2016 May, 1st COE Bidding Exercise

[helloeveryone]

Again, I would like to stress, many people buy cars for different reasons. No right or wrong. Just because one buyer feels the need to drive the car for 10 years doesn't mean everyone need to do the same. There's no point forcing this sort of mindset or any other form on others just to prove a point or get people to align to your side.

 

When forcing a particular mindset onto others and name calling are involved, I find it downright childish and uncalled for.

 

So far, as mentioned by Axela72, the name calling has been from one direction only

Well said!

[Char]

Simi si ss?

Smart spider .

[Axela72]

At least he is gracious enough to call the other group as smart spider. If the other group is gracious enough, they should called the other group as RS (rich spider) instead of kjs

 

Smart spider .

 

Edited May 1, 2016 by Axela72

[tmsan]

Be prepared to standby for a longer period bro.. Always better to be prudent..

I was trying to look out for those left with 6mth to 1yr car, so now seems like can cast wider net to look for 07 or later

[Audi2016]

Oh yes, I forgot, mcf is full cash club. But really, how many can full cash? Not that is a problem to take loan, but to go to the extend to see omv below 20k prefer to qualify for 50% loan is abit extreme.

 

To me, that cannot be classified as can afford...

 

Have just nett nett $100k to full cash for a brand new KR/JP B&B car.

 

Have $1m cash lying around, take out $100K to full cash for the same car.

 

Both also full cash le.

 

MCF has more of the 2nd group. The first group will still be looked down upon on!!!

[Blackyv]

There are many type of people around, rich or poor doesn't means they always make decisions we can understand...

 

Example, my boss drive Volvo s80, last year, his car battery flat.. Although he sign up with AAS, he knows their battery damn expensive and unless necessary, he won't call them for support.. He use my power bank to start up and drive to workshop and change..

 

Then another colleague, just a supervisor, drive altis.. also battery flat at company carpark.. He call AAS, they came and that technician actually said' I can start up for you and you drive to your workshop and change'.. But this supervisor damn satki, said no need, you change for me and he paid $250+ for a battery which cost $140...

 

So, rich or poor or what kind of decision is really individual and we should respect that... So, no point arguing about kcs or kiasi or whatever... It's not our money and problem actually .. Hehehhe....

[white_black]

Why do everyone thinks that those extra coe are spare one? Not as if people scrap thier car already then not buying.

People hear the headline number of COE quota supply and instinctively link higher supply with lower prices.

 

People forget that the total car population remain flat with supply coming from scrap rate plus 0.25% annual growth rate. More COEs available is not equal to over supply, but is actually flat or constant level of total vehicle population. However, the fact is that our country's population continues to grow and incomes continue to rise.

 

Get real. Be careful what you wish for...

[BenTong]

There are many type of people around, rich or poor doesn't means they always make decisions we can understand...

 

Example, my boss drive Volvo s80, last year, his car battery flat.. Although he sign up with AAS, he knows their battery damn expensive and unless necessary, he won't call them for support.. He use my power bank to start up and drive to workshop and change..

 

Then another colleague, just a supervisor, drive altis.. also battery flat at company carpark.. He call AAS, they came and that technician actually said' I can start up for you and you drive to your workshop and change'.. But this supervisor damn satki, said no need, you change for me and he paid $250+ for a battery which cost $140...

 

So, rich or poor or what kind of decision is really individual and we should respect that... So, no point arguing about kcs or kiasi or whatever... It's not our money and problem actually .. Hehehhe....

Agree bro.. These name calling folks are always right about themselves and believe everything they say.. Edited May 1, 2016 by BenTong

[Char]

Here got some already bought will only say COE will go up and those haven't buy one will only say COE will come down .

[Audi2016]

Here got some already bought will only say COE will go up and those haven't buy one will only say COE will come down .

 

I buy liao but I am neutral towards COE. Go up doesn't make me happy. But if come down not bad, later can change again haha

[Char]

I buy liao but I am neutral towards COE. Go up doesn't make me happy. But if come down not bad, later can change again haha

You are just few one good bro here ...

[Axela72]

Here got some already bought will only say COE will go up and those haven't buy one will only say COE will come down .

What is the rational buy already want coe to go up? So that he can sell later to made profit? Typically buy already also hope that it will drop someday so that can change car again :)

 

The only possiblity for group to hope coe to raise to made profit are those that has bought car with cheap coe.

Edited May 1, 2016 by Axela72

[Audi2016]

You are just few one good bro here ...

 

Actually I don't mind COE drop for people to change their cars.

 

But I thought the false hope / security that comes along with cheap cars in the long run isn't good. 

[Char]

In normal market condition when increase of supply equal to decrease of price , all these apply to properties , durable goods , perishable goods and off course COEs . All these pirate hire companies are unexpected move and also artificial inflated the COE prices .

[Char]

We must be neutral in COE and say the fact only and don't act smart like you can see the future .

[orion2006]

I agree, some of us bought already when COE was higher.

But don't really mind if it drops.

 

We still have friends and families with cars due within the year.

 

So I actually hope COE drops so they can get their ride replacements easily.

 

A couple of my friends really need car to ferry around their small kids. Already scrapped old car and bought another 8 - 9 year car to tahan.

 

 

Actually I don't mind COE drop for people to change their cars.

 

But I thought the false hope / security that comes along with cheap cars in the long run isn't good.

[Tinytok]

When one buy a old car tahan for 1 or 2 years, i think it will just contribute to the kjs syndrome few months down the road and would just have wasted the depreciation on old car rather than using it foe the new one. 2nd car depreciation today is as good as new car not like 4 yrs back that getting a 5 yrs old car, the depreciation is at min 35% discount to new.

[Char]

Make sense to buy new car as deprecation is too high ... However , not everyone have the same financial back ground .