COE Bidding – 2nd Round of May 2018

[Shorty]

Wow, motorcycle still $1!

Will NEVER happen

[Tungsan]

Buy Van or bus is still cheaper than CAT A, CAT B and CAT E car

[Steptronic]

Buy roofless bus, so that we can take it to MSCPs!

Buy Van or bus is still cheaper than CAT A, CAT B and CAT E car

 

[Ghgan]

 

 

COE OPEN BIDDING

Bidding will end on 23/05/2018 16:00 hrs

 

BIDDING STATUS AS AT 23/05/2018 15:59:18.00 HRS

Category Current COE Price ($) Quota Bids Received

A CAR UP TO 1600CC & 97KW 37,920 1,434 1,803

B CAR ABOVE 1600CC OR 97KW 37,989 1,283 1,915

C GOODS VEHICLE & BUS 29,556 385 751

D MOTORCYCLE 7,002 529 814

E OPEN-ALL EXCEPT MOTORCYCLE 38,439 558 815 Source: Land Transport Authority

 

 

 

[JQ01]

Almost no change as last round.

 

Cat. A, B, E still around $38K.

[Ghgan]

COE OPEN BIDDING

MAY 2018 2nd Open Bidding Exercise has ended on 23/05/2018 16:00 hrs 

Results are being finalised

 

BIDDING STATUS AS AT 23/05/2018 16:02 HRS

Category Current COE Price ($) Quota Bids Received

A CAR UP TO 1600CC & 97KW 38,001 1,434 1,805

B CAR ABOVE 1600CC OR 97KW 37,989 1,283 1,915

C GOODS VEHICLE & BUS 29,901 385 786

D MOTORCYCLE 7,115 529 898

E OPEN-ALL EXCEPT MOTORCYCLE 38,700 558 836 Source: Land Transport Authority

[Kranjipioneer]

A jump of 3K to 33K fro CAT A in less than a second. Very Interesting

 

The rumoured 'invisible hands' at play ?

[Seetong]

Cat A & B down!! But not so significant

[13177]

Almost no change as last round.

 

Cat. A, B, E still around $38K.

Good lo, not much big changes. Congrats all those who managed to secure coe. 

[JQ01]

PQP for June ard $38K also..

Congrats for those who got it this round!

[Alfc]

Where are all the experts' opinion? Should have another list to stack up what they say vs what is actual.

 

Time for horse after leopard post 4pm insights again... Round after round. 

[Mann123]

Almost no change as last round.

 

Cat. A, B, E still around $38K.

 

COE will come down after July to compensate additional VES same as happened in Jan/Feb after VES 1st round.

 

Underpower cars will be cheaper after July so people who wish to drive small engine cars should wait until August/ September to get better deals.

[Idwish]

COE come down in Jul but with the VES...overall car price will stay almost the same......

 

COE will come down after July to compensate additional VES same as happened in Jan/Feb after VES 1st round.

 

Underpower cars will be cheaper after July so people who wish to drive small engine cars should wait until August/ September to get better deals.

 

[Doppel]

Hahahahahahahahaha.....

 

You ask those dealers always on TV. They everyday also said now is good time to buy car.

 

COE $100k - 是时候进场。Coe会起。

COE $10k - 是时候进场。Coe会起。

 

It's usually the same person whom the media interviews, Mr. Raymond Tang :

[Mann123]

COE come down in Jul but with the VES...overall car price will stay almost the same......

 

No, the price will not be same and will be cheaper for those cars who do not get affected by VES and some even can get the rebate. These cars will be underpowered or lightweight which does not matter to some who just need a mode of transport.

 

(**Subject to all other equation of demand and supply remain same or similar) 

Edited May 23, 2018 by Mann123

[Lebonchi]

COE come down in Jul but with the VES...overall car price will stay almost the same......

If have to pay surcharge, the coe price drop and the price of the car remain the same...wouldn't the car have a higher depreciation value?

[Matrix0405]

May was 是时候进场. Today is the last chance for COE to spring up. Come June, nobody would want to pay $10K more for VES2.0, just to lose it when COE down $10K the next month. Just like last Dec, order slowed and by Jan, COE crashed. 

[Ct3833]

May was æ¯æ¶åè¿åº. Today is the last chance for COE to spring up. Come June, nobody would want to pay $10K more for VES2.0, just to lose it when COE down $10K the next month. Just like last Dec, order slowed and by Jan, COE crashed.

There will always be a demand, especially when COE demand is higher than supply, COE will not crash. Next is there always be car that will not be hit by ves, those will be the sellers.