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COE Bidding – 1st Round of July 2016


Carbon82
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Hypersonic

Cat A - 54k

Cat B - 56k

 

Cos Wed holiday!!

How we wish everyday is holiday. Cheers!
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Turbocharged

It's about time to drop slightly....

 

.my prediction....

 

Cat-A, $54k

Cat-B, $55k

Cat-E, $56k

 

[:p]

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Looks like this time round prices may ease abit, reasons being

 

1) increase in parking charges

2) clearing of backlog has eased somewhat

3) car share companies hold their shots

 

I think...

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Looks like this time round prices may ease abit, reasons being

 

1) increase in parking charges

2) clearing of backlog has eased somewhat

3) car share companies hold their shots

 

I think...

Agreed to pt 2 and 3 but as for point 1.... even cp charges increase to another 200%, demand is still the same... we kpkb today, tml wake up go showroom....
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Turbocharged

Lol... I thought school started already?... seems like some still around.... Maybe school just started and no homework

.. too free....

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(edited)

My analysis

 

1). The shock of the lifting of loan restrictions should have worn off so coe should go down.

 

2). There is a lot of backlog still pending so coe should not be down by too much, if not up.

 

3). In the aftermath of brexit, the stocks plunged but it seems to have returned to normal so maybe the effects of brexit on car purchases are not there now.

 

4). The increase in parking should be a non issue. At most it reduce usage but not the desire to own one.

 

Overall, I will tikam and say it should remain +/- 2k

 

Two cents worth of analysis.

Edited by Philipkee
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Turbocharged

Lol... I thought school started already?... seems like some still around.... Maybe school just started and no homework

.. too free....

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Turbocharged

My analysis

 

1). The shock of the lifting of loan restrictions should have worn off so coe should go down.

 

2). There is a lot of backlog still pending so coe should not be down by too much, if not up.

 

3). In the aftermath of brexit, the stocks plunged but it seems to have returned to normal so maybe the effects of brexit on car purchases are not there now.

 

4). The increase in parking should be a non issue. At most it reduce usage but not the desire to own one.

 

Overall, I will tikam and say it should remain +/- 2k

 

Two cents worth of analysis.

No need analyse so much, only 1 point. Singaporean buy car no logic one, it's not the price of the car, but rather how much installment they can pay to "own" the car :D

 

So only up n up :D

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No need analyse so much, only 1 point. Singaporean buy car no logic one, it's not the price of the car, but rather how much installment they can pay to "own" the car :D

 

So only up n up :D

Last time people take 10 year loan, but when loan just paid up, car ready to scrap, or renew COE :D

They will never get to really OWN a car that way ...

 

Same with those taking 40-50 year housing loans.

When fully paid, time to return passport to their maker ! :D

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Honestly: in little Singapore. We really don't own anything. The asset story - such as asset rich cash poor are gimmicky. Even RIP graves will make way for development. Many graves are forgotten and unclaimed.

 

Hdb is lease from hdb. Pte with 99 yrs is also land lease. Cars also short term. So Singapore is truly a city of transient. We can all forget about legacy - inheritance.

 

What's more - we don't live forever too. Passport and IC as you rightfully said it will be "returned". Monies not inherited by anyone becomes "public". Everything is an illusion.

 

the system is slavery - we are made to slave for those in higher order, like it or not. so enjoy the drive, lease as many cars while you can afford. Pay upfront 100%, take loan and pay interests = your car End of life is 10 years regardless. It's a matter of paying upfront or loan. So buy your desired car now!

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