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COE bidding 18 May 2016

hamster123

By hamster123,
in General Car Discussion

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Carstar

Carstar

1st Gear

No you all got it wrong. Not lease from uber is buying a new car with uber. You all can go check it out. That's why I say they won't stop bidding for coe. They are creating more demands for cars. Cause lot of people don't have the money for downpayment for a new car but now they can buy it with uber

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Char

Char

5th Gear
(edited)

Wait for uber to finish their bidding lo. If you can wait. How many coe did they say they wanted to bid?

Last month they say first batch 1800 and target 10000 ?

Coe won't drop much one, quite alot of people buying new cars with uber le, 2 of my cousins bought with them also. Cause can get high loan and somemore it's reg to drive as uber driver liao. Like that uber can control the coe a bit.

Can explain more detail that how is Ubor sell new car to buyer ? Edited by Char
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MQX87511

MQX87511

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(edited)

Last month they say first batch 1800 and target 10000 ?

OMG!  digest 10k at least take 2 years, once bloody Uber finish their fleet, COE tsunami also finish liao, :a-aggressive:

Uber majorly fight in CAT A or B?

Edited by MQX87511
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Char

Char

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OMG! 10k at least take 2 years, once bloody Uber finish their fleet, COE tsunami also finish liao, :a-aggressive:

Uber majorly fight in CAT A or B?

I am no very sure and better for you go to find out .

OMG! 10k at least take 2 years, once bloody Uber finish their fleet, COE tsunami also finish liao, :a-aggressive:

Uber majorly fight in CAT A or B?

I am no very sure and better for you go to find out .

http://www.driveuber.sg/buyz10/

 

2 of my cousins bought thru uber.

What about latest secure under Lion Rental is for renting ?
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Check13

Check13

3rd Gear
(edited)

I think uber wanna get as many coe as possible when quota is high. so they make first mover advantage. makes biz sense.

for a person looking at getting new car but can't afford 50%, they may go uber who can give 80% and what for get old car now when depreciation bloody hell is same as new car?

like it or not, uber's presence definitely will create demand and with that an upward pressure on Coe prices.

question is, u go in now or wait for dust to settle which by that time, high quota period may be over. and not to forget, by then, there will be those itchy backside ones who already clear their 5 year loan and those who took high previously and already clear them too that will start to come in too.

Edited by Check13
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bronzy

bronzy

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(edited)

Last month they say first batch 1800 and target 10000 ?

 

Can share the article?

I think uber wanna get as many coe as possible when quota is high. so they make first mover advantage. makes biz sense.

for a person looking at getting new car but can't afford 50%, they may go uber who can give 80% and what for get old car now when depreciation bloody hell is same as new car?

like it or not, uber's presence definitely will create demand and with that an upward pressure on Coe prices.

question is, u go in now or wait for dust to settle which by that time, high quota period may be over.

 

Depends on Uber and Grab's current fleet size and their targeted fleet size? Anyone has these numbers?

Edited by bronzy
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Nav14

Nav14

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OMG!  digest 10k at least take 2 years, once bloody Uber finish their fleet, COE tsunami also finish liao, :a-aggressive:

Uber majorly fight in CAT A or B?

800 bids every round, one month 1600, so total 6 months to fulfil. Best time for COE to crash will be Nov/Dec 16 if all play out accordingly.

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Carstar

Carstar

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I belive uber not only targeting 10k new car. I think 30k or more. Because uber and those pte hire car have about 30k rental car on hand now. Which most of its car left about 1year which they gonna scrap it soon and whack the new car market. So I belive thier target is about 30k new car in this 2 years.

 

So for those hoping for a big drop. Wait on. And don't even think of our govt will do anything about them. It will never happen.

20% down has been ard sometime already. Not just from uber.

Yes some pi do offer 20% downpayment but the interest from them is scary high. And if they know u are desperate for a car they will jack up the car price.
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Char

Char

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Can share the article?

 

 

Depends on Uber and Grab's current fleet size and their targeted fleet size? Anyone has these numbers?

I am not very sure but remember got read from somewhere last month .
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Heng

Heng

1st Gear

You should have booked with Borneo.

I booked my Camry on Saturday and got my COE today (1st bid) and will have the car in June.

The loan either 1 or 3 year.

 

I don't think many AD will do this, so this is the reason why I chose Borneo again.

With the offered price, Borneo made about 10K in total, unlike many other ADs who make big profit on both the car and COE.

Agreed with you.  Nissan cars are way overpriced now.

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bronzy

bronzy

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(edited)

Agreed with you. Nissan cars are way overpriced now.

yup an entry level slyphy cost similar to an altis? Edited by bronzy
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Wyfitms

Wyfitms

Twincharged

so what new cars are sold by uber? only PI cars?

 

If so, then it is just limited models

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