COE - August 2nd Bidding

[Lava]

The round COE confirm $1 for both cat

[Simonsoh]

The round COE confirm $1 for both cat

 

ya.. then all companies can buy ALPHARD and remove the seats to become pickup.

[Yc2005]

So late already action havent start...

[Passat57]

i think better go to the ATM machine to bid, maybe got fluke results.

[Heng51]

What are the admin charges if bid thru ATM or internet banking?

 

$2 admin charge... for POSB i think can only bid through atm...

 

COE Bidding User Guide for ATM

Bid Submission

1. Insert DBS/POSB ATM card

2. Enter PIN

3. Select "More services"

4. Select "Electronic COE Bidding"

5. Select account to debit

6. Accept Terms of Application & Select Submission

7. Select Category

8. Read details, enter Reserve Price

9. Confirm Transaction

10. Display details and print receipt

Basically, the reserve price is the price you want to bid for the COE. The deposit is $10,000 and the admin charge is $2. If the bid is unsuccessful, the deposit of $10,000 will be returned to you the next working day. If the bid is successful, the deposit will be retained by LTA in offsetting the COE, the ARF and taxes. With the COE, you can go to any dealer and buy a car.

 

[Kar_lover]

The round COE confirm $1 for both cat

 

u've been proven wrong already as of now.

[Deckbuild]

i think better go to the ATM machine to bid, maybe got fluke results.

 

That time I wanted to bid for fun and found out there is a charge of $30 if I'm not wrong, then I just forget it. Anyway start to have movement on CAT A and E already.

[Maz0608]

So late already action havent start...

Maybe they forget today is COE bidding day!

[Deckbuild]

$2 admin charge... for POSB i think can only bid through atm...

 

COE Bidding User Guide for ATM

Bid Submission

1. Insert DBS/POSB ATM card

2. Enter PIN

3. Select "More services"

4. Select "Electronic COE Bidding"

5. Select account to debit

6. Accept Terms of Application & Select Submission

7. Select Category

8. Read details, enter Reserve Price

9. Confirm Transaction

10. Display details and print receipt

Basically, the reserve price is the price you want to bid for the COE. The deposit is $10,000 and the admin charge is $2. If the bid is unsuccessful, the deposit of $10,000 will be returned to you the next working day. If the bid is successful, the deposit will be retained by LTA in offsetting the COE, the ARF and taxes. With the COE, you can go to any dealer and buy a car.

 

 

Ahh, thanks!

[Steptronic]

People are after Cat E now. It means COE is going to go up in the near future too

[Kar_lover]

That time I wanted to bid for fun and found out there is a charge of $30 if I'm not wrong, then I just forget it. Anyway start to have movement on CAT A and E already.

 

Cat E suddenly shoot to $90k. Maybe is those big AD bidding for themselves cos Cat B have not even met the quota yet.

Edited August 23, 2012 by Kar_lover

[Jp66]

People are after Cat E now. It means COE is going to go up in the near future too

maybe miracle today, Cat E >$90K, Cat B $1

[Deckbuild]

Cat E suddenly shoot to $90k. Maybe is those big AD bidding for themselves cos Cat B have not even met the quota yet.

 

Amazingly CAT B still quite way off, 285 bids at 344 pm

[Steptronic]

Cat E suddenly shoot to $90k. Maybe is those big AD bidding for themselves cos Cat B have not even met the quota yet.

Yes, those ADs save for "rainy" season.

[Kar_lover]

 

15mins left and Cat B still have 40 unutilised COEs....

[Mllcg]

Will A and B crash?

[Heng51]

cat A $44k

[Tianmo]

I love this.............CAT A go go..............CAT B stay stay........... [laugh]