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2015 Jun, 1st COE Bidding Exercise


yo2020
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(edited)

people think ARF raise to 140% & 180% for omv > $20k ... coe will plunge

people think 50% DP + 5 years loan ... coe will plunge

people think 130bhp Cat A ... coe will plunge

people think quota increase ... coe will plunge

now people think CEVS removed by Jul ... coe will plunge

 

what's next?

Edited by Wt_know
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The total no of bid for cat A today was 1900, this is also the number of COE projected by yoyo for the next Q. If supply = demand, COE = $1.

Heard from an agent that today's bid was not reflective....apparently got system hang towards the last and some bids did not go in. Do not know true or not.

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Turbocharged

Heard from an agent that today's bid was not reflective....apparently got system hang towards the last and some bids did not go in. Do not know true or not.

Wow... If all bid went thru, all Coe goes up hor..those who got it today should ask for a higher paper value from lta... Hehhe..

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Consider that most people who tried to avoid the loss of $2500 to CEVS were targeting Cat B cars, I see this drop or flat is a good sign. They have push up the price by $10K just to save $2.5K. Well done. After this crazy people is done, we can now lookout for a brighter future.

 

COE had maintained for around $60K(CAT A) and $70K(CAT B) for the last 3 years. Whenever there is a tsunami of COE coming, there will also be a tsunami of buyers coming. This had been keep repeating and repeating and this group of 'crazy people' had resign to the fact that the COE will mostly maintain at this price and hence they decided that it is time to enter as there is no point waiting. This group of 'crazy people' come in group of at least 5000 every month and will continue for the months to come until COE really drop(Not sure when). For info, I am one of those 'crazy people'.

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Notice in quite a few topics, we are advising people to wait till July to buy their car. Could it be people are actually following our advice and hence we see demand become lesser. Also another thing to note is that those who are buying cars that have no changes or in fact have better CEVS rebate after July will also be waiting for July to enter the market.

 

I won't be surpise if the demand shot up again in July when those people enter the market in July.

 

 

We would like to think that our influence is that great. But nah.. I doubt it.

Barely more than 5% of the population would know about websites like this.

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Hypersonic

Notice in quite a few topics, we are advising people to wait till July to buy their car. Could it be people are actually following our advice and hence we see demand become lesser. Also another thing to note is that those who are buying cars that have no changes or in fact have better CEVS rebate after July will also be waiting for July to enter the market.

 

I won't be surpise if the demand shot up again in July when those people enter the market in July.

 

No need to wait cause nobody can guarantee coe will drop or increase when the time comes?! My neighbour just renewed 5 years coe on his car recently which due to scrap this month.

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COE had maintained for around $60K(CAT A) and $70K(CAT B) for the last 3 years. Whenever there is a tsunami of COE coming, there will also be a tsunami of buyers coming. This had been keep repeating and repeating and this group of 'crazy people' had resign to the fact that the COE will mostly maintain at this price and hence they decided that it is time to enter as there is no point waiting. This group of 'crazy people' come in group of at least 5000 every month and will continue for the months to come until COE really drop(Not sure when). For info, I am one of those 'crazy people'.

 

haha....this group is not crazy lah. I am one of those who car just expired, currently driving an interim one to buy some time. The crazy ones are those who buy in the name of CEVS saving.

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Turbocharged

people think ARF raise to 140% & 180% for omv > $20k ... coe will plunge

people think 50% DP + 5 years loan ... coe will plunge

people think 130bhp Cat A ... coe will plunge

people think quota increase ... coe will plunge

now people think CEVS removed by Jul ... coe will plunge

 

what's next?

 

Election coming..................coe will plunge

SG50.....................coe will be offered at $50 each to people who turns 50

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people think ARF raise to 140% & 180% for omv > $20k ... coe will plunge

people think 50% DP + 5 years loan ... coe will plunge

people think 130bhp Cat A ... coe will plunge

people think quota increase ... coe will plunge

now people think CEVS removed by Jul ... coe will plunge

 

what's next?

u start sounding like another person... [rolleyes][lipsrsealed]

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haha....this group is not crazy lah. I am one of those who car just expired, currently driving an interim one to buy some time. The crazy ones are those who buy in the name of CEVS saving.

 

remember its a WANT not a need to own a car in singapore.... [laugh]

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COE had maintained for around $60K(CAT A) and $70K(CAT B) for the last 3 years. Whenever there is a tsunami of COE coming, there will also be a tsunami of buyers coming. This had been keep repeating and repeating and this group of 'crazy people' had resign to the fact that the COE will mostly maintain at this price and hence they decided that it is time to enter as there is no point waiting. This group of 'crazy people' come in group of at least 5000 every month and will continue for the months to come until COE really drop(Not sure when). For info, I am one of those 'crazy people'.

 

yeap, confirmed crazy rich people... [;)]

 

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COE had maintained for around $60K(CAT A) and $70K(CAT B) for the last 3 years. Whenever there is a tsunami of COE coming, there will also be a tsunami of buyers coming. This had been keep repeating and repeating and this group of 'crazy people' had resign to the fact that the COE will mostly maintain at this price and hence they decided that it is time to enter as there is no point waiting. This group of 'crazy people' come in group of at least 5000 every month and will continue for the months to come until COE really drop(Not sure when). For info, I am one of those 'crazy people'.

Actually this forum is full of such people lah.

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excellent chart

i expected (and was hoping) Cat A to rise but haiz...

luckily it only drop by a bit

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Will we see ocs???

 

Think we will see OCS soon... when Cat A+Cat B quota combine exceeds 2,500 per bid...... around year end.... just nice after the GE...

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must buy before GE .... that's Great Singapore Sale?

 

Think we will see OCS soon... when Cat A+Cat B quota combine exceeds 2,500 per bid...... around year end.... just nice after the GE...

 

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Supercharged

ame="Coltplussport" post="5504679" timestamp="1433405458"]

 

 

 

How much it costs them per bid? $2each time for unlimited no. S? Or $2 per user ic per bid

 

Every revision cost money one. So you bid at $1 then increase by 10$ until 99 $, you pay 9x. I cant remember how much per bid revision, used to be $10 iirc.

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people think ARF raise to 140% & 180% for omv > $20k ... coe will plunge

people think 50% DP + 5 years loan ... coe will plunge

people think 130bhp Cat A ... coe will plunge

people think quota increase ... coe will plunge

now people think CEVS removed by Jul ... coe will plunge

 

what's next?

 

Not people think lah ... the scholars in LTA are the one thinking and giving themselves a pat on their shoulder on the great job that they are doing.

 

Really a smack in the face with their co_ks .... so many changes and yet COE still high.

 

OK OK i am wrong, it was 90k plus and now down to 70k plus

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