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COE Bidding – 2nd Round of July 2016

Carbon82

By Carbon82,
in General Car Discussion

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RadX

RadX

Moderator

I hope coe drop to $1....

ha ha ha...

 

wtf am i doing?

ha ha ha

U dun CB haaaaaa
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Pocy

Pocy

Hypersonic

I hope coe drop to $1....

ha ha ha...

 

wtf am i doing?

ha ha ha

$1 can only buy one
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almond78

almond78

1st Gear

LOL.... its calculated risk. Thats why people usually renew something thats worth to renew. Eg, my vios only 6K+ scrap. Thats the max risk exposure I have. If COE going to drop to 30K in Dec like what you said. Im more than happy to give this 6K+ to Gov and buy a new car. Afterall, I already saved more than 20K from the COE drop (current Cat A COE of 52K - 30K)... simple math i think?

My personal thought is if COE dropped by 20k, will car price also drop 20k? Maybe 10-15k the most..

After deducting scrap value... Diff less than 10k over 10yrs. Plus wear and tear, servicing..

 

Assuming you getting back a B&B car such as Toyota axio, at appx 90k, dep is actually about 8k per year. About 2k more than driving an older car while facing potential car defects.

 

Unless COE could drop to only 10k then probably there is real savings. But will that day come?

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Fruit-tart

Fruit-tart

3rd Gear

 

 

Nothing wrong with that, I dont undestand why there are plp who is not happy with others waiting for COE to drop, its individual choice. Perhaps they have secured their COE so not happy to hear people say COE will drop [shakehead] [shakehead] [shakehead] ?  For me, even I have got my COE, I still wish to see COE drop below 10K, if possible, $1 would be the best.... well, who doesnt like to change car every 3~5 yrs?

yeah. exactly... thanks.. i agree. some people probably either not happy that coe will drop , cause they cannot wait or they have secured their coe at higher price, so see people buy coe lower price and cheaper, not happy.. or either way, they are actually salesman and want faster earn commission, so ask people faster buy buy buy...

 

 

but who cares? i think coe will drop, meaning i am willing to wait. eventhough people not happy, cant do anything about it. i am not the only one waiting for coe to drop anyway.. tons of people are waiting at the sideline for coe drop, and believe will drop. since we r willing to wait, why not? hahaha thanks. [laugh] 

 

 

so this round coe bidding.. i am still hopeful... coe for cat a b e, will drop to below 10k..wahahaha..of course, $1 or $2 will be the best(as u have mentioned)... and i am hopeful for that as well... [bounce2] 

My personal thought is if COE dropped by 20k, will car price also drop 20k? Maybe 10-15k the most..

After deducting scrap value... Diff less than 10k over 10yrs. Plus wear and tear, servicing..

 

Assuming you getting back a B&B car such as Toyota axio, at appx 90k, dep is actually about 8k per year. About 2k more than driving an older car while facing potential car defects.

 

Unless COE could drop to only 10k then probably there is real savings. But will that day come?

hahah. will that day come? i am hopeful for that, and think coe will drop below 10k soon... hopefully.. back in the 2008 times.. hehe..  [laugh]  

My personal thought is if COE dropped by 20k, will car price also drop 20k? Maybe 10-15k the most..

After deducting scrap value... Diff less than 10k over 10yrs. Plus wear and tear, servicing..

 

Assuming you getting back a B&B car such as Toyota axio, at appx 90k, dep is actually about 8k per year. About 2k more than driving an older car while facing potential car defects.

 

Unless COE could drop to only 10k then probably there is real savings. But will that day come?

hahah. will that day come? i am hopeful for that, and think coe will drop below 10k soon... hopefully.. back in the 2008 times.. hehe.

My personal thought is if COE dropped by 20k, will car price also drop 20k? Maybe 10-15k the most..

After deducting scrap value... Diff less than 10k over 10yrs. Plus wear and tear, servicing..

 

Assuming you getting back a B&B car such as Toyota axio, at appx 90k, dep is actually about 8k per year. About 2k more than driving an older car while facing potential car defects.

 

Unless COE could drop to only 10k then probably there is real savings. But will that day come?

hahah. will that day come? i am hopeful for that, and think coe will drop below 10k soon... hopefully.. back in the 2008 times.. hehe.

I hope coe drop to $1....

ha ha ha...

 

wtf am i doing?

ha ha ha

hahahaha... ok. join in the fun ahh..ahhaha ok

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Dumb

Dumb

4th Gear
(edited)

yeah. exactly... thanks.. i agree. some people probably either not happy that coe will drop , cause they cannot wait or they have secured their coe at higher price, so see people buy coe lower price and cheaper, not happy.. or either way, they are actually salesman and want faster earn commission, so ask people faster buy buy buy...

 

 

but who cares? i think coe will drop, meaning i am willing to wait. eventhough people not happy, cant do anything about it. i am not the only one waiting for coe to drop anyway.. tons of people are waiting at the sideline for coe drop, and believe will drop. since we r willing to wait, why not? hahaha thanks. [laugh] 

 

 

so this round coe bidding.. i am still hopeful... coe for cat a b e, will drop to below 10k..wahahaha..of course, $1 or $2 will be the best(as u have mentioned)... and i am hopeful for that as well... [bounce2] 

hahah. will that day come? i am hopeful for that, and think coe will drop below 10k soon... hopefully.. back in the 2008 times.. hehe..  [laugh]  

hahah. will that day come? i am hopeful for that, and think coe will drop below 10k soon... hopefully.. back in the 2008 times.. hehe.

hahah. will that day come? i am hopeful for that, and think coe will drop below 10k soon... hopefully.. back in the 2008 times.. hehe.

hahahaha... ok. join in the fun ahh..ahhaha ok

 

No use hoping. Make a bid at every intervals and then hope for the best.  If you wait for 10k and if really comes, the showrooms will be flooded and the next bid and after would go up.  For me 20k coe would be good enough and I will go for guaranteed bid.

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alexndrtz

alexndrtz

1st Gear

This is why you should buy when COE is highest, since conceptually, it will worth more.. Up.. Up..

 

My personal thought is if COE dropped by 20k, will car price also drop 20k? Maybe 10-15k the most..
After deducting scrap value... Diff less than 10k over 10yrs. Plus wear and tear, servicing..

Assuming you getting back a B&B car such as Toyota axio, at appx 90k, dep is actually about 8k per year. About 2k more than driving an older car while facing potential car defects.

Unless COE could drop to only 10k then probably there is real savings. But will that day come?

 

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AltisOwner

AltisOwner

Turbocharged

Always when i see fruit tart i know coe won't be 20k. will go back up. she always jinx it.

 

My prediction for this round may likely to go up by 1K - 2K for all CATs.  The next round will be in the 7th Month and most of them will wish to have their new 4-wheelers to come out before 7th Month :)

 

CAT A - 53,800

CAT B - 58,100

CAT E - 57,000

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alexndrtz

alexndrtz

1st Gear

Let me help those who are still deciding.. Qashqai 1.2 Lite, new variant, cost $112300 from Tan Chong.. 

 

Downpayment: $33690

Loan: 70% with 2.28% interest for 7 years ($78610)

Installment per month: $1085 -- definitely affordable.. 

 

What you get? Good Japanese car, SUV, good looking, very sporty car.. 

 

Come.. Come.. Buy.. Buy.. 

PS: me not affiliated with any sales or AD.. Follow this advise with your own risk.. 

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Mahjong74

Mahjong74

Supercharged

Let me help those who are still deciding.. Qashqai 1.2 Lite, new variant, cost $112300 from Tan Chong.. 

 

Downpayment: $33690

Loan: 70% with 2.28% interest for 7 years ($78610)

Installment per month: $1085 -- definitely affordable.. 

 

What you get? Good Japanese car, SUV, good looking, very sporty car.. 

 

Come.. Come.. Buy.. Buy.. 

PS: me not affiliated with any sales or AD.. Follow this advise with your own risk.. 

 

Installment per month: $1085

 

The monthly installment need to add another $600 for season parking, petrol, road tax, ERP, maintenance etc..........................

 

Many of my younger colleagues in their late 20s and early 30s fall for this, are buying new cars. 

 

This 70% with 2.28% interest for 7 years  is really  :a-noway:  :a-noway:  :a-noway: . 

 

MAS should have stick to 50% with 5 years loan

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Enye

Enye

Hypersonic
(edited)

Let me help those who are still deciding.. Qashqai 1.2 Lite, new variant, cost $112300 from Tan Chong..

 

Downpayment: $33690

Loan: 70% with 2.28% interest for 7 years ($78610)

Installment per month: $1085 -- definitely affordable..

 

What you get? Good Japanese car, SUV, good looking, very sporty car..

 

Come.. Come.. Buy.. Buy..

PS: me not affiliated with any sales or AD.. Follow this advise with your own risk..

very affordable

 

my instalment higher than this

 

 

Edited by Enye
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iphone8

iphone8

4th Gear

Let me help those who are still deciding.. Qashqai 1.2 Lite, new variant, cost $112300 from Tan Chong.. 

 

Downpayment: $33690

Loan: 70% with 2.28% interest for 7 years ($78610)

Installment per month: $1085 -- definitely affordable.. 

 

What you get? Good Japanese car, SUV, good looking, very sporty car.. 

 

Come.. Come.. Buy.. Buy.. 

PS: me not affiliated with any sales or AD.. Follow this advise with your own risk.. 

Affordable?

 

Installment per month: $1085 

Insurance - Around $2000 per year

HDB parking - $110 per month

Office parking - ?

Road Tax -  $508
Petrol - $300 per month
Maintenance - $1000 per year
 
At least required $2000 per month to maintain a car now! 
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alexndrtz

alexndrtz

1st Gear

 

Affordable?

 

Installment per month: $1085 

Insurance - Around $2000 per year

HDB parking - $110 per month

Office parking - ?

Road Tax -  $508
Petrol - $300 per month
Maintenance - $1000 per year
 
At least required $2000 per month to maintain a car now! 

 

 

Yeah.. But before Government "help", we will need at least $2200 per month and $11230 more for downpayment to own same car.. 

very affordable

 

my instalment higher than this

 

 

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