2016 Jan, 1st COE Bidding Exercise

[Limwsv]

Standard : 96K

Elegance : 103K

 

That's list price?  

 

Before Toyota loyalty discount?  Loan discount?  Whatever discount Toyota wants to give you to induce you to buy the car?

[Runforyourlife]

Altis Standard seems to be the best deal now at $96K if you assume that BM will get COE and deliver the car eventually.

Heck even the feature rich elegance is attractive. Rebate 47k is also quite a good indication of the next Coe bidding

Disparity?

 

Sorry, but 10K differences between Cat A and Cat B sounds right to me, in fact should be more. Why let the rich buy cars with the same base tax (COE) as the poor?

 

The convergence of Cat A with Cat B would be consider a policy failure given the original goals of Cat A.

Right. Cat B should fluctuate around 80-100k while cat A around 40-50k.

 

Oh wait, there's tons of peeps whom can't afford if it's set this way, since most cars fall into cat B.

[Limwsv]

Thanks bro!

 

Do you know where can I get the exact quota quantity? My car due in 1 year time so wanna do some homework.

 

From here....

 

http://www.lta.gov.sg/content/ltaweb/en/publications-and-research.html

 

No one even LTA will know the exact numbers because each owner decide to scrap/renew and how early or late they will do it.  

We all only can guesstimate from cars reaching 10 year old.

 

http://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/M01-03M-Age.pdf

[_h_r_]

That's list price?  

 

Before Toyota loyalty discount?  Loan discount?  Whatever discount Toyota wants to give you to induce you to buy the car?

 

No that is final price after all discounts. Absolutely no further discounts or freebies, not a single cent.

Heck even the feature rich elegance is attractive. Rebate 47k is also quite a good indication of the next Coe bidding

Right. Cat B should fluctuate around 80-100k while cat A around 40-50k.

 

Oh wait, there's tons of peeps whom can't afford if it's set this way, since most cars fall into cat B.

 

For Altis, rebate is at $40K which makes me wonder if buyers will get the car if COE increases.

[Limwsv]

No that is final price after all discounts. Absolutely no further discounts or freebies, not a single cent.

 

For Altis, rebate is at $40K which makes me wonder if buyers will get the car if COE increases.

 

Thanks... 

 

sorry not going to listen to you ...     SHould be able to push SE for some more discount then 

[Runforyourlife]

No that is final price after all discounts. Absolutely no further discounts or freebies, not a single cent.

 

For Altis, rebate is at $40K which makes me wonder if buyers will get the car if COE increases.

 

Confirm cannot get. Honda has a better track record to help owners get their car, their rebate at 47k. Use that to predict coe.

Thanks... 

 

sorry not going to listen to you ...     SHould be able to push SE for some more discount then 

 

Yea target at 103k and ask for solar film, mats, camera at least

[WoeiSongKeh]

That's list price?  

 

Before Toyota loyalty discount?  Loan discount?  Whatever discount Toyota wants to give you to induce you to buy the car?

 

Yap its the final price unless the SE want give you extra from his own ~ 

[Yaloryalor]

From here....

 

http://www.lta.gov.sg/content/ltaweb/en/publications-and-research.html

 

No one even LTA will know the exact numbers because each owner decide to scrap/renew and how early or late they will do it.  

We all only can guesstimate from cars reaching 10 year old.

 

http://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/M01-03M-Age.pdf

 

Ok noted. It basing on number of cars that registered in 10 years + 3 months ago quantity plus the 0.5% increment of COE quality?

[Limwsv]

Ok noted. It basing on number of cars that registered in 10 years + 3 months ago quantity plus the 0.5% increment of COE quality?

 

No.  Number of cars register between now to 10 years ago and being scrapped 3 months ago.

 

Of course, given that most owners had held on for 8 - 10 years, the bulk of scraps are coming from those registered between 8 - 10 years ago.  Less those that have scrapped along the way.  That's why it cannot be precise.  Itchy backside end up selling car for new car now, as many have repeated here.

 

AS some have said here, those sold 8 - 10 years cars has gone to Uber and its ilk, so those will really be used up to their last days.

 

Then there are those 80K - 90K COE and those rich people who change cars every 2 - 3 years, those are also being scrapped.

 

So, you guess is as good as mine how many COEs will be available in the next year.

Edited January 8, 2016 by Limwsv

[Ben5266]

Thanks bro!

 

Do you know where can I get the exact quota quantity? My car due in 1 year time so wanna do some homework.

yo2020 is the authority.

He very chun one.

 

[Roh96]

What is the usual lag time between COE results and revised car price? Sgcarmart still reflecting old pricing.

[evo171]

What is the usual lag time between COE results and revised car price? Sgcarmart still reflecting old pricing.

Think depends on how soon the relevant parties send their updates to sgcarmart bah. MI's pricing has already been updated.

[Kar_lover]

Disparity?  

 

Sorry, but 10K differences between Cat A and Cat B sounds right to me, in fact should be more.  Why let the rich buy cars with the same base tax (COE) as the poor?  

 

The convergence of Cat A with Cat B would be consider a policy failure given the original goals of Cat A.

 

Agree with you that Cat A & Cat B should have at least $10k difference, if not more.

 

But i don't agree it's a policy failure when it is not - it is simply businesses adjusting to market conditions. In this case, the lux brands bringing in models to cater to the "B&B" segment. Nothing wrong with that. They retain their "proper" models for Cat B and bring in entry level for Cat A. In a way this has some benefit to consumers too - consumers aspiring to own a lux brand no longer need to fork out lux-level amounts of money. You could say these are the "ECs" of the car industry?

[Count-Bracula]

Thanks bro!

 

Do you know where can I get the exact quota quantity? My car due in 1 year time so wanna do some homework.

yaloryalor, my car due in one year too.

 

now waiting to pounce . . .

[Blackyv]

Think given the world stock market situation, Cat-A got Zharn but Cat-B I am not so sure.  Seems like the rich are assembling in Singapore and continuing to buy new cat-B cars....dropped $81 nia in last round.  Amazing disparity wrt Cat-A

 

my view on cat-b taking is weak... last round was a 5K drop and yet no spike with cat-b buyer and yet drop slightly this round means even with "large" drop, no increase in buyer.. 

 

same goes for cat-a this round... if,i mean IF next round show just a slight increase (~1K) or even remains the same 45K range after a 9K dropped means buyer dry up already.... that will signal a down spiral ahead....next round is very crucial....

[Yaloryalor]

yaloryalor, my car due in one year too.

 

now waiting to pounce . . .

 

Hi 5!

 

I am keen to see the coe prices during the feb till April period. If the coe quota is also high between May till Jul then ho say liao!

 

The high quota window period need at least 6 months to get low coe prices.

[Forte3737]

my view on cat-b taking is weak... last round was a 5K drop and yet no spike with cat-b buyer and yet drop slightly this round means even with "large" drop, no increase in buyer..

 

same goes for cat-a this round... if,i mean IF next round show just a slight increase (~1K) or even remains the same 45K range after a 9K dropped means buyer dry up already.... that will signal a down spiral ahead....next round is very crucial....

After that, you will say next next round is crucial? always never ending

yaloryalor, my car due in one year too.

 

now waiting to pounce . . .

This weekend is a good time

[Count-Bracula]

After that, you will say next next round is crucial? always never ending

This weekend is a good time

Not so fast bah? Have to do my sum first. CO wants a new car and thinks we can afford but I am in favour of renewing since my Sunny did only 38k mileage in 9 years. Still doing my homework. Arggh?