COE Bidding – 2nd Round of April 2018

[Jwee85]

Quite sad to see the Motorcycle population can decrease.

[Mann123]

""Car COEs have taken the biggest hit, with a 7.9 percent monthly quota fall from 2,779 to 2,559.""

 

Now, this is what we can say significant reduction. it may push car coe upwards 

[Lala81]

Like few year ago coe was around $60k, and not coe dropped below $40k!

 

lol jan 2015 coe is 75k   

[Zxcvb]

""Car COEs have taken the biggest hit, with a 7.9 percent monthly quota fall from 2,779 to 2,559.""

 

Now, this is what we can say significant reduction. it may push car coe upwards

Mai fear. Lots of PHV cars sitting idle waiting for new owners.

[Linusss]

https://www.lta.gov.sg/data/apps/news/press/2018/20180419_Monthly_COEquota_MaytoJul18.pdf

 

Based on the May to July 2018 quota, which LTA just announced, the COE for CAT A and B will probably go up, but only slightly.

 

[DACH]

Mai fear. Lots of PHV cars sitting idle waiting for new owners.

How many are actually on sale now?

[Lotr8445r]

Mai fear. Lots of PHV cars sitting idle waiting for new owners.

I always see when quota drop, ppls will say dont worry or insignificant. There should be a lower limit, right?

 

Good! Very positive thinking.

 

So when does the fear being then?

[13177]

lol jan 2015 coe is 75k   

So anything also can happen de. From 75k to now 38k.

[Atrecord]

So anything also can happen de. From 75k to now 38k.

 

ha ha... if you look at the 20 yr moving average, then got go up above $100k, and also got go down to $50 only... lagi extreme

[DACH]

Some buyers are probably buying the UG cars.

[Kia7200]

COE is the only effective means to control car population.

 

What we need is bidding via SingPass for all CAT except OPEN.

Coe quota control car population, not the high coe pricing

[Gz0707]

""Car COEs have taken the biggest hit, with a 7.9 percent monthly quota fall from 2,779 to 2,559.""

 

Now, this is what we can say significant reduction. it may push car coe upwards 

 

or it may not?  what happens when demand is low as coe cars are renewed?  May Cat B pqp rate is $38,712, a huge dip from 52k as recent as Dec 2017. 

[Lala81]

Some buyers are probably buying the UG cars.

 

maybe for the marginal buyers who can get a better loan offering outside rather than the 70% 

[Mockngbrd]

100k COE lai!!!!! (since i renewed liao)

[Mkl22]

Mai fear. Lots of PHV cars sitting idle waiting for new owners.

 

 come July even more right? given that the 1 year license free interim period for PHV will be over and not many have their license yet.

[JQ01]

Reduce quota vs. VES+PHV means this coe price will be more interesting in the coming months!

[Gz0707]

ST predicts COE increase due to lower quota .... 

[Mann123]

After July, 1.2L type Cars will be cheaper due to neutral VES or 10K rebate 

 

Almost all other cars maybe kena 10K or 20K surcharge. Even COE down still need to pay the same price (80K to 100K for different B&B cars)

 

Want cheap must drive underpowered    ,  good for those who just need a decent transport, however, all other costs to own car remain same (parking, erp, fuel, interest, insurance etc) 

 

Garment win win even COE down.  VES no need to return also like COE if deregister.