yo2020 6th Gear April 2, 2015 Share April 2, 2015 demand seems high especially for bnb Cat A cars. what is the impact of 3 wks' break?? the est COE quota frm May 2015 was computed in Post #200 in this thread: http://www.mycarforum.com/topic/2696791-monthly-sharing-on-dereg-data-projected-coe-quota ↡ Advertisement 3 Link to post Share on other sites More sharing options...
Steptronic Supercharged April 2, 2015 Share April 2, 2015 Lot of backlog also. Chiong... 1 Link to post Share on other sites More sharing options...
Old-driver 5th Gear April 2, 2015 Share April 2, 2015 Looking at 1 year ago, the quota for Cat A is 367 while there are 537 bids. 170 bids over than quota. And its $77k Now quota is almost 1000 and bids over 2000. there will be 1000 over that won't be successful and yet premium is lower. So what does it tell u? all controlled... decided by AD who bids and not what the consumer decides what price he is willing to pay 4 Link to post Share on other sites More sharing options...
subarudreamer 2nd Gear April 2, 2015 Share April 2, 2015 i think coe will stay about the same. those cny non guaranteed coes will not be bidding the coes higher. more crucial will be de-registration numbers which will affect the quota from may to jul. if that number falls short, then that could trigger panic buying. 3 Link to post Share on other sites More sharing options...
ST69 4th Gear April 2, 2015 Share April 2, 2015 Looking at 1 year ago, the quota for Cat A is 367 while there are 537 bids. 170 bids over than quota. And its $77k Now quota is almost 1000 and bids over 2000. there will be 1000 over that won't be successful and yet premium is lower. So what does it tell u? all controlled... decided by AD who bids and not what the consumer decides what price he is willing to pay Well, more COEs because more cars are scrapped and those who have scrapped also wants to buy replacement. LPPL. No nett gain unless people give up driving, or there's increase in supply (which is only 0.25%). 4 Link to post Share on other sites More sharing options...
AthlicSky 2nd Gear April 2, 2015 Share April 2, 2015 Once crowd rushing for CEVS gone + quota increase, hopefully we will see decrease in COE price. Hoping to see 2k quota per bid for Cat A again. July should give us a clearer picture on direction of COE. 5 Link to post Share on other sites More sharing options...
13177 Supersonic April 2, 2015 Share April 2, 2015 Wonder how much will it affect the car price once the CEVS take effect? 2 Link to post Share on other sites More sharing options...
AthlicSky 2nd Gear April 2, 2015 Share April 2, 2015 Well, more COEs because more cars are scrapped and those who have scrapped also wants to buy replacement. LPPL. No nett gain unless people give up driving, or there's increase in supply (which is only 0.25%). Affordability is also one of the variable here. In equilibrium, Potential new car owner who can afford/willing to buy + existing car owner who can afford/willing to buy = existing car owner who cant afford/not willing to buy/doesn't need a car anymore which side of the equation will be higher? Link to post Share on other sites More sharing options...
Quantum 5th Gear April 2, 2015 Share April 2, 2015 demand seems high especially for bnb Cat A cars. what is the impact of 3 wks' break?? the est COE quota frm May 2015 was computed in Post #200 in this thread: http://www.mycarforum.com/topic/2696791-monthly-sharing-on-dereg-data-projected-coe-quota I predict all CATs drop, because everyone thinking 3 weeks break plus new CESV going to implement, definitely COE will be up, scare to plunge in, then we just reverse thinking, jump in can get low COE 2 Link to post Share on other sites More sharing options...
Mkl22 Twincharged April 2, 2015 Share April 2, 2015 Looking at 1 year ago, the quota for Cat A is 367 while there are 537 bids. 170 bids over than quota. And its $77k Now quota is almost 1000 and bids over 2000. there will be 1000 over that won't be successful and yet premium is lower. So what does it tell u? all controlled... decided by AD who bids and not what the consumer decides what price he is willing to pay You do decide what price you are willing to pay by signing on the deal. If an altis is 150k will you buy? In the end it is still the consumer setting the price. If no one buys at 150k, then prices will come down to match demand. No one put a gun to your head to force you to buy. Willing seller willing buyer. 1 Link to post Share on other sites More sharing options...
yo2020 6th Gear April 2, 2015 Author Share April 2, 2015 Well, more COEs because more cars are scrapped and those who have scrapped also wants to buy replacement. LPPL. No nett gain unless people give up driving, or there's increase in supply (which is only 0.25%). fortunately for car buyers, 10% dereg frm Cat C & D will contribute to Open Cat (which is mainly used for cars). this will alleviate the pain. 3 Link to post Share on other sites More sharing options...
ST69 4th Gear April 2, 2015 Share April 2, 2015 fortunately for car buyers, 10% dereg frm Cat C & D will contribute to Open Cat (which is mainly used for cars). this will alleviate the pain. Oh...if so, then that will alleviate Cat B...wld be interesting if cat B falls below A... Link to post Share on other sites More sharing options...
naturecaller 3rd Gear April 2, 2015 Share April 2, 2015 COE prices to go up up and away! 1 Link to post Share on other sites More sharing options...
Tigershark1976 Turbocharged April 2, 2015 Share April 2, 2015 (edited) My prediction. COE should be increase/ remain this time round due to the new CEVS scam scheme. Plus those SF plater owner, who have stronger buying power compare to those SG & SJ platter owner, will most likely renew their COE, or buy new car (B&B car was around 60K to 90K in 2005). Edited April 2, 2015 by Tigershark1976 3 Link to post Share on other sites More sharing options...
13177 Supersonic April 2, 2015 Share April 2, 2015 My prediction. COE should be increase/ remain this time round due to the new CEVS scam scheme. Plus those SF plater owner, who have stronger buying power compare to those SG & SJ platter owner, will most likely renew their COE, or buy new car (B&B car was around 60K to 90K in 2005). Back in 2005 when you have 60k you can buy quite a decent sedan car, fast forward to 2015 when 60K only buy a piece of coe paper!? Lol. Guess all those car owners whose car due this year, can have 3 options lah. Either renew coe, buy used car or new car. Link to post Share on other sites More sharing options...
Ticklish8 3rd Gear April 2, 2015 Share April 2, 2015 Like I said in the other thread, there is still large outstanding booking since after CNY. So I won't forsee there is much changes in COE prices. When I collect my new car today, notice most of the buyers are mature adults. IE in 40s n 50s, working adult n professional who most probably hv sufficient savings to purchase new car. So most probably there are current owners replacing their current ride. Talk to my SE and he told majority of his buyers are so call replacement buyer. Ie getting new ride to displace their old ride. Another group he notice are young professionals/ young working adult. These groups sometimes get help from their parents for deposit for new car... 3 Link to post Share on other sites More sharing options...
Blackyv Turbocharged April 2, 2015 Share April 2, 2015 Guess all those car owners whose car due this year, can have 3 options lah. Either renew coe, buy used car or new car. Wah . .. You damn solid... Why i didn't thought of those 3 options....lol.. 3 Link to post Share on other sites More sharing options...
Aukang 6th Gear April 2, 2015 Share April 2, 2015 Wah . .. You damn solid... Why i didn't thought of those 3 options....lol.. There is one more option....but maybe much less popular......scrap car and take public transport. I for one will not be able to give up the car.... ↡ Advertisement 1 Link to post Share on other sites More sharing options...
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