Wildfaye29 Turbocharged January 12, 2016 Share January 12, 2016 yo2020, got min by min update for the jan 2016 bidding progress? ↡ Advertisement Link to post Share on other sites More sharing options...
slayrRK Neutral Newbie January 12, 2016 Share January 12, 2016 Hopefully cny period don't increase. Link to post Share on other sites More sharing options...
yo2020 6th Gear January 12, 2016 Author Share January 12, 2016 yo2020, got min by min update for the jan 2016 bidding progress? u will receive my bill within 3 days!! 9 Link to post Share on other sites More sharing options...
Wildfaye29 Turbocharged January 12, 2016 Share January 12, 2016 u will receive my bill within 3 days!! Link to post Share on other sites More sharing options...
Roh96 6th Gear January 12, 2016 Share January 12, 2016 Steady lah! I hope no one will ask you for breakdown of bid price...aka who bid what price. u will receive my bill within 3 days!! Link to post Share on other sites More sharing options...
Blackyv Turbocharged January 12, 2016 Share January 12, 2016 ok, my prediction for coming bidding until apr ....... +/-$500 Jan 2nd: $48K, Up Feb 1st: $48K, no change Feb 2nd: $47K, slight drop Mar 1st: $46K, slight drop Mar 2nd: $45K, slight drop Apr 1st: $44K, slight drop Apr 2nd: $35K, huge drop 5 Link to post Share on other sites More sharing options...
Spurman Supercharged January 12, 2016 Share January 12, 2016 ok, my prediction for coming bidding until apr ....... +/-$500 Jan 2nd: $48K, Up Feb 1st: $48K, no change Feb 2nd: $47K, slight drop Mar 1st: $46K, slight drop Mar 2nd: $45K, slight drop Apr 1st: $44K, slight drop Apr 2nd: $35K, huge drop Super like. Haha. Cat b same best too Link to post Share on other sites More sharing options...
Winning 1st Gear January 12, 2016 Share January 12, 2016 Coe so expensive yet so many people still buying car.... So many rich people in Singapore Link to post Share on other sites More sharing options...
Chrispie 5th Gear January 12, 2016 Share January 12, 2016 Coe so expensive yet so many people still buying car.... So many rich people in Singapore When price went up slowly.. singaporeans were like the frog that was being boiled with a very low heat. kaopeh when it gets hot.. but somehow got used to it. Now at 45k, many feel it is a steal when for quite a long time it was at 75k region. 3 Link to post Share on other sites More sharing options...
EricChan 5th Gear January 12, 2016 Share January 12, 2016 (edited) Coe so expensive yet so many people still buying car.... So many rich people in Singapore Tons of reasons why ppl buy: some are wants, some of needs, some are mixture of both. When you got double income family, cost is halved so affordability becomes better . Someone here said it well: days of $500k condo are long over and gone. Days of cheap HDB are also long gone and over. So too are days of cheap coe ... probably. You can wait and wait and wait and maybe get lucky. Or maybe wait for another lifetime. It is likely cheaper but who knows what the govt car lite vision means going forward? Edited January 12, 2016 by EricChan 1 Link to post Share on other sites More sharing options...
Vinceng Turbocharged January 12, 2016 Share January 12, 2016 $45K for a Certificate of Extortion (COE) is still expensive. It's just a piece of paper. 1 Link to post Share on other sites More sharing options...
EricChan 5th Gear January 12, 2016 Share January 12, 2016 $45K for a Certificate of Extortion (COE) is still expensive. It's just a piece of paper.It's no longer paper crispie mentioned. It is just data , electrical pulses. Very expensive electrical pulses 1 Link to post Share on other sites More sharing options...
Kusje Supersonic January 12, 2016 Share January 12, 2016 No lah. LTA does not have all the information... Does LTA know that XZY is going to buy tomorrow and not 3 weeks down the road? Or someone will choose to scrap the car and give up driving? That's what a market is for, discovery of prices. Anyway, why does LTA cares about each individual movement of COE. They only care about the gross which is already planned in the budget last April 2015. We will know how accurate their forecast is when we compare the planned revenue versus the collected revenue for COE later this year in April. Surely someone must have done the calculations on COE price that the govt has estimated for the budget? Can share? Link to post Share on other sites More sharing options...
Friendstar Supercharged January 12, 2016 Share January 12, 2016 even if there are savings, i am not sure i would be in the mood to buy such a big expense item unless you keep all the savings in cash like t2, otherwise would need to liquidate investment assets to buy also, isn't it better to invest that cash savings since equities would be cheap then? Would u rather pay 20% less in coe or gain 15% in equities? U get my drift? Link to post Share on other sites More sharing options...
Fruit-tart 3rd Gear January 12, 2016 Share January 12, 2016 $45K for a Certificate of Extortion (COE) is still expensive. It's just a piece of paper.ya lor.. 45k for a coe paper, so expensive.. maybe $4.50, or 45 bucks, or 450 still ok.. but 45k?! No way.. I so unwilling to fork out 45k for a coe paper..lol.... Coe so expensive yet so many people still buying car.... So many rich people in Singapore Not all are in rich category. Most people taking car loans at 3% up, and with effective interest rates of 8% up...wonder how they did that? Some people cannot repay loan, maintanence, petrol, insurance, taxes etc, and forced to sell away the car. Link to post Share on other sites More sharing options...
Showster Twincharged January 12, 2016 Share January 12, 2016 The full cashers waiting to cash in! Can see that some here are so confident that onset of recession won't affect their consumption behaviour even big purchases like carsIron rice bowls or gold mountain backing? Link to post Share on other sites More sharing options...
Mkl22 Supersonic January 12, 2016 Share January 12, 2016 ya lor.. 45k for a coe paper, so expensive.. maybe $4.50, or 45 bucks, or 450 still ok.. but 45k?! No way.. I so unwilling to fork out 45k for a coe paper..lol.... Not all are in rich category. Most people taking car loans at 3% up, and with effective interest rates of 8% up...wonder how they did that? Some people cannot repay loan, maintanence, petrol, insurance, taxes etc, and forced to sell away the car. Well in the first place no one put a gun to their heads to buy a car? Cannot afford means cannot afford. Why struggle so hard just to feed a car. No one is willing to pay more. But the fact is that we do need a quota to limit cars here. There is no other equitable way than to pay for it. Any other way there will be tons of reasons to justify why one needs it more. Link to post Share on other sites More sharing options...
Yeobt Supercharged January 12, 2016 Share January 12, 2016 some say how you die is not important, what you drive is very important. ↡ Advertisement Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
COE Bidding – Jun 2026
COE Bidding – Jun 2026
Exercising and losing weight
Exercising and losing weight
Sell by bidding - BEST price from 500 car dealers in 1 day
Sell by bidding - BEST price from 500 car dealers in 1 day
COE Bidding – Jan 2026
COE Bidding – Jan 2026
Toyota Sienta 2016
Toyota Sienta 2016
2016 Mercedes E-class (W213)
2016 Mercedes E-class (W213)
COE Bidding – October 2025
COE Bidding – October 2025
COE Bidding – July 2025
COE Bidding – July 2025