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2nd COE Bidding Feb


Tohto
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before the policy kick in.. MCF people here already knew it wouldn't work lor~!!

At first I thought might work but again news show that premium brands are bring in lower spec vehicles to counter the government intentions.

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Used car also got same loan limits...

 

 

Potential car buyer turn into motorbike buyer also cause issue for their COE. $3K i think maybe?

 

No chance buy new car better buy used car with 100% loan..:P

 

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is it possible for LTA to announce this week that new Cat A must be below 1600cc and below 110hp??

 

can they do such a thing? as in just anyhow change immediately to deal with the current situation?

Altis will also go to CAT B leh. Only Getz, Picanto etc which has extinct already.

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before the policy kick in.. MCF people here already knew it wouldn't work lor~!!

 

Ah Lui never surf MCF.. [smash][smash]

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after awhile ... buyers become numb

 

$70k+ coe = shout cheap

$80k+ coe = ok can tahan

$90k+ coe = expensive but if year end or cny ... die die also must bid

 

Wonder which CAT will cross $80K??

 

Edited by Wt_know
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Did you all notice bids for Cat A remain at 700 bids, but the bid amount $$$ keeps going up

 

So that means existing bidders are revising bids upwards?

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Bids Received = unique bid or every single bid including revised bid?

 

if unique bid means 700 people fight for 362 Cat A coe ...

 

Did you all notice bids for Cat A remain at 700 bids, but the bid amount $$$ keeps going up

 

So that means existing bidders are revising bids upwards?

 

Edited by Wt_know
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At first I thought might work but again news show that premium brands are bring in lower spec vehicles to counter the government intentions.

only VW and Mecr brought a few "premium brands" to CAT A,

why Singaporen die die want VW or Mecr badge, even if it's low power engine,

it caused all of us only want to buy Jap/Kor cars have to bear sky high COE, [rifle]

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Blardy wimped out at last moment...

 

Didn't even reach $80k....

 

half effort man, pack of pikers...

 

Wow...

Motorbikes at $3,500.....lotsa people switching from four wheels to two

 

Wonder if I can import Honda Motorbike

 

THIS one can ride on a car license...

Edited by Darryn
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We have only ourselves to blame for being naive, believing that the new Cat will work. LTA simply did what the majority requested them to do.

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now more or less the cars coe are settled ard the same level. the interesting cat will b for motorcycle. keeps going up n up. jus bcos the LTA scholars somehow pulled out a magic figure from the air that they need to reduce the quota, when all traders said the de-registration has remained same or increased.

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Did you all notice bids for Cat A remain at 700 bids, but the bid amount $$$ keeps going up

 

So that means existing bidders are revising bids upwards?

 

Dealers are nuts !! they jolly know well the COE is crazy price but yet still that price?

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COE is about demand and supply and will remain at such sky high levels even if LTA increases quota.

 

ICA is allowing more foreigners to live and work in Singapore and foreigners are also buying cars.

 

Look at the no. of foreigners in Singapore 5 years ago and now.

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We have only ourselves to blame for being naive, believing that the new Cat will work. LTA simply did what the majority requested them to do.

honestly, to include BHP into COE categorisation was NEVER the suggestion from the mass...

 

the closest was to base on OMV at least...

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only VW and Mecr brought a few "premium brands" to CAT A,

why Singaporen die die want VW or Mecr badge, even if it's low power engine,

it caused all of us only want to buy Jap/Kor cars have to bear sky high COE, [rifle]

 

 

You are probably right to say it.

 

Some buy these conti brands for their technologies, some for their presumed 'brand names', whatever it is, the true B&B buyers will be priced out of the market again.

 

Why cant they use OMV values instead of hp as the criteria? Currency fluctuations can be adjusted accordingly although not very precisely.

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now more or less the cars coe are settled ard the same level. the interesting cat will b for motorcycle. keeps going up n up. jus bcos the LTA scholars somehow pulled out a magic figure from the air that they need to reduce the quota, when all traders said the de-registration has remained same or increased.

the price of superbikes will costs almost as much as BNB cars like few years back!

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