COE Bidding – 1st Round of May 2018

[Wildfaye29]

Sure work for Toyota loyalists

 

BM +10k

 

Volvo worst! +25k!

[Linusss]

This round should be up for a few reasons: (1) 3 weeks since last bidding, (2) quota has dropped by a bit, (3) Dealers encouraging people to book now before VES kicks in in July. But having said that, I don't think will go up by too much, maybe 1K at most.

[Kia7200]

BM +10k

 

Volvo worst! +25k!

Elantra is neutral

 

Now altis is already like $25k diff from elantra. After July is $35k..

[Wildfaye29]

Taxi company buying new taxis.

 

Many phv renters go back to rent taxis. Existing phv fleet lelong.

 

Any impact?

Edited May 6, 2018 by Wildfaye29

[Tungsan]

Industry leader ComfortDelGro said it has just placed an order for 200 new hybrid Hyundai Ioniq cabs - its first order in nearly 18 months.

 

What do you think of this round for CAT A premium? 

 

[Simplecar]

Industry leader ComfortDelGro said it has just placed an order for 200 new hybrid Hyundai Ioniq cabs - its first order in nearly 18 months.

 

What do you think of this round for CAT A premium? 

https://www.lta.gov.sg/content/ltaweb/en/roads-and-motoring/owning-a-vehicle/costs-of-owning-a-vehicle/tax-structure-for-taxis.html

read the above. 

[Khng8]

PHV will push up prices. Taxis don't becos they don't bid.

My guess is this round will be flat.

[CH_CO]

My opinion,

 

1. Will drop due to over supply in secondary market , 300plus vezels ,100plus estimas and others. Price cuts are already there , probably can find a new bargains there.

 

2. Ves kicking in will add 10to20k loading to now , 30to40k load is always what financally bearable , anything higher will pop the market. Expecially in the current weak labor market. I am hearing more retenchment than hiring.

 

3. Do you notice lesser and lesser kids in this forum , 10 years ago i was the relatively young member but the forum is full of young punks driving around with koup forte. The young nowadays are telling me how to use promo codes to get their rides at the lowest rates sometimes free.

 

Who needs a car when you can get someone to pick you at where u want.

 

4. Elections coming , with the mrt clowns and the grab monopoly there is plenty to talk about during rallies and plenty of votes to lose , better to give out goodies so that you can collext them back later. Anger the people and you lose those votes for 5 yearz

[DACH]

Kids have lesser purchasing powers for now, since they do not have that earnings yet.

And What'sapp and social media was almost inexistent 10 years ago.

Edited May 6, 2018 by DACH

[Victor68]

i think it will stay withing $1k up/down range for a while. lots of shouting but economy isnt that fantastic leh. property news plenty but can sustain or not. 

[Chongster]

Last bidding exercise, bids went up by 10% in cat a and b. And now quota dropped by 8-9% this time round. Invisible hand pulling the levers already...

[JQ01]

Guessing game again.. I go with newspaper..

 

Cat. A: $40K

Cat. B: $40K

[Heman75]

The sun goes down

The stars come out

And all that counts

Is here and now

My universe will never be the same

I'm glad you came

I'm glad you came

should be i am glad you up the pirate boat 

[Kspecific]

Bro carbon82

Thank you very much for your hardwork...有您真好!

Should increase ~1k.

All the best to all !!!

 

[Jounetsu]

3 weeks window period, lower number of certificates, potential VES surcharge in July.... point to slightly higher COE this time.

 

My guesstimate....

 

Cat A : $40K

Cat B : $38.5K

Edited May 8, 2018 by Jounetsu

[Sktan10]

Elantra is neutral

 

Now altis is already like $25k diff from elantra. After July is $35k..

From sgcarmart,

Elantra Elite 92k,omv 12.5k.

Altis Elegance 105k,omv 21.7k.

 

Where got 25k different?lol....

 

[Privacy]

Cat B 42k

[Slack1212]

Cat A - $40k

Cat B - $39k