COE - August 07 2nd bidding exercise

[Ahyoo2002]

Quite a few PI offer this scheme

[Ivan96935sg]

The lower the COE, the more profit margin the dealers make.

 

Yeah yeah.........Dealers, PIs, ADs, etc, all laughing their heads off by looking at the profits! They are the winners.

 

New car buyers thought they have a good deal but then not many see things beyond that dropped in COE. Cost savings not that much too.

[Arowana1]

Just heard over the radio there was a technical glitch. A number of bidders could not log in their bids which resulted in the low coe prices.

 

perhaps they should declare void for this round?

[Kons]

Very difficult to void. where got admit fault

[Schneider79]

This is life... Buy car need a bit of luck & timing. My friend kanna the $5K COE for his Rush in Feb this year, keep cursing and swearing, also 1 bid guarantee, no COE rebate.

 

Those who gonna sign from tomorrow onwards will be getting good deal at "lower price". But usually, after high volume of orders are taken, the dealer will increase price gradually. For those on the sideline, this is a good time to get a new car.

 

Buy at low price now, get high COE! No need to guess, CAT A COE will return back to $10K+ next round.

 

I doubt the price for cat a is going to reduce significantly.

According to the market news, the Cat A was suppose to increase in premium yesterday. Rumors saying that it might hit $18k for Cat A....

Dealers should had learn their lesson during the CNY saga.

$5k, next round $12k. I guess the next round should be $15-$17k. Back to normal COE pricing.

[Schneider79]

They wont void. If they void, last time the $50 cat B, $12888 cat B and $101 cat A can void liao.

[Ahyoo2002]

whether it will be back to normal COE pricing, very much depend on how much the car dealer lower their price.

 

If they lower too much, and will make too many people buy and they have big trouble securing COE and in the end push up COE price.

 

If they lower only a bit, a lot people may wait.

[Steadyla]

Price of cars will go up....Yen has strengthen alot against the singapore dollars...

[Sfhuang]

Yah this is Singapore. Gahmen where got admit fault one.

Edited August 23, 2007 by Sfhuang

[Apollo]

Hand of God!!!

 

hur hur.... i sleep also smilin'

 

some1 up there like me alot.

 

 

hur hur

[Cheekg98]

Seems like tis batch all buy cheap Car..

 

Only those who book last round and get rebate is winner.

rebates not much rite? since coe plunge, u shd keep yr promise and get a ride now

[Ahyoo2002]

Hehe, about 5% increase againt SGD.

 

Take a car with 15K OMV, OMV will be increase by $750. Plus the tax...., the overall increase is only $1800. Still not consider a lot.

 

But hor, when Yen drop, did the car dealer said reduce car price?

[Ahyoo2002]

can I use Cat A COE to register a Stream

[Apollo]

of cos....... can

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NOT

[Ahyoo2002]

Yah

[Guest Julio369]

Seems like tis batch all buy cheap Car..

 

Only those who book last round and get rebate is winner.

 

Totally crap!!!...the real winners are LTA , AD/PI & Banks...

 

you got low COE, your car value also lower what!!

 

you're only a winner if you compare to those who got higher COE...but hor...COE is only a small component of the overall cost of owning a car...ARF, GST, Custom Tax, ERP, Road Tax, parking fee, Fuel Tax, Fines etc.... whoa!!!! so many Taxes!!!!

 

I consider the winner is one who takes a Bus/MRT...cannot squeeze any juice out of them...

[Steadyla]

Hehe...dealers will reduce or increase accordingly to situation. HOw much it will increase, just wait and see ba. minumum going to be about 2.5K.

 

Maybe some PI can comment..:)

[Ahyoo2002]

you can look at here:

 

http://www.mycarforum.com/forum/gforum.cgi...2019448#2019448