Vega Turbocharged June 17, 2009 Share June 17, 2009 Cat A $ 12,899 Cat B $ 14,840 Cat C $ 12,615 Cat D $ 901 Cat E $ 15,100 ↡ Advertisement Link to post Share on other sites More sharing options...
Pigkachu Neutral Newbie June 17, 2009 Share June 17, 2009 Its very depressing to see this. lol Link to post Share on other sites More sharing options...
Jonbummer Neutral Newbie June 17, 2009 Share June 17, 2009 had never post any comments on COE but this is wat i think yes, COE quota is reduced however for the price for a piece of cert we will never see to go up so high when the economy is clearly unwell speaks volume speaks volume of the car dealers being mad to drive the price high when they know people is avoiding more than buying speaks volume of those who actually went ahead to purchase when it's clear that the price is artificially sky high (unless of they make $$$ from the recent share bull run) anyway wat i gather from my fren in some showroom the sales is actually awful.... there, my 1st post on COE. all IMHO Link to post Share on other sites More sharing options...
Jl1500k Clutched June 17, 2009 Share June 17, 2009 had never post any comments on COE but this is wat i think yes, COE quota is reduced however for the price for a piece of cert we will never see to go up so high when the economy is clearly unwell speaks volume speaks volume of the car dealers being mad to drive the price high when they know people is avoiding more than buying speaks volume of those who actually went ahead to purchase when it's clear that the price is artificially sky high (unless of they make $$$ from the recent share bull run) anyway wat i gather from my fren in some showroom the sales is actually awful.... there, my 1st post on COE. all IMHO SE has collected a lot of booking during in the past 4 months further more with the COE quoto cut in april so COE keep going up is expected. COE may fall to 10K and below in August time if lesser booking has make. If you observe the COE result how many successful and unsuccessful bid you may roughly know or predict the next COE result. Link to post Share on other sites More sharing options...
Picanto 3rd Gear June 17, 2009 Share June 17, 2009 its unlikely for coe price to fall anytime soon. the lta has already say that the quota will be further cut in the next coe review. good to see prices high as it will lessen the congestion on the road. on weekends, sometimes difficult to find parking spaces too. Link to post Share on other sites More sharing options...
Chickensoup 1st Gear June 17, 2009 Share June 17, 2009 Told you guys. Link to post Share on other sites More sharing options...
Polar28 Neutral Newbie June 17, 2009 Share June 17, 2009 its unlikely for coe price to fall anytime soon. the lta has already say that the quota will be further cut in the next coe review. good to see prices high as it will lessen the congestion on the road. on weekends, sometimes difficult to find parking spaces too. the quota is fixed for each period regardless the price high or low. the congestion will be there. you want no congestion, the only is for you to petition lta to keep reducing the quota, but the down side is coe price will ske rocket. Link to post Share on other sites More sharing options...
Picanto 3rd Gear June 18, 2009 Share June 18, 2009 the quota is fixed for each period regardless the price high or low. the congestion will be there. you want no congestion, the only is for you to petition lta to keep reducing the quota, but the down side is coe price will ske rocket. most probably they will do what you suggest. they have always mentioned that the pace of road development cannot keep up with the car growth. i think the era of the $10-15k COE will soon be gone. Link to post Share on other sites More sharing options...
Peaceracer 1st Gear June 18, 2009 Share June 18, 2009 most probably they will do what you suggest. they have always mentioned that the pace of road development cannot keep up with the car growth. i think the era of the $10-15k COE will soon be gone. Yea we cant have it all. Most prob it would reach the 20+k region in a yr's time and thn hopefully drop to the current rate abt 3 yrs later. Cos thats the time i think i would change car. Link to post Share on other sites More sharing options...
Leepee 1st Gear June 18, 2009 Share June 18, 2009 COE will surely SHOOT up to $20-$30k levels by Chinese New Year 2010. Further cuts in September 2009 is almost sure. When the economy recovers by 4th quarter 2009........ Be prepared for $50k COE in 2010 onwards. Link to post Share on other sites More sharing options...
Stargate2 Neutral Newbie June 18, 2009 Share June 18, 2009 The rich will still be rich. They will still able to afford to change cars. Besides, for people who has business, working in sales they will still need cars/van to get things done. The root of the problem is that there are simple too many people in singapore. COE over subscribe, HDB ballot over subscribe, everything over subscribe. Link to post Share on other sites More sharing options...
Tolecnal 2nd Gear June 18, 2009 Share June 18, 2009 IMHO singaporean are getting more and more cash rich, see how we spend during recession!!! Link to post Share on other sites More sharing options...
Ferrariz Neutral Newbie June 18, 2009 Share June 18, 2009 COE will surely SHOOT up to $20-$30k levels by Chinese New Year 2010. Further cuts in September 2009 is almost sure. When the economy recovers by 4th quarter 2009........ Be prepared for $50k COE in 2010 onwards. 50k ?? haha, i dont think so, mabbe for CAT B or Open I think once coe go close to $20,000, the price pressure put on many of the bread and butter CAT A car , would put many LOWER MORTALs off from buying new car. Once demand soften, price will drop or hover, around 15~20k in the near future unless we drop into recession again. Link to post Share on other sites More sharing options...
Antirobo Neutral Newbie June 18, 2009 Share June 18, 2009 COE will surely SHOOT up to $20-$30k levels by Chinese New Year 2010. Further cuts in September 2009 is almost sure. When the economy recovers by 4th quarter 2009........ Be prepared for $50k COE in 2010 onwards. What makes you so damn sure the economy will recover by 4th quarter 2009? Link to post Share on other sites More sharing options...
Babyt 4th Gear June 18, 2009 Share June 18, 2009 even if coe increases to 20k...it is still cheaper to buy a car...in the 90s, a corolla costs more than $100K leh. Link to post Share on other sites More sharing options...
Schneider79 Clutched June 18, 2009 Share June 18, 2009 yes yes!!!! Good!!! Those buyers who bought the Wish 1.8X at $72988 good luck man! Hope you guys get the car. Link to post Share on other sites More sharing options...
Guest Julio369 Neutral Newbie June 18, 2009 Share June 18, 2009 The COE high is because AD/ PI got balls to bid high. This is to cover back orders. I suspect a lot of OPC. Next new bookings price (higher) will base on the current high COE. so Next bidding, they have even more balls to bid high, escalating the COE......and this goes on for the next few rounds of bidding, thanks to customer's herd metality or kiasu, kiabor chia to drive. Until a stage when showroom become empty, they drop car price w/ promotions and bid conservatively (no order) to attract buyers, and COE goes down. The cycle continues. The question is, what is the period of the each cycle? Link to post Share on other sites More sharing options...
Avantiz Neutral Newbie June 18, 2009 Share June 18, 2009 sighz. COE price rocketing like crazy now. Well but still alot of rich singaporeans around to buy cars. haha.. ↡ Advertisement Link to post Share on other sites More sharing options...
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