COE - May 07 1st bidding exercise

[Lawman123]

what is the reason for LTA to jack down price? Doesn't sound quite logical. Care to share more?

[Xmen77]

actually its 3.5K, but "guaranteed" COE last bid if i top up

[Ahyoo2002]

I think no need to jack down price. After May 2nd bidding which is 6th bids for most people who booked in Feb, if they refused to top up, all can collect deposit.

 

And with very less people willing to buy at current car price, June maybe time for COE to soften, just my guess

[Xmen77]

I was not even offered an option of CAT E COE

[Xmen77]

C & C...who else

[Lobangking88]

hey there, i do sympathise wif u....guess u didnt get from me..at least i had a way out for all my clients...some took it some didn't (Just EDIT) at no extra cost...just pay the price that was at 5.2k (however this was purely first come first serve) ..now no more this option

 

if someone offered to top up your bid and take your car will u be keen ?

the person will bear the transfer of ownership to his name after u get it.

no loan needed....

Edited May 9, 2007 by Lobangking88

[Lobangking88]

u too same boat ???

[Tehkb]

I guess it's your call, it's obvious that they probably won't get you a COE at the current price, maybe your purchase price is low and for them to make money to bid at the current COE price, they want your top-up $$.

 

Pay and get your car or take your booking money and buy another car.

[Lobangking88]

if your car was the Auto lancer i believe the price is 43k+ (+3.5k)

46.5k.....i might be able to get someone to take your car if u r keen at that price...but u need to cancel your loan and the person will pay full cash for your car....

 

its still cheaper than the current model...

[Lobangking88]

i have a client that got it at that ride w/o top up....cos they *ahem* models...

they got it thru me....

[Lobangking88]

if last bid fail ask them how? (Wats the top up?)....i believe u did enquired from me b4 right ? haiz guess no fate....neverthless if last bid fail.....if a person willing to top it up for u and do all the paper work to change ownership on day 1, u keen ?

 

43k+3.5(top up)= 46.5k (is yours wif leather uphols?)

 

i believe tmr lancer auto will be ard 51-52k wif all the leather etc

how say ?

Edited May 9, 2007 by Lobangking88

[Lobangking88]

i could have gone down to Alex to c u.....hmm manual ah, hmm i need to check again...

I had the best option to ask my client not to top up but to switch to XXX at current px...

 

sorry have to edit to safeguard myself

Edited May 9, 2007 by Lobangking88

[Xmen77]

What does Singa get to gain if he transfer the option?

[Lobangking88]

well lets see how much i can mark it up for..... cos the buyer need to pay for the transfer that will cost ard 1k+

 

also there r others car buyers who wish to give up their ride and use this option too...

Edited May 9, 2007 by Lobangking88

[Ahyoo2002]

some report from carbuyer:

 

 

May 09, 2007,

May round 1: Happy New Quota Year - not!

What a way to kick off the 2007 Quota Year, as May brought brought fresh highs for the COE market

 

LAST MONTH WE wrote that if history was going to repeat itself, the market

[Ash_ray]

hey lobangking i still dont get the lobang. do you mean to say someone (your client) will top up $3.5k so that singa will get the coe and car? after that singa will transfer the car to your buyer (who will pay the transfer fee) and singa get to pocket some "kopi money"?

 

i have a friend who booked after the coe crash too (basic auto lancer) fifth bid alrdy still no coe...

[Lobangking88]

u understand it 100%...

[Chewbacca80]

I also didnt get my car =((((((( next round will be the final bid... bought a Nissan March

 

my se did call me to talk about cat E with top up, but didnt tell me the top up price etc, say will cfm with me today...but i wld most likely go for 6th bid.. haa 2 more weeks only..

 

anyway my other fren who bought a R2 got offered cat e coe without top up... so good!!!