Cars08 1st Gear November 10, 2011 Share November 10, 2011 Click on this link to get result faster.... http://www.onemotoring.com.sg/1m/coe/coeDetail.html ↡ Advertisement Link to post Share on other sites More sharing options...
Roh96 6th Gear November 10, 2011 Share November 10, 2011 My guess is this round may drop abit. Last round of bull run may turn off some ppl as they need time to digest and accept the fact. When ppl start to accept 50K Cat A and 70K Cat B is a norm, they will go back to showroom again. Link to post Share on other sites More sharing options...
Cars08 1st Gear November 10, 2011 Share November 10, 2011 Cat A will go beyond $70K and could surpass 100K...this is not the limit for info. Premium cars will launch their 1.6 & below model to gain better market shares and the only way the less premium car sellers can do is to bring in higher end models to match against the premium brand....Ultimately those who really need a car can only suck thumb and pay.... this will kill those who can bearly afford a car and price them out of the mkt....which will ultimately ease congestion on the road but lead to overloading of public transport... SBS can then put more buses on a less congested road....but 1 bus equivalent to 4 car or more size.... will still pack the road like sardines if they dun control overcrowding.... time to consider "Flying" cars (like the movie back to the future )...then the sky is your limit.... Link to post Share on other sites More sharing options...
Cars08 1st Gear November 10, 2011 Share November 10, 2011 tis round unlikely to drop bro...there is backlog not fulfilled....bids will get aggressive...lets wait till 3pm n watch closely....my guess is $60K for Cat A.... Link to post Share on other sites More sharing options...
Patricklyb Clutched November 10, 2011 Author Share November 10, 2011 COE Open Bidding Bidding will end on 10/11/2011 16:00 hrs Bidding status as at 10/11/2011 11:42:47.00 hrs Category Current COE Price ($) Quota Bids Received A CAR (1600CC & BELOW) & TAXI 1 548 97 B CAR (ABOVE 1600CC) 1 356 54 C GOODS VEHICLE & BUS 1 244 73 D MOTORCYCLE 1 388 181 E OPEN 1 330 35 Source: Land Transport Authority Link to post Share on other sites More sharing options...
Roh96 6th Gear November 10, 2011 Share November 10, 2011 60K for Cat A? I wonder how many AD will survive this battle if this high COE will to last for another 3 yrs. Month after month of bleeding....some AD hardly sell a few cars per mth. I think China make will exit this market first, follow by some PIs and smaller Jap AD. Link to post Share on other sites More sharing options...
Patricklyb Clutched November 10, 2011 Author Share November 10, 2011 COE Open Bidding Bidding will end on 10/11/2011 16:00 hrs Bidding status as at 10/11/2011 11:48:17.00 hrs Category Current COE Price ($) Quota Bids Received A CAR (1600CC & BELOW) & TAXI 1 548 97 B CAR (ABOVE 1600CC) 1 356 54 C GOODS VEHICLE & BUS 1 244 73 D MOTORCYCLE 1 388 183 E OPEN 1 330 35 Source: Land Transport Authority Link to post Share on other sites More sharing options...
Newkidontheblock Clutched November 10, 2011 Share November 10, 2011 60K for Cat A? I wonder how many AD will survive this battle if this high COE will to last for another 3 yrs. Month after month of bleeding....some AD hardly sell a few cars per mth. I think China make will exit this market first, follow by some PIs and smaller Jap AD. bro it is damn possible man... singaporeans are getting richer... how on earth u think we can even hit 56k ? more and more people need cars... and lesser people want to do without one... and the backlog of cars is incredibly crazy.... yes china cars will be out of market... but those 1.6L and below and economical cars will thrive ! Link to post Share on other sites More sharing options...
Patricklyb Clutched November 10, 2011 Author Share November 10, 2011 COE Open Bidding Bidding will end on 10/11/2011 16:00 hrs Bidding status as at 10/11/2011 13:09:51.00 hrs Category Current COE Price ($) Quota Bids Received A CAR (1600CC & BELOW) & TAXI 1 548 125 B CAR (ABOVE 1600CC) 1 356 69 C GOODS VEHICLE & BUS 1 244 74 D MOTORCYCLE 1 388 186 E OPEN 1 330 64 Source: Land Transport Authority Link to post Share on other sites More sharing options...
Astonteo Neutral Newbie November 10, 2011 Share November 10, 2011 60K for Cat A? I wonder how many AD will survive this battle if this high COE will to last for another 3 yrs. Month after month of bleeding....some AD hardly sell a few cars per mth. I think China make will exit this market first, follow by some PIs and smaller Jap AD. Bro,i dont think it will last for three years, i thought they say coe will drop during 2013 or 2014? Link to post Share on other sites More sharing options...
Cars08 1st Gear November 10, 2011 Share November 10, 2011 Got a friend telling me that COE for Cat A likely to stay between 60K to 80K for the next 1 yr at least...man... Link to post Share on other sites More sharing options...
Cars08 1st Gear November 10, 2011 Share November 10, 2011 Bro, you will be surprise that Jap may price themselves out of the market with rising yen and negotiation on the car tax matter within Jap remained unresolved.... I heard ppl no longer go for new Jap cars....interestingly it is conti cars that are making the mark... Link to post Share on other sites More sharing options...
HP_Lee 5th Gear November 10, 2011 Share November 10, 2011 Any higher than $48k, may cause by the taxis' companies. As they are meant for profit generating for taxi they buy. I do believe private buyers are sensible enough not to beat them for the meantime. Always remember, no one can tell you where the COE price is heading. Only the result tells the fact. Lastly, don't result to panic buy. Once the backlog is done, things will normalize again. When prices are too high, the taxi companies will hold their purchase also. No companies will keep on betting higher and higher, if they realize cannot make profit out of it. Not forgetting, bad times ppl will switch to public transport instead for the period. Link to post Share on other sites More sharing options...
HP_Lee 5th Gear November 10, 2011 Share November 10, 2011 Bro,i dont think it will last for three years, i thought they say coe will drop during 2013 or 2014? Yes. No sensible buyers will pay more than $50k, if they going for a Cat A. Most may instead move to CAT B, if this grp have extra cash in hand. Link to post Share on other sites More sharing options...
Cars08 1st Gear November 10, 2011 Share November 10, 2011 Bro how u define sensible huh? If ppl Sensible will they spend millions on a hse n knowing they cant take it away....ppl spend to enjoy...the sensible ones are those that are on a tight budget no choice...but there is a lot of cash rich Singaporeans.... $60k is peanut...lol... anyway...COE will be beyond your comprehension as you watch it rising...those who hv 1-2 years to go...good luck...2nd hand car market or unless u cash rich n can afford to down 50%.... Link to post Share on other sites More sharing options...
Patricklyb Clutched November 10, 2011 Author Share November 10, 2011 COE Open Bidding Bidding will end on 10/11/2011 16:00 hrs Bidding status as at 10/11/2011 14:38:46.00 hrs Category Current COE Price ($) Quota Bids Received A CAR (1600CC & BELOW) & TAXI 1 548 438 B CAR (ABOVE 1600CC) 1,112 356 360 C GOODS VEHICLE & BUS 1 244 131 D MOTORCYCLE 1 388 268 E OPEN 1 330 96 Source: Land Transport Authority Link to post Share on other sites More sharing options...
Patricklyb Clutched November 10, 2011 Author Share November 10, 2011 cat b started liao! Link to post Share on other sites More sharing options...
Old-driver 5th Gear November 10, 2011 Share November 10, 2011 moving...21889 liao... ↡ Advertisement Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
COE Bidding – Jun 2026
COE Bidding – Jun 2026
Exercising and losing weight
Exercising and losing weight
Sell by bidding - BEST price from 500 car dealers in 1 day
Sell by bidding - BEST price from 500 car dealers in 1 day
COE Bidding – Jan 2026
COE Bidding – Jan 2026
Just passed my PPCDL, wats next???
Just passed my PPCDL, wats next???
COE Bidding – October 2025
COE Bidding – October 2025
COE Bidding – July 2025
COE Bidding – July 2025
2011 Hyundai Elantra
2011 Hyundai Elantra