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COE bidding - 1st round of Feb 2017


therock
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at the beginning, most of posts said the coe at high level; and now everyone said it will be below 50k for cat a.

 

I believe they are from different group, SE and buyers?

 

anyway, just watch loh haha ...

Lol. Anyway if up wait next round. Down people rush in. Up or down still LPPL. The buying cycle just reset. I think will be 50+- 4k next few months and there are going to be more new car registered towards end of this year compared to 2016. Edited by Darius
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at the beginning, most of posts said the coe at high level; and now everyone said it will be below 50k for cat a.

 

I believe they are from different group, SE and buyers?

 

anyway, just watch loh haha ...

Good observation:) especially used car SE will be hoping for COE to rise and rise.
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Good observation:) especially used car SE will be hoping for COE to rise and rise.

 

Those just bought hope COE go up so they feel happy buying at lower price, siang ho is COE $100K.

 

Those waiting to buy, will want to talk down the COE so they can buy, siang ho is COE lausia till $10.

 

Whats new leh.  [laugh]  [laugh]  [laugh]

 

Those buy liao, no think think so much, cannot change liao, those not yet buy, dont hope too much that COE will lausia, not going to happen.  [:p]

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Those just bought hope COE go up so they feel happy buying at lower price, siang ho is COE $100K.

 

Those waiting to buy, will want to talk down the COE so they can buy, siang ho is COE lausia till $10.

 

Whats new leh.  [laugh]  [laugh]  [laugh]

 

Those buy liao, no think think so much, cannot change liao, those not yet buy, dont hope too much that COE will lausia, not going to happen.  [:p]

 

 

Agree, take it easy, and spend based on your income is always right.

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I was very enticed by a SE in KM last evening as the rebate level at 48k was quite high, so would enjoy a rebate of 10k  if the 38k COE really happen again this year. According to the SE, almost every year the COE bidding after CNY would yield a dip. Last year was dramatic at 38k for cat B. Lets see if this year would happen again. But I not so hopeful that it would happen haha.

 

Really change my perception regarding KM from my encounter with the SE who attended to me. The guy was very approachable, knowledgeable, accommodating, and helpful, barring abit of scare tactics to get me to sign. Overall very professional. Really very drastic change from my previous experience about 10 years ago. And there is no min loan tenure thus no finance rebate, on top of the low 2.1% interest rate. So not ruling out Honda cars for now.

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Neutral Newbie

I was very enticed by a SE in KM last evening as the rebate level at 48k was quite high, so would enjoy a rebate of 10k  if the 38k COE really happen again this year. According to the SE, almost every year the COE bidding after CNY would yield a dip. Last year was dramatic at 38k for cat B. Lets see if this year would happen again. But I not so hopeful that it would happen haha.

 

Really change my perception regarding KM from my encounter with the SE who attended to me. The guy was very approachable, knowledgeable, accommodating, and helpful, barring abit of scare tactics to get me to sign. Overall very professional. Really very drastic change from my previous experience about 10 years ago. And there is no min loan tenure thus no finance rebate, on top of the low 2.1% interest rate. So not ruling out Honda cars for now.

Hi Bro,

Can PM me the SE from KM who attended to you?

Btw which outlet? Ubi or LK?

 

Cheers!

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at the beginning, most of posts said the coe at high level; and now everyone said it will be below 50k for cat a.

 

I believe they are from different group, SE and buyers?

 

anyway, just watch loh haha ...

ADs must bid carefully as the period immediately after CNY sets the tone for future sales. If COE remains high, I am not sure how they can convince people to commit to buy in the next few months. But if COE drops greatly, as did happen in 2016 after CNY, people will be encouraged to buy as ADs can price their cars lower for next round and increase price slowly as the months go by. Edited by AXS
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ADs must bid carefully as the period immediately after CNY sets the tone for future sales. If COE remains high, I am not sure how they can convince people to commit to buy in the next few months. But if COE drops greatly, as did happen in 2016 after CNY, people will be encouraged to buy as ADs can price their cars lower for next round and increase price slowly as the months go by.

Bro, you sound like you belong to those who hope COE will drop so you can grab one..

You will also find bros who hope it stays up, so they get their cars with higher COEs..

Anyhow, let's hope everyone gets their cars..

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where got so many $1 bidding?

 

simple bid blindly, why ah>? just want to try the luck?

You need to understand how it works, by seeing $1 now does not mean all the existing bids are $1. Dont use the word "blindly" until you understand the COE system. Edited by Ct3833
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