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COE - May 07 1st bidding exercise


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I have another question regarding COE price and resale value of cars.

 

If I buy a 1.6L car for $50K with $10K COE, and if the COE just keeps going up and up until $20K by June, or maybe $25K by Sept and the same car is being sold new for $65K then, will it affect the resale vaue of my car?

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Neutral Newbie

of course it does affect the resale value. i have known that in the 90's ppl actually make money from selling their rides when the COE is going up sharply.

 

those with -ve equity on their current ride, and want to get rid of the heavy commitments, these few months might just be the right time to sell.

 

Good luck. !!! [thumbsup][thumbsup]

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Neutral Newbie

anyone book car from C&C and was asked to top up $5k for next round COE?

i book a car during the COE crash and my next bid is the last so the sales guy ask me to top up $5k to change for non-guaranteed to a guaranteed COE.

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Neutral Newbie

Hi guys,

 

New to forum here. Just wanted to share some good news. Got my COE from PI on the fourth attempt which is according to agreement. 4 bid guaranteed COE. Mine was Cat A for Axio. [:)] So I guess its all about patience and waiting lar. I think mostly they will manage to get the COE for us but depending on our timeframe also. Luckily I wasn't rushing for the car and just waited it out. Booked it just after CNY. Waiting for my ride. Should be in within 2 weeks. [bounce1][bounce1]

 

cheerzz.

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Neutral Newbie
My PI promised me my Suzuki Swift in one weeks time.

I hope he bid for me successfull this week!

Can't wait to drive my little white pocket rocket on the road.

 

I think the COE will drop a little this week. There is no demand for the past few weeks.

 

Good luck to you...yes! believe the COE price should be quite stable for now and less buying now due to the increase in $$$$$$. Do enjoy your ride but do drive safe too [flowerface]

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Neutral Newbie

YES! they are not keen to do our business. I booked a lancer during the COE crash. They did not even try bidding for me until the 4th bidding. crap.

 

And when I called to cancel my booking, they are so happy to tell me the procedure to get back my deposit. what the [furious]

 

c n c [rifle]

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anyone book car from C&C and was asked to top up $5k for next round COE?

i book a car during the COE crash and my next bid is the last so the sales guy ask me to top up $5k to change for non-guaranteed to a guaranteed COE.

 

siao bo 5k

[dead][dead][dead]

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i remember the lowest offer for lancer auto is 43k. Are u one of them ? meaning C&C 43k lancer auto is bluff people one ah ?

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Neutral Newbie

yah! i booked the 43k lancer and even top up 1.3k for leather seats, etc!

crap man. they lowered the price just to lure pple to book. now asking for 5k top up.

siao man!

[furious]

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ITS crazy!!! moreover cnc is such a reputable dealer!! i hope TCM wldnt do that to me man.. hai.. sianz

 

Your SE did not get back to you on how much to top up ?

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