Next Coe this Monday 25mar

[Wpohwah]

Action will be the final last 10min....... do not understand why start bidding on MON and ends 3 days later. Think Cat A n Cat B will be around 60k to 70k......

[Duckduck]

It's not a free market until they disallow dealers to bid n make it more difficult to buy a car. If they can do so for passport renewal n income tax payment, y not for Coe application?

[Eaton]

With Ah Lui announcing yesterday that more COE for 2014, will it affect the next few bidding as some will wait for next year to change car?

A lot of people queuing up to give money. Hard for Coe to drop

[Sdxx]

A lot of people queuing up to give money. Hard for Coe to drop

 

People need to buy car can afford willing to pay let them be lah. Don't say like that. You have a choice.

[Kar_lover]

It's not a free market until they disallow dealers to bid n make it more difficult to buy a car. If they can do so for passport renewal n income tax payment, y not for Coe application?

 

Errr passport renewal and income tax payment is not by bidding - they can do it anytime and there is no window and its not competitive. Its totally different.

 

Free market means no intervention. If they stop dealers from bidding, isn't that an intervention? What about those ppl who WANT dealers to bid for them (they got no time to sit behind computer in the last 5 or 10 mins of bidding exercise).

 

As for difficult to buy car, the high downpayment is already making it pretty difficult.

 

 

 

 

[Wpohwah]

CAT A $30001

CAT B $25001

Going up n up

[Redantckc]

Looks like Cat A $70k is to stay.

[Jp66]

CAT A $30001

CAT B $25001

Going up n up

my guess is both Cat A & B should close around $60K

[Civic6228]

From the previous bidding exercise results, it is apparent that some car dealers could agree to set Cat A very high whilst causing a noticeable plunge in Cat B (to offset the rise in ARF).

 

Cat A bid to quota ratio was 1180/336 was not very much higher than 1028/326.

 

Some other (Japs & Korean) dealers were expecting Cat A to fall significantly but they were not able to break the "cartel".

 

So long as car dealers are not banned from bidding, it is not true market forces by buyers' market, the COE premiums be at the mercy of some of the dealers.

 

I would not be surprised if both Cat A & Cat B premium rise above last exercise figures.

 

CAT B drop, people rush in to buy .......... BMW, Merc and some others brands are using the loopholes with the inhouse and finance companies. Gahment is looking damn silly now with the loophole.

 

If there is no buyers .... AD so free to go and bid ???? It is not the ADs, the buyers are the one. Buyers always have a choice.

Edited March 27, 2013 by Civic6228

[Wpohwah]

Cat A now jump to 35001

Cat B now 28001

[Mac_bart]

It's not a free market until they disallow dealers to bid n make it more difficult to buy a car. If they can do so for passport renewal n income tax payment, y not for Coe application?

 

In a truly free market, you won't need a COE to buy a car. :)

[Maxus-MIFA9]

A CAR (1600CC & BELOW) 35,001 337 513

 

B CAR (ABOVE 1600CC) 28,889 307 430

 

C GOODS VEHICLE & BUS 1 225 23

 

D MOTORCYCLE 1 543 318

 

E OPEN 1 279 72

 

 

 

 

Cat E, so less bids ....

[Wormvirus]

maybe cat e need to die

[Redantckc]

Question: Can AD bid Cat A and B and keep for later buyer? Or only apply for Cat E.

[Wpohwah]

Only Cat A n B got actions...... the rest still at $1??? Cat A 36790 Cat B 30002

[Civic6228]

Question: Can AD bid Cat A and B and keep for later buyer? Or only apply for Cat E.

 

CAT A and B .... Non transferable

[Enye]

time to go toilet

 

get your coffee

 

and report in

 

 

 

[Thaiyotakamli]

Cat A 39k

Cat B 40k

rest still 1 dollar?