Share December 19, 2017 my guess cat A -2kcat B -5k 1 Link to post Share on other sites More sharing options...
Heero1988 1st Gear December 19, 2017 Share December 19, 2017 Hi peeps, placed a 10k deposit on my credit card for 6 bid NG for my car. Apparently, they will refund the 10k back into my credit card if they fail to secure the coe. But wouldn't my 10k get stuck in the credit card? Anyone had similar experience? 1 Link to post Share on other sites More sharing options...
xinz 3rd Gear December 19, 2017 Share December 19, 2017 It will go down further as long the 30/40% down payment stays. you are right, this down payment thingy is a wild card that can change the whole game. If COE really dropped to another low level, playing this card by lowering the down payment requirement and lengthening the loan period would makes loan repayment looks affordable again. People buy and drive up the COE again. Wahaha, this is also the so called 'for the good of the people'. 1 Link to post Share on other sites More sharing options...
Lsm_83 2nd Gear December 19, 2017 Share December 19, 2017 Hi peeps, placed a 10k deposit on my credit card for 6 bid NG for my car. Apparently, they will refund the 10k back into my credit card if they fail to secure the coe. But wouldn't my 10k get stuck in the credit card? Anyone had similar experience? If money credit back to the credit card, you can ask the card issuer to refund the money back to you via cheque. I had book a elantra and was told 1 bid guaranteed die die must secure by end dec and register by end dec. I'm thinking COE might go up by 2k Link to post Share on other sites More sharing options...
Heero1988 1st Gear December 19, 2017 Share December 19, 2017 If money credit back to the credit card, you can ask the card issuer to refund the money back to you via cheque. I had book a elantra and was told 1 bid guaranteed die die must secure by end dec and register by end dec. I'm thinking COE might go up by 2k I almost booked an Elantra S @ 89999. But ended up with a k3 Sx instead. Link to post Share on other sites More sharing options...
awesome1 1st Gear December 19, 2017 Share December 19, 2017 If money credit back to the credit card, you can ask the card issuer to refund the money back to you via cheque. I had book a elantra and was told 1 bid guaranteed die die must secure by end dec and register by end dec. I'm thinking COE might go up by 2k Hw much is the coe rebate?? In my opinion, sub 40K for cat b and sub 30K for cat a is really quite a good price consider the 0% growth now, the 3% growth era seems like never be back anymore. Hope it happens! my 4th last bidding... hopefully coe goes down... 1 Link to post Share on other sites More sharing options...
stanleymyc 1st Gear December 19, 2017 Share December 19, 2017 I almost booked an Elantra S @ 89999. But ended up with a k3 Sx instead.Same situation here. Colleague bought this car at 84K few months back then now cost 90K. How much you buy SX? Guarantee bid? 1 Link to post Share on other sites More sharing options...
Nca87 Clutched December 19, 2017 Share December 19, 2017 How much for the SX? got used car for trade in or solely buy car? 1 Link to post Share on other sites More sharing options...
Heero1988 1st Gear December 19, 2017 Share December 19, 2017 How much for the SX? got used car for trade in or solely buy car?Signed the sales agreement for k3 at 91999 6 bid NG. Didn't trade in car ↡ Advertisement Link to post Share on other sites More sharing options...
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