2014 Aug 1st COE Bidding Exercise

[Dafansu]

my coe ending jan, looking for renewal of 5 years, monitoring closely now. Budget about 30k only prevailing quote premium. doing sales, no choice got to own a car.

[13177]

Well I do agreed with you. There are still some ppl dreaming that COE will drop to 20k.. all the best to them waiting.

You never know, coe drop to 20k might happen again?! Just like nobody would predict coe will increased until today crazy price back in 2009.

[Hybridcar]

those who r hoping for a big drop in COE in the next few mths, then it's a hope or luck.

coz big numbers of COE quota r only likely coming in frm middle or later next yr.

 

so I guess between now till middle or later NEXT year... LTA scholar already start brain storming how to make sure the COE does not plummet drastically....

my coe ending jan, looking for renewal of 5 years, monitoring closely now. Budget about 30k only prevailing quote premium. doing sales, no choice got to own a car.

 

bro, I pray for you hoping the COE doesn't climb up any further..

You never know, coe drop to 20k might happen again?! Just like nobody would predict coe will increased until today crazy price back in 2009.

 

somehow I have to agree, because no one can predict anything in future...

[Matrix0405]

Looks like prices are going up again. Open and B are inching back to $70K, and A will follow them north.

Which means, 2nd hand car dealers can increase their prices.

[3ply]

I still think the Govt will 'ensure' COE prices will be low just before the next GE.

 

So next year and 2016 will see low COE prices. Hopefully.

[Enye]

my coe ending jan, looking for renewal of 5 years, monitoring closely now. Budget about 30k only prevailing quote premium. doing sales, no choice got to own a car.

 

scrap value amortize over 5 years leh

 

[Dafansu]

 

scrap value amortize over 5 years leh

 

 

7k only, still more worth than new car.

I still think the Govt will 'ensure' COE prices will be low just before the next GE.

 

So next year and 2016 will see low COE prices. Hopefully.

 

with higher overall population, reduced number of COEs and better salary for workers in Singapore (home team just got 10--12% increase), I think it will be difficult t be low.

[Lala81]

sigh Cat B up so much.

[Gaolow]

7th month and still COE so high...hmmm

[Hybridcar]

sigh Cat B up so much.

 

someone keen on buying a C Class??

Edited August 6, 2014 by Hybridcar

[Quantum]

 

with higher overall population, reduced number of COEs and better salary for workers in Singapore (home team just got 10--12% increase), I think it will be difficult t be low.

definitely,

since govt so generous to give salary 10--12% increase, they have way to take back it as well

 

someone keen on buying a C Class??

Singaporean so rich, even E-class also sold out

[Heman75]

You never know, coe drop to 20k might happen again?! Just like nobody would predict coe will increased until today crazy price back in 2009.

it is a mistake back then and I don't think the authority will let it happen again

[Matrix0405]

 

7k only, still more worth than new car.

 

with higher overall population, reduced number of COEs and better salary for workers in Singapore (home team just got 10--12% increase), I think it will be difficult t be low.

 

 

With hanging at $60K+, 1.6L 2nd hand are depreciating at a high $8 - 10K a year, so the math does work out.

[darth_vader_]

panic biding in the next 3 months.

a lof of folks thought have 40% more coe but less coe instead.

$100k coe coming again.

[Notsogoodman]

I still think the Govt will 'ensure' COE prices will be low just before the next GE.

 

So next year and 2016 will see low COE prices. Hopefully.

 

 

What would you consider as "low"?

[Wt_know]

no worry by 2016 coe $20k because ... you know

 

panic biding in the next 3 months.

a lof of folks thought have 40% more coe but less coe instead.

$100k coe coming again.

 

Edited August 6, 2014 by Wt_know

[Enye]

COE prices down bears come out to play

 

COE prices up bulls' turn now

 

 

 

[Quantum]

it is a mistake back then and I don't think the authority will let it happen again

believed authority had fired the scholar who made the mistake, so it will not happen again,

but how to atone his mistake is quite challenge

 

 

What would you consider as "low"?

<70k

govt won