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COE Bidding – 1st Round of September 2018


Carbon82
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Booked Attrage during 25k COE weekend. Hope can get during this bid period. Riding my 4th NG bid!

 

 

Same here riding into 4th bid lol

 

Same here. Bid number 4 this time

 

Do you guys know how much COE value use in the previous bidding?

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Do you guys know how much COE value use in the previous bidding?

My AD bid the same amt for all 3 bids, thinking whether this time will be the same or not lol
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Actually for non guaranteed coe bids, the SE should make an effort to bid for us and get it for us early. Cos there is ever a grab driver told me, if we didn’t get it for example this round, and someone else got it, they are indirectly using our money to bid for others.

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Looking at last Saturday car prices adverts on newspaper.

I feel that those advertised prices are very enticing.

 

I am inclined to imagine that AD are expecting the COE to soften.

Perhaps due to lower bookings after that front end loaded mad rush due to the 25k COE.

 

I assume those who waited for the $35k, $30k and $25k COE have already made their purchased when their baseline was met. Especially alot rushed in during the $25k 'crash'.

Knowing that downward trending COE price is happening, and it may likely drop below $20k too.

Now left those hopefuls who are waiting for the $20k and $15k COE. 

 

I predict

CatA : $25888

CatB : $28555

CatC : $29999

CatD : $888

CatE : $30000

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Looking at last Saturday car prices adverts on newspaper.

I feel that those advertised prices are very enticing.

 

I am inclined to imagine that AD are expecting the COE to soften.

Perhaps due to lower bookings after that front end loaded mad rush due to the 25k COE.

 

I assume those who waited for the $35k, $30k and $25k COE have already made their purchased when their baseline was met. Especially alot rushed in during the $25k 'crash'.

Knowing that downward trending COE price is happening, and it may likely drop below $20k too.

Now left those hopefuls who are waiting for the $20k and $15k COE.

 

I predict

CatA : $25888

CatB : $28555

CatC : $29999

CatD : $888

CatE : $30000

Got chance but 30k will be a better bet. This would be unprecedented.
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What car you book?

Citroen picasso. Car already in Singapore when I signed up thus I got the car within 1.5 mths after signing. I got coe on 2nd bid. 

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My guess:

Cat. A: $31K

Cat. B: $31K

 

Hopefully this round will be the last batches of the $25K backlog from July to be clear. All the best! [thumbsup]

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There will always be people waiting, yes, even waiting for $1 coe

 

But not everyone can wait, especially when current coe is expiring

 

For those who can wait, its always a double edged sword, because their used cars value will fall further as coe falls

 

and as mentioned many times by others, new car prices do not fall in tandem with coe fall

 

so the pragmatic advice always is when one can afford and the need is there and the price appears right,  

 

just jump in and enjoy and stop monitoring coe prices after that

 

unless there is a black swan, coes prices will be range bound for a while

 

for those forever worrying about economic crisis, take a look at property prices, still very near all time historic high

 

lots of liquidity out there 

 

 

 

Looking at last Saturday car prices adverts on newspaper.

I feel that those advertised prices are very enticing.

 

I am inclined to imagine that AD are expecting the COE to soften.

Perhaps due to lower bookings after that front end loaded mad rush due to the 25k COE.

 

I assume those who waited for the $35k, $30k and $25k COE have already made their purchased when their baseline was met. Especially alot rushed in during the $25k 'crash'.

Knowing that downward trending COE price is happening, and it may likely drop below $20k too.

Now left those hopefuls who are waiting for the $20k and $15k COE. 

 

I predict

CatA : $25888

CatB : $28555

CatC : $29999

CatD : $888

CatE : $30000

 

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This round seems quieter than previous two rounds.

 

There is a good chance for the COEs to go lower.

 

$30-31k may be possible.

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This round seems quieter than previous two rounds.

 

There is a good chance for the COEs to go lower.

 

$30-31k may be possible.

 

School holidays bo nangs?  [laugh]

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