1st round bidding for COE April 2016

[Alpine6]

and we finally have a breach...

 

CAT A COE Price: S$10,001

CAT B COE Price: S$26,890

[Runforyourlife]

A: 10,006

B: 31,001

 

@Fruit-tart the tribe has spoken, please pack your bags and leave the tribal council area immediately.

 

haven even 3pm.

[Kac]

CAT A @ 13,445

 CAT B @ 33,489

[Alpine6]

and we finally have a breach...

 

CAT A COE Price: S$10,001

CAT B COE Price: S$26,890

 

looks like CAT B is moving quite aggressively, now at S$33,489

[Kac]

Basically, i think tmr's bidding exercise:

 

 

cat A: 10k...

cat B: 13k...

cat E: 13k... 

 

 

 

CAT A 16,119 

CAB B 35,003

 

Fun's over.

[Kennethoka]

shoot up so fast

[Axela72]

Lia lia lia....chiong ah

[Runforyourlife]

shoot up so fast

 

told u liao, the fun is only when the eggs ain't cracked

cat a trying to overtake b :S

35k and 36k ,

 

now no 1 posting liao. so sad.

go buy a van, $1 nia

[Axela72]

Wow both cat at same value now

[Kac]

told u liao, the fun is only when the eggs ain't cracked

cat a trying to overtake b :S

35k and 36k ,

 

now no 1 posting liao. so sad.

go buy a van, $1 nia

Wow, both CAT A and B @ S$36,052

[Runforyourlife]

Wow, both CAT A and B @ S$36,052

 

 

Wow both cat at same value now

 

 

and those naysayers saying there's no price fixing...

 

[Darryn]

First time I see both exactly the same

[Wildfaye29]

Curious.. two questions comes to mind.

What are they intending to do with the winning bids?  Which without they cannot push up the COE price.

And how they manage to rope in hundreds of people to bid, since every bid has to be in the name of an individual... ?

 

the hearsay is that they will put in bids to push up the min successful bid but not to allow it to the be the winning bid

 

the hearsay is use their own names lor, how many family, friends, salesmen, staff

 

as I said, its hearsay, how these dealers manage them is entirely unknown

[Shawnthefarmer]

where do you all see the live scores?

[Kusje]

I hearsay that second hand dealers are putting in many bids to keep the min successful bid price higher (currently 40+k). 

 

This is due to many resale vehicles with high coe are unsold stock and if coe drops as predicted/expected due to influx of coe coming back into the system from the high years, their used cars will lose a lot of money as they purchased them as high prices.

 

I wonder if there is any truth to this.

 

This can only be done for open CAT because other types of COE will require an NRIC number and once you win it, it will be non-transferable.

 

Also, there are so many 2nd hand car dealers and I don't think they will be able to coordinate this. 

[KoreanLover]

where do you all see the live scores?

 

http://www.onemotoring.com.sg/1m/coe/coeDetail.html

[EricChan]

Wah today so fierce already 37k both A and B

[Runforyourlife]

where do you all see the live scores?

 

www.livescore.com