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COE - August 07 2nd bidding exercise


Ahyoo2002
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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.

Edited by Amazon777
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Cat A drops by so much. will we be seeing a big reduction of car prices? [gossip]

 

The new price reduction will not correspond to the $9K COE drop. Maybe $4K to $5K at most.

Edited by Amazon777
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Seems like tis batch all buy cheap Car.. [idea]

 

Actually no rocket science, the dealers are all in cartel [grouphug] and the gahmen seems not to bother. Imagine people are bidding only $8K+, what does it say. I believe people should already know that the bid just after CNY and during Seventh month has a certain element of potential COE crash . Prepare for the same crash next year after CNY, if all remain status quo and if gahmen not going to reduce COE quota.

Edited by Amazon777
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Neutral Newbie

Totally no transparency, COE drop by $9K and price dropped by $4K? We should all be bidding COE ourselves and let market force decides the price, just like the stock market. The COE system should not be used by the AD as another profit making tool.

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The SE will not have the right to say how much to bid.. it's the company behind him.. someone who sits up there decides all these.

 

You are up against a syndicate [lipsrsealed] the SE is just a smiling face (or nice body) that the syndicate hires to please you [laugh]

 

syndicate.. what a word to use.. [laugh][laugh]

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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.

Edited by Watwheels
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That is their own fault for not keying in early. I try to revise my bid at the last 10 mins, also very very slow [:/]

 

Anyway, I failed [bigcry]

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Cat A drops by so much. will we be seeing a big reduction of car prices? [gossip]

 

The new price reduction will not correspond to the $9K COE drop. Maybe $4K to $5K at most.

 

4-5k also considered quite alot.

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Damn sway. Went for one bid guaranteed and ended up losing a gd 9k for nothing. bigcry.gif

 

why u silly to go for 1 bid guaranteed?

 

this is just a gimmick to earn yr extra money, do u know that?

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Neutral Newbie

1 bid guaranteed don't get rebate if COE falls below rebate level?? Is it true? Sounds quite ridiculous to me leh... [confused]

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