March 2010 Second Open Bidding Exercise For Certificates Of

[Waffenss]

I feel the way the ADs sell cars is flawed & against consumers' benefits. They could have let consumers bid for the COEs themselves & just sell based on the price without COE.

[MadDog70]

Cars are getting so EXPENSIVE suddenly, with COE rising so fast.

[Darryn]

I feel the way the ADs sell cars is flawed & against consumers' benefits. They could have let consumers bid for the COEs themselves & just sell based on the price without COE.

 

I tink is ok to let AD bid - but the car price and the budget for bidding should be listed separately on the Sales agreement.

 

to repeat what I say earlier - when I buy from PI, he very transparent, quote me price for body only, and I give him max budget for COE - he bid on my behalf.

 

I don't see why AD cannot do this way.

 

If they concerned abt people "wasting time" with low budget, they can just refuse to book car unless budget is what they term sufficient.

 

It seems to me that the way it is done at the moment is to allow AD to make more profit. Their profit should come from car, not from the way that they manage COE bidding.

 

If really say something like - "time and effort must pay" then charge a flat admin fee to prospective buyer, or alternatively I am sure that some enterprising person will start a professional bidding service that the AD can use.

[Kahlid]

what you say is correct, but it just cover the taxes that needs to be paid, it has not included cost of the sales (e.g. running cost, sales commission, overheads, etc)

[Jp66]

I tink is ok to let AD bid - but the car price and the budget for bidding should be listed separately on the Sales agreement.

 

to repeat what I say earlier - when I buy from PI, he very transparent, quote me price for body only, and I give him max budget for COE - he bid on my behalf.

 

I don't see why AD cannot do this way.

 

:

I remember Komoco did that before, buyer decide the COE price, but I think there is a minimum amount.

[Darryn]

I remember Komoco did that before, buyer decide the COE price, but I think there is a minimum amount.

 

I would be ok with a "minimum amount" for the budget - after all, you do have to be fair to the AD and not book car with unrealistically low COE just to try luck. The amount of the bid should be done in agreement. But it should be very clear how much.

[Jp66]

I would be ok with a "minimum amount" for the budget - after all, you do have to be fair to the AD and not book car with unrealistically low COE just to try luck. The amount of the bid should be done in agreement. But it should be very clear how much.

In general, most buyers will let AD do all the job. One of my friend even booked a car without test driving .

[Redundancy]

No, Govt should actually control USAGE of cars. The mere owning of a car doesn't cause (traffic) congestion. It is the using of it. As i have said before in other threads, govt should increase COE so that COE price drops and ppl have realistic chance of owning a car. But by all means increase petrol tax, increase ERP rates, build more gantries, i.e. make USING the cars more expensive so ppl dun drive unnecessarily or ppl will manage their travel better, avoiding the congested areas during peak hours, etc. For businesses that require transport, allow them to claim relief from their income tax (or use a system similar to jobs credit and give back to the companies who then give back to the employees). High COEs "kills" EVERYONE indiscriminately - the light road user is penalised the same as the heavy road user, i.e. the light user is "subsidising" the heavy user.

 

Just a penny for thoughts, isn't high COE's 'price' causes by 'the very light users' who want to buy a car and doesn't needs it? Aren't they the one that causes high COE's 'price' for those people(heavy users) who really fully use the car and need one at times of little COE? Less people bidding will have lower COE cost? Why should a light user own a car if he doesn't use it often? He/she should get a off peak car(big rebates) of just rent one?

 

I feel that the only way they can reduce road congestion is by improving the public transport. Why no one wants to take public transport? Well it is'nt good enough to attract ppl to take. For example if you drive from Yishun to NTU for my case, it only take less then 40 mins, however if you take mrt to boonlay and transfer to bus will take you 1hr++ plus the squeezing with tons of people. More ever for the whole mrt trip you cant even plain drink water and the air con doesn't work well enough to cool cabin. And its nosiy. Obviously one would choose to drive over the standing in a moving public 'Sauna'.

 

increase petrol tax, will in turn raise the cost of public transport for buses so there will not be any savings for the ppl to make the switch to public transport.

 

The mere owning of a car doesn't cause (traffic) congestion, the garmen are just avoiding the problem with a non-effective highly profitable solution. From my view, only better public transport and public awareness of car pool will reduce congestion.

 

Pardon my bad grammar and English. Just my 2 cents.

 

 

[Extramint]

Just a penny for thoughts, isn't high COE's 'price' causes by 'the very light users' who want to buy a car and doesn't needs it? Aren't they the one that causes high COE's 'price' for those people(heavy users) who really fully use the car and need one at times of little COE? Less people bidding will have lower COE cost? Why should a light user own a car if he doesn't use it often? He/she should get a off peak car(big rebates) of just rent one?

 

I feel that the only way they can reduce road congestion is by improving the public transport. Why no one wants to take public transport? Well it is'nt good enough to attract ppl to take. For example if you drive from Yishun to NTU for my case, it only take less then 40 mins, however if you take mrt to boonlay and transfer to bus will take you 1hr++ plus the squeezing with tons of people. More ever for the whole mrt trip you cant even plain drink water and the air con doesn't work well enough to cool cabin. And its nosiy. Obviously one would choose to drive over the standing in a moving public 'Sauna'.

 

increase petrol tax, will in turn raise the cost of public transport for buses so there will not be any savings for the ppl to make the switch to public transport.

 

The mere owning of a car doesn't cause (traffic) congestion, the garmen are just avoiding the problem with a non-effective highly profitable solution. From my view, only better public transport and public awareness of car pool will reduce congestion.

 

Pardon my bad grammar and English. Just my 2 cents.

 

while you may be right, i believe in singapore, people who belong to the "light owners" category wouldn't consider getting OPC. OPC can be of value and convenience to some, but maybe, just maybe, those light owners you are referring to, if they can afford more than a car and probably underuse them, i doubt they will input OPC into their car-buying-formula, because to them it might be more of a hassle or whatever negative.

 

my neighbour has a camry, altis for normal daily drive for his family and another OPC 1series coupe (weird choice i find) to satisfy his weekend drive. another has a civic and teana for family normal drive but i always see him in a nissan 350z but not OPC during weekends, we usually wash our cars at the same time and i got a chance to ask him why, he said in a non-proud manner, this car cost 150k+ and its not worth factoring in OPC (17k deduction) and live with the red plate, the inconvenience of having the stickers ready etc.

[Manu27]

nice one..

[Maroon5]

nice one..

 

ey ur objective met.

[Leepee]

Drive 350z is normal, why must u say he non proud?

If he say proudly, then what must we infer?

 

 

[Extramint]

Drive 350z is normal, why must u say he non proud?

If he say proudly, then what must we infer?

 

some people don't need to drive 350z to be proud. some people drive better cars than 350z but still remain humble.

 

all i'm saying is, he is spewing big numbers from his mouth but he did that in a non-proud manner, as he was only being honest with why even though he had multiple cars, he didnt opt for OPC.

 

to you, maybe 350z is normal or average, to most people, already quite a big deal.

 

imagine he were to say in a proud and rude manner, "aiya drive 150k car still want to save on 17k? for what F?".

 

even though numbers are the same, the message put across is very different.