Fatthumb 1st Gear September 17, 2018 Share September 17, 2018 Too many orders?I don't think so. C&C want to maximise profit margin for sure. ↡ Advertisement 1 Link to post Share on other sites More sharing options...
Jwee85 5th Gear September 17, 2018 Share September 17, 2018 My guess Cat.A = $ 26,789 Cat.B = $ 29,888 Cat.C = $ 25,088 Cat.D = $ 3,489 Cat.E = $29,999 Perhaps its time to get the mercedes X-class pickup. 1 Link to post Share on other sites More sharing options...
awhtc 6th Gear September 17, 2018 Share September 17, 2018 COE should generally be on the downtrend this year: Singapore August exports growth slows to 5% https://www.channelnewsasia.com/news/business/singapore-august-exports-growth-slows-to-5-10727420 Link to post Share on other sites More sharing options...
Enye Hypersonic September 17, 2018 Share September 17, 2018 COE should generally be on the downtrend this year: Singapore August exports growth slows to 5% https://www.channelnewsasia.com/news/business/singapore-august-exports-growth-slows-to-5-10727420 can show a historical correlation on your conclusion? 1 Link to post Share on other sites More sharing options...
BobbyTan_74287 4th Gear September 17, 2018 Share September 17, 2018 5th bid incoming....Wish you good luck!!! Link to post Share on other sites More sharing options...
ER-3682 Twincharged September 17, 2018 Share September 17, 2018 COE should generally be on the downtrend this year: Singapore August exports growth slows to 5% https://www.channelnewsasia.com/news/business/singapore-august-exports-growth-slows-to-5-10727420 Well,COE is a secret thing,does not means will drop if the Economy not doing well,i remember late 2012,early 2013,Economy not doing well,COE for Cat B still raised to an Record of $96,000. ..how you explained it.? Link to post Share on other sites More sharing options...
awhtc 6th Gear September 17, 2018 Share September 17, 2018 Well,COE is a secret thing,does not means will drop if the Economy not doing well,i remember late 2012,early 2013,Economy not doing well,COE for Cat B still raised to an Record of $96,000. ..how you explained it.?Around that period, the COE quota was (a) at the lowest (b) after a very sharp drop from 2009 and both still hold the record since 2002. The COE quota now is more than double of that period and the drop is not so steep - in fact this quarter has increased. Link to post Share on other sites More sharing options...
MikeyMike 1st Gear September 17, 2018 Share September 17, 2018 It is time of the month again... 2 useful links: Real Time COE Bidding Results Check Your COE Bidding Status [sunny] Good Luck to all vested! [sunny] Past Bidding Results (2001 - 2012) Past Bidding Results (2013 - 2018) PQP (2013 - 2018) Trend Chart (September 2016 - September 2018) **chart taken from www.sgcarmart.com The details of the September 2018 second open bidding exercise for Certificates of Entitlement (COEs) are as follows: Tender opens: Monday, 17 September 2018, 12 noon Tender closes: Wednesday, 19 September 2018, 4.00 pm Tender results: Wednesday, 19 September 2018 (Available on the www.onemotoring.com.sg website) The total quota available for this tender is 4,835 for the following vehicle categories: NON-TRANSFERABLE CATEGORIES: Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,664 Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,278 Category D: Motorcycles => 821 TRANSFERABLE CATEGORIES: Category C: Goods Vehicles and Buses => 542 Category E: Open Category => 530 During the bidding exercise, bidders can check on the status of their bids and revise their reserve price using these banksâ services or the LTA Open Bidding website (https://ocoe.lta.gov.sg). Really appreciate all this while the data is always there for us! Cheers to all who are getting their COE this round! 发啦! 1 Link to post Share on other sites More sharing options...
Showster Twincharged September 18, 2018 Share September 18, 2018 Somebody mentioned it before but I have to ask again. If one gets a VES rebate of say 10K, would this affect the ultimate parf rebate? Link to post Share on other sites More sharing options...
yishunite Turbocharged September 18, 2018 Share September 18, 2018 Yes, it is deducted from your ARF before calculating PARF, tho u get a min of $5k PARF. Eg. OMV of $30k, ARF at $34k, VES at $10k, so PARF at 10 years = ($34k-$10k)/2 = $12k OMV of $15k, ARF at $15k, VES at $10k, PARF at 10 yrs = ($15k-10k)/2 = (less than $5k) = $5k The stupid thing is that unless AD really pass the full savings of VES to customer you are being chop carrot coz u just passed the VES saving to AD as profit instead. This is why ironically ends up that the VES rebate is useless and most ppl would go for VES B cars with no rebate. 2 Link to post Share on other sites More sharing options...
Huuray 2nd Gear September 18, 2018 Share September 18, 2018 Yes, it is deducted from your ARF before calculating PARF, tho u get a min of $5k PARF. Eg. OMV of $30k, ARF at $34k, VES at $10k, so PARF at 10 years = ($34k-$10k)/2 = $12k OMV of $15k, ARF at $15k, VES at $10k, PARF at 10 yrs = ($15k-10k)/2 = (less than $5k) = $5k The stupid thing is that unless AD really pass the full savings of VES to customer you are being chop carrot coz u just passed the VES saving to AD as profit instead. This is why ironically ends up that the VES rebate is useless and most ppl would go for VES B cars with no rebate. Fully agreed. LTA should not allow the car dealers to exercise such flexibility with regards to the VES rebate if they really want to "reward" owners. It only serves to fatten the dealers' pocket. 1 Link to post Share on other sites More sharing options...
csy_sky 3rd Gear September 18, 2018 Share September 18, 2018 Wish all bidding one good luck this round. Link to post Share on other sites More sharing options...
EvaEva 2nd Gear September 18, 2018 Share September 18, 2018 Yes, it is deducted from your ARF before calculating PARF, tho u get a min of $5k PARF. Eg. OMV of $30k, ARF at $34k, VES at $10k, so PARF at 10 years = ($34k-$10k)/2 = $12k OMV of $15k, ARF at $15k, VES at $10k, PARF at 10 yrs = ($15k-10k)/2 = (less than $5k) = $5k The stupid thing is that unless AD really pass the full savings of VES to customer you are being chop carrot coz u just passed the VES saving to AD as profit instead. This is why ironically ends up that the VES rebate is useless and most ppl would go for VES B cars with no rebate. If OMV is 15K, VES at 10K rebate, PARF at 10 years is (15-10)/2 = $2.5K If OMV is 8K, VES at 10K rebate, actual rebate is only $3K to maintain min 5K PARF. Hence, PARF at 10 years is $2.5K So effectively if you buy a car with MOV more than 10K, you save 10K upfront but your PARF value reduced by 5K. Whether AD pass on the 10K rebate to you or not, you need to compare the new car prices with cars with similar OMV. With VES rebate, AD profit margin is higher because they could price the car at higher price and people still buy because the car is still value for money. Link to post Share on other sites More sharing options...
Kspecific 1st Gear September 18, 2018 Share September 18, 2018 Thank you bro Carbon82. All the best to all!!! 1 Link to post Share on other sites More sharing options...
Yongwd 1st Gear September 18, 2018 Share September 18, 2018 Good luck everyone! Link to post Share on other sites More sharing options...
Kryxwee 2nd Gear September 19, 2018 Share September 19, 2018 Think this has got to be the quietest COE thread in 2018, good luck to all those bidding for this round. 1 Link to post Share on other sites More sharing options...
Griever 2nd Gear September 19, 2018 Share September 19, 2018 Yes really quiet especially on a bidding closing day...COE crash 1 Link to post Share on other sites More sharing options...
LuminouX Clutched September 19, 2018 Share September 19, 2018 not much backlog from the last bidding? will be having my 1st round of bidding today :) ↡ Advertisement Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
Cars at Expo - Apr 2024
Cars at Expo - Apr 2024
COE Bidding - March 2024
COE Bidding - March 2024
Singapore ‘open to’ idea of one-off rise in vehicle population
Singapore ‘open to’ idea of one-off rise in vehicle population
Used Car Dealers Feedback (Part 2)!
Used Car Dealers Feedback (Part 2)!
4th generation Suzuki Jimny coming in 2018.
4th generation Suzuki Jimny coming in 2018.
Sell by bidding - BEST price from 500 car dealers in 1 day
Sell by bidding - BEST price from 500 car dealers in 1 day
2024 COE trend..
2024 COE trend..
New car discount/price/promo
New car discount/price/promo