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COE - Jun 2011 - 2nd Bidding Exercise


Steptronic
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What would be your guess this time?  

73 members have voted

  1. 1. Cat A

    • Below 45k
      6
    • 45k-50k
      8
    • 50k-55k
      28
    • Abobe 55k
      31
  2. 2. Cat B

    • Below 55k
      6
    • 55k-60k
      7
    • 60k-65k
      28
    • Above 65k
      32


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Lazy Sunday! thought of starting this bit earlier....Quota is almost same as last bidding.

 

Next COE Open Bidding Exercise Starts on 20/06/2011 12:00 hrs, Ends on 22/06/2011 16:00 hr

 

A CAR (1600CC & BELOW) & TAXI 512

B CAR (ABOVE 1600CC) 423

C GOODS VEHICLE & BUS 279

D MOTORCYCLE 328

E OPEN 339

 

Source: LTA

 

 

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I got the feeling it will drop by $10,000.

Many AD are giving good discount!!

VW is giving >$10k discount. So is chevy. Mercedes also got very low downpayment cum installment schemes.

These AD must know something that we don't.......

 

So I say......very sure Coe will come down....if not how these AD earn?

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This time round whatever promotioniven should not affect much on the biddings, as think there are still many backlog to clear.

Looking at last bidding, there were quite numbers of unsuccessful bids and these bids will be back this round with already having asking customers to topup or so. Do note that this round quota also not say increase sky rocket hor....so market will be very competitive.

What do you guys think? Open for disussion please.

 

Jun 1st COE bidding results.

Category Received Successful Unsuccessful Unused

A CAR (1600CC & BELOW) & TAXI 880 506 374 4

B CAR (ABOVE 1600CC) 759 403 356 21

C GOODS VEHICLE & BUS 457 276 181 0

D MOTORCYCLE 507 327 180 0

E OPEN 530 295 235 43

 

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Neutral Newbie

Agree as last round more than 300 unsuccessful bid...:( COE will go north partly dueto economy is doing well.

 

This time round whatever promotioniven should not affect much on the biddings, as think there are still many backlog to clear.

Looking at last bidding, there were quite numbers of unsuccessful bids and these bids will be back this round with already having asking customers to topup or so. Do note that this round quota also not say increase sky rocket hor....so market will be very competitive.

What do you guys think? Open for disussion please.

 

Jun 1st COE bidding results.

Category Received Successful Unsuccessful Unused

A CAR (1600CC & BELOW) & TAXI 880 506 374 4

B CAR (ABOVE 1600CC) 759 403 356 21

C GOODS VEHICLE & BUS 457 276 181 0

D MOTORCYCLE 507 327 180 0

E OPEN 530 295 235 43

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My feeling is that both Cat A and B should go down a bit!

 

just as my thought......who will be crazy to bid for cat a over 50k

 

50k+car=100k [hur]

 

only teksi company will

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just as my thought......who will be crazy to bid for cat a over 50k

 

50k+car=100k [hur]

 

only teksi company will

Lol, those people who bought 508, C5, Elantra or S80? [laugh]

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just as my thought......who will be crazy to bid for cat a over 50k

 

50k+car=100k [hur]

 

only teksi company will

True, buyers would move to Cat B for some time now to bring it up in coming weeks before they come back to Cat A again and the cycle would go on for ever with few "k"s here and there.....hmmmm, the point would yet again be proven "Car is Luxury here"!

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Lol, those people who bought 508, C5, Elantra or S80? [laugh]

Teksis are out now if we agree 45K limit rule for them. 508s, C5s, Elantras and S80s total would be less than the available quota of 512. This time COE would crash, possibly $1! [:p]

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(edited)

Teksis are out now if we agree 45K limit rule for them. 508s, C5s, Elantras and S80s total would be less than the available quota of 512. This time COE would crash, possibly $1! [:p]

 

 

If this time round coe crashed but still above their coe rebate.Those who got their car this time will be losing BIG money!

Edited by Spidercool
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Neutral Newbie
(edited)

It will sure above 50k. checked at VW car price list, the COE they cap at 50k. If below that, they need to return the difference to buyer. So I don't think they will do lose money business. Usually VW prediction quite accurate one since they have hot selling betts which is 1.4 cat A car.

Edited by Kuokht
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It will sure above 50k. checked at VW car price list, the COE they cap at 50k. If below that, they need to return the difference to buyer. So I don't think they will do lose money business. Usually VW prediction quite accurate one since they have hot selling betts which is 1.4 cat A car.

 

Bro, you win. ;)

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Teksis are out now if we agree 45K limit rule for them. 508s, C5s, Elantras and S80s total would be less than the available quota of 512. This time COE would crash, possibly $1! [:p]

those only made up the numbers of buyers who want a good 1.6L car not to mention those buying 1.4TSI, TC or other normal <1.6 NA

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Teksis are out now if we agree 45K limit rule for them. 508s, C5s, Elantras and S80s total would be less than the available quota of 512. This time COE would crash, possibly $1! [:p]

i feel bad having to burst ur hopes....but it will NOT crash....why?....becos the taxi companies r like vultures waiting at the sides....once they see the prices r low enough they'll zoom in n put in bids, then the price will still be around 40K at least.... [cool]

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