Astrid 4th Gear April 10, 2014 Share April 10, 2014 If COE is purely to restrict the number of vechicle then we should do away to bidding system. My suggestion is to distribute the COE evenly to the car dealer. For example, COE quote is 3000 and total of car dealer is 30 then each dealer will be getting 100 with fixed cost. If they have more than 100 order, buyer has to queue to next release. That is tantamount to "commercial-communism"! It just won't work in a free-market economy. ↡ Advertisement Link to post Share on other sites More sharing options...
Wt_know Hypersonic April 11, 2014 Share April 11, 2014 other than populist policy like education, healthcare, housing, etc all other matters are run by capitalism ... no money no talk even populist policy ... those with $$ can still get an advantage lets face it ... no $$ no talk ... $ is evil ... the necessary evil no $$ no argue ... 1 Link to post Share on other sites More sharing options...
Ktglfc Hypersonic April 11, 2014 Share April 11, 2014 End of story -> don't expect coe to come down, be it this year or next year or the year after next ..... full stop Link to post Share on other sites More sharing options...
Duckduck Turbocharged April 11, 2014 Share April 11, 2014 when everyone expects it to come down, it doesnt. when everyone expects to go up, it wont. just watch. same for property Link to post Share on other sites More sharing options...
Naimed 5th Gear April 11, 2014 Share April 11, 2014 Whenever I see the results of COE being announced...I feel we T-loan our balls to the dealers to fight with each other. End results...everyone will feel the pain (maybe not the super rich?)...LOL Link to post Share on other sites More sharing options...
Duckduck Turbocharged April 11, 2014 Share April 11, 2014 CNA Breaking News: The monthly quota of COEs for May to July has been released by LTA; compared to the February to April bidding exercises, there will be a 41% rise in available COEs for Cat A (cars up to 1,600cc/97kW), 37.8% for Cat B (cars above to 1,600cc/97kW), 46.9% for Cat C (goods vehicles and buses), 53% for Cat E (open). Slight dip of 4.6% in available COEs for Cat D (motorcycles). Story to come. 2 Link to post Share on other sites More sharing options...
Powxus 3rd Gear April 11, 2014 Share April 11, 2014 CNA Breaking News: The monthly quota of COEs for May to July has been released by LTA; compared to the February to April bidding exercises, there will be a 41% rise in available COEs for Cat A (cars up to 1,600cc/97kW), 37.8% for Cat B (cars above to 1,600cc/97kW), 46.9% for Cat C (goods vehicles and buses), 53% for Cat E (open). Slight dip of 4.6% in available COEs for Cat D (motorcycles). Story to come. Election coming ... Link to post Share on other sites More sharing options...
Mockngbrd Supersonic April 11, 2014 Share April 11, 2014 (edited) CNA Breaking News: The monthly quota of COEs for May to July has been released by LTA; compared to the February to April bidding exercises, there will be a 41% rise in available COEs for Cat A (cars up to 1,600cc/97kW), 37.8% for Cat B (cars above to 1,600cc/97kW), 46.9% for Cat C (goods vehicles and buses), 53% for Cat E (open). Slight dip of 4.6% in available COEs for Cat D (motorcycles). Story to come. HUAT AH!!!!!! BUYING CAR NOW!!!! (arctually at most prob just go down to 60k nia la) Edited April 11, 2014 by Mockngbrd Link to post Share on other sites More sharing options...
Duckduck Turbocharged April 11, 2014 Share April 11, 2014 max downside shortterm is abt 60-65k IMO Link to post Share on other sites More sharing options...
Duckduck Turbocharged April 11, 2014 Share April 11, 2014 Link to post Share on other sites More sharing options...
13177 Hypersonic April 11, 2014 Share April 11, 2014 (edited) HUAT AH!!!!!! BUYING CAR NOW!!!! (arctually at most prob just go down to 60k nia la) Dont think the quota increase is able to cope with the huge demand. I believe the coe price still about the same. Edited April 11, 2014 by 13177 Link to post Share on other sites More sharing options...
Lincoln 3rd Gear April 11, 2014 Share April 11, 2014 From this point onwards, supply will grow 20%-40% every quarter all the way to end 2015! Hold your purchase if you can! Link to post Share on other sites More sharing options...
Duckduck Turbocharged April 11, 2014 Share April 11, 2014 cat A almost double supply.. fwahlaneh!! Link to post Share on other sites More sharing options...
Mockngbrd Supersonic April 11, 2014 Share April 11, 2014 From this point onwards, supply will grow 20%-40% every quarter all the way to end 2015! Hold your purchase if you can! Wah JUST IN TIME for 2016 erection! 1 Link to post Share on other sites More sharing options...
Duckduck Turbocharged April 11, 2014 Share April 11, 2014 Wah JUST IN TIME for 2016 erection! those who bot recently at highs really die kok stand before erections AHHAAHA 1 Link to post Share on other sites More sharing options...
Lincoln 3rd Gear April 11, 2014 Share April 11, 2014 those who bot recently at highs really die kok stand before erections AHHAAHA As for those who bought using the recent 50% downpayment, the parf/COE rebate of their car is always higher than outstanding car loan. Thus, as long as they can top up the rebate to another 50% downpayment for a new car, they can change to a new car. They are quite likely to do so when COE correct sharply 2 or 3 yrs later. As long as the car is within the first 3yrs, they will find that the topup is not much. There are probably 24k such cars in this situation from Mar 2013 to now! The people who are stuck are probably those who stretched their car loans just before Mar 2013. All of them are in negative equity and probably find it harder to settle a negative car equity on their old car and yet find another 50% downpayment for a new car. This group is likely to be in the Jan 2012 - Mar 2013. 1 Link to post Share on other sites More sharing options...
Ktglfc Hypersonic April 11, 2014 Share April 11, 2014 HUAT AH!!!!!! BUYING CAR NOW!!!! (arctually at most prob just go down to 60k nia la) I think coe will probably go UP ! There are so many ppl waiting at the sidelines now, so the demand will push coe to go UP first. UP till the demand exhausted, then probably we will see slight drop ... Anyway, no need to guess now, wait for the coe result, and we can see the trend Link to post Share on other sites More sharing options...
Kyrios Turbocharged April 11, 2014 Share April 11, 2014 (edited) Lots of drivers from the graduating class of 04, 05 and 06 and 07 drivers waiting by the sidelines...me included..keke... anyway will this take some hot air off from our smug used car dealers? Edited April 11, 2014 by Kyrios ↡ 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
Nissan QashQai 2014 Part 2
Nissan QashQai 2014 Part 2
Thomas Cup 2014/2018
Thomas Cup 2014/2018
Our cops need to do this more.
Our cops need to do this more.
Just passed my PPCDL, wats next???
Just passed my PPCDL, wats next???
2014 Corolla Altis - Technical, Features & Use
2014 Corolla Altis - Technical, Features & Use
More MRT Lines Announced
More MRT Lines Announced
MCF New Year Resolutions
MCF New Year Resolutions
2014 Honda Jazz / Fit (GK Series)
2014 Honda Jazz / Fit (GK Series)