COE - Jan 2014 Round 2

[Darryn]

Round and round it goes, where it'll stop, nobody knows!

 

What's your prediction for today? Up, down, sideways or inside out?

 

I think we will see Cat B up a bit, Cat A down a bit and a further slide in Cat C.

 

What say everyone else?

 

[Quantum]

Round and round it goes, where it'll stop, nobody knows!

 

What's your prediction for today? Up, down, sideways or inside out?

 

I think we will see Cat B up a bit, Cat A down a bit and a further slide in Cat C.

 

What say everyone else?

 

CAT B & A both down, but B down a bit, A down a lot

Rich men already have bought whatever they diesired, no further buying momentum, and medium income people almost give up CAT B car switch CAT A after LTA new COE review scheme launched,

but now it's not the best time to bet CAT A , it should start from next month re- category CAT A,

[Hexxor]

should end above 70k

not much movement, both Cat A&B down a little

[comegetme]

i think all will go up

days of low COE are over...

 

even in 2015/16....people who deregister their cars are likley to buy cars

[Quantum]

i think all will go up

days of low COE are over...

 

even in 2015/16....people who deregister their cars are likley to buy cars

don't forget, next election year on the corner, COE up or down?

PAP so confident mah

[Knoobie]

Definitely up for CAT A for those that are trying to catch the last boat for 1.6 TC...

[Darryn]

I don't think so,

 

Unless the price comes down - for those that bought at anything less than $40k or so, a good number won't be able / willing to now pay $80k for a COE, and that's before you even consider moving from a 100% 10 year loan to a 50% 5 year loan.

 

i think all will go up

days of low COE are over...

 

even in 2015/16....people who deregister their cars are likley to buy cars

 

[Ttbest]

i think all will go up

days of low COE are over...

 

even in 2015/16....people who deregister their cars are likley to buy cars

 

I do agree on the above.. especially given that election in 2 years time will see low COE then in order to garner votes, this should be the time govt will be earning.

 

though secretly I hope to see a plunge in COE, that is not hopeful at all. who knows, it may jump to 80k-90k range due to the buying trend over the last 2 weeks of CAT A TC buyer

[Baal]

I don't think so,

 

Unless the price comes down - for those that bought at anything less than $40k or so, a good number won't be able / willing to now pay $80k for a COE, and that's before you even consider moving from a 100% 10 year loan to a 50% 5 year loan.

 

 

can renew 5yrs pqp, hence can loan if insist on driving. Can take loan for this. But not for 10yr pqp.

 

Or for those applicable, can also send home the household FT. That should free up another $700 to service instalment.

 

Assuming those cheap purchases that were taken were with 400-500/ mth inst, that would mean they could now afford loans of 1100-1200 / mth.

[Penknife]

got a feeling cat D gonna shoot to $2000

 

guess i'm keeping my kup kia

i think all will go up

days of low COE are over...

 

even in 2015/16....people who deregister their cars are likley to buy cars

correct

 

cars are like drugs, once hooked, hard to get rid

[Darryn]

Yep - and there is no doubting that some people will take those steps to continue driving.

 

There is also no doubting that some people took those steps to get into one of the cheap COEs in the first place.

 

Its not that ALL the cheap COE will stop driving, but you can be sure that at least a portion of them will drop out of the market - exactly how many is anybodies guess.

 

can renew 5yrs pqp, hence can loan if insist on driving. Can take loan for this. But not for 10yr pqp.

 

Or for those applicable, can also send home the household FT. That should free up another $700 to service instalment.

 

Assuming those cheap purchases that were taken were with 400-500/ mth inst, that would mean they could now afford loans of 1100-1200 / mth.

 

[OTOT]

How to expect COE to go down drastic!

less ppl de-registered, lesser supply of COE. demand >> supply. Even COE were to drop will be marginal and not BIG drop, unless recession..

[Quantum]

looks today something will happen, so far CAT B only 82 bids,

one hour plus to end, maybe $1 CAT B will be

Prepare to sprint to car showroom

Edited January 22, 2014 by Quantum

[comegetme]

looks today something will happen, so far CAT B only 82 bids,

one hour plus to end, maybe $1 CAT B will be

Prepare to sprint to car showroom

 

As Aerosmith said, dream on....

[Penknife]

 

As Aerosmith said, dream on....

action only come in the last 10 minutes

 

for Cat D, action comes from the last minute

 

this makes me wonder why do we need a 3 day bidding period? i tink 20 minutes is more than enuff

[Evillusion]

action only come in the last 10 minutes

 

for Cat D, action comes from the last minute

 

this makes me wonder why do we need a 3 day bidding period? i tink 20 minutes is more than enuff

as in everything....wayang!

[Nkps]

My guess:

 

A - up max by $2,999

B - plus minus $2,000

C - plus minus $1,500

D - plus not more than $500

E - plus minus $2,000

[Quantum]

action only come in the last 10 minutes

 

for Cat D, action comes from the last minute

 

this makes me wonder why do we need a 3 day bidding period? i tink 20 minutes is more than enuff

find who is the one to boost $1 to $70k in last minute,