Khng8 4th Gear March 21, 2018 Share March 21, 2018 The fact that we are only at Page 4 after bidding ends show the true interest level of COE. All those who wanted to buy bought last 2 years already. And not willing to suffer the huge depreciation to change now. ↡ Advertisement 2 Link to post Share on other sites More sharing options...
SwirL 2nd Gear March 21, 2018 Share March 21, 2018 (edited) The fact that we are only at Page 4 after bidding ends show the true interest level of COE. All those who wanted to buy bought last 2 years already. And not willing to suffer the huge depreciation to change now. Good sign for those still waiting it out? If self bid then no more cash cow for the government, then confirm cannot.... quite obvious that the govt has been putting in measures to prop up the COE, else by now could have been in the 4-digits already. Edited March 21, 2018 by SwirL 1 Link to post Share on other sites More sharing options...
Will_I_Am 2nd Gear March 21, 2018 Share March 21, 2018 Hmm ... should I scrap mine with 70K COE and change to one with 37K? Good sign for those still waiting it out? quite obvious that the govt has been putting in measures to prop up the COE, else by now could have been in the 4-digits already. 2 Link to post Share on other sites More sharing options...
Linusss 2nd Gear March 21, 2018 Share March 21, 2018 Hmm ... should I scrap mine with 70K COE and change to one with 37K? I think it would make sense, especially if your current car value is not too far off from the price of a new car. 1 Link to post Share on other sites More sharing options...
Matrix0405 5th Gear March 21, 2018 Share March 21, 2018 40 jokers bidded $289 for Cat.B BIDDING STATUS AS AT 21/03/2018 15:46:52.00 HRS Category Current COE Price ($) Quota Bids Received A CAR UP TO 1600CC & 97KW 36,150 1,559 1,978 B CAR ABOVE 1600CC OR 97KW 290 1,402 1,442 C GOODS VEHICLE & BUS 1 247 228 D MOTORCYCLE 7,001 522 678 E OPEN-ALL EXCEPT MOTORCYCLE 1 571 438 next few 12 bidded $10,050 BIDDING STATUS AS AT 21/03/2018 15:47:32.00 HRS Category Current COE Price ($) Quota Bids Received A CAR UP TO 1600CC & 97KW 36,190 1,559 1,995 B CAR ABOVE 1600CC OR 97KW 10,051 1,402 1,454 C GOODS VEHICLE & BUS 10,011 247 249 D MOTORCYCLE 7,301 522 703 E OPEN-ALL EXCEPT MOTORCYCLE 1 571 449 Status of your bid as at 21 Mar 2018 15:49:42 Hrs Bidder Type: Individual Bidder ID (last 5 characters): xxxxA Vehicle Category Current COE Price Bid Quantity Last Transaction Type Last Transaction Timestamp Current Reserve Price Current Bid Status Action B - CAR ABOVE 1600CC OR 97KW $30,002 1 Submission 21 Mar 2018 15:26:17 Hrs $26,789 Out-bid i am out of the race for Cat.B cheap COE. tep 1: Please enter the Acknowledgement Code.Vehicle Category: B - CAR ABOVE 1600CC OR 97KW Quota: 1,402 Bidder Type: Individual Bidder ID (last 5 characters): xxxxA Bid Quantity: 1 Current Reserve Price: $26,789 Acknowledgement Code: It was a good attempt. Out bidded at 3.26pm = only lose out when the real (dealers) bidding comes in. 1 Link to post Share on other sites More sharing options...
SwirL 2nd Gear March 21, 2018 Share March 21, 2018 Hmm ... should I scrap mine with 70K COE and change to one with 37K?No....until I get my COE. Joking.. :)Have to do your sums carefully. I do have friends thinking of trading in their ride to upgrade though, especially those in the Cat B category. Link to post Share on other sites More sharing options...
Ct3833 Supersonic March 21, 2018 Share March 21, 2018 Wah bro carbon82 spent so much effort to start this once a hot thread but this round only have 4 pages after COE Results is out, must come and support support, or else how would COE go up ? 1 Link to post Share on other sites More sharing options...
Kar_lover Supercharged March 21, 2018 Share March 21, 2018 I always feel ashamed of our system when the COE for bigger cars is cheaper than for small cars. In all normal countries, the rich usually gets taxed more for consumption. I guess they should add a condition that in any case Cat B & Cat E will be charged at Cat A if they should fall below Cat A.... 2 Link to post Share on other sites More sharing options...
Contipro 5th Gear March 21, 2018 Share March 21, 2018 Luckily I don't join the crowd that rush to buy in end of last year. Sit and wait seem to be a good decision after all. Link to post Share on other sites More sharing options...
wpy 4th Gear March 21, 2018 Share March 21, 2018 I always feel ashamed of our system when the COE for bigger cars is cheaper than for small cars. In all normal countries, the rich usually gets taxed more for consumption. Yes, but there's also the high chance that CAT B cars are more likely to be paying the additional VES tax than the CAT A cars. 1 Link to post Share on other sites More sharing options...
Ct3833 Supersonic March 21, 2018 Share March 21, 2018 Hmm ... should I scrap mine with 70K COE and change to one with 37K?$70k may not worth it but any B&B car with a 90k COE surely worth to scrap ot because one will get to drive a new car with new warranty at depre of about $9k per year . Link to post Share on other sites More sharing options...
Defcon 1st Gear March 21, 2018 Share March 21, 2018 drop so much will 30/40% loan be scrapped to boost buying power? :x 1 Link to post Share on other sites More sharing options...
Ct3833 Supersonic March 21, 2018 Share March 21, 2018 Luckily I don't join the crowd that rush to buy in end of last year. Sit and wait seem to be a good decision after all. Now should be the good time to go in if you have not. COE price is fairly low now that with less competition from uber and grab. Some may ask then how to explain CAT B as they are not affected by U/G. Fact is when U/G effect pushesed up CAT A price, CAT B cars became atteative, resulting in more demand in CAT B, leading to higher CAT B COE price. 1 Link to post Share on other sites More sharing options...
Toomuchtorque 2nd Gear March 21, 2018 Share March 21, 2018 If I have no idea on the "actual" outlook of our economy. Sometimes I used to look at the COE price movement as an indicator. Property prices keep going up is not a good sign looking ahead. 1 Link to post Share on other sites More sharing options...
Bond2222 2nd Gear March 21, 2018 Share March 21, 2018 $70k may not worth it but any B&B car with a 90k COE surely worth to scrap ot because one will get to drive a new car with new warranty at depre of about $9k per year . what is B&B car? 1 Link to post Share on other sites More sharing options...
xiaozhi86 2nd Gear March 21, 2018 Share March 21, 2018 Now should be the good time to go in if you have not. COE price is fairly low now that with less competition from uber and grab. Some may ask then how to explain CAT B as they are not affected by U/G. Fact is when U/G effect pushesed up CAT A price, CAT B cars became atteative, resulting in more demand in CAT B, leading to higher CAT B COE price. You do know most if not all new u/g hybird car are cat B right? Looking at the amount of hybird pirus and vezel 2 Link to post Share on other sites More sharing options...
Zxcvb Turbocharged March 21, 2018 Share March 21, 2018 Can easily judge the COE premium outcome by the pages of this thread. Hahahaha!!! Last time this type of thread can easily stretched till 20 over pages. Link to post Share on other sites More sharing options...
Ct3833 Supersonic March 21, 2018 Share March 21, 2018 You do know most if not all new u/g hybird car are cat B right? Looking at the amount of hybird pirus and vezelThanks for pointing that out, I didn't pay attention on that. But based on last two month's data from LTA, rental car population is on the declining trend. At least not growing for now. ↡ Advertisement Link to post Share on other sites More sharing options...
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