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Carbon82

COE Bidding – 2nd Round of May 2018

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[flowerface]Community Service Time [flowerface]

 

Looking at the revenue from the last bidding exercise, the $136 mil collected is the lowest since Feb 2015, and even if we assume that there is an additional $20 mil collected from VES every month, the total figure is still >20% lesser than the average COE revenue collected (per bidding) in 2016 & 2017. Sustainable? :wacko:  [lipsrsealed]

 

[sunny] Good Luck to all vested! [sunny]

 

2001 - 2003

28s81uf.png

 

2004 - 2006

34zd8uq.png

 

2007 - 2009

29qh6hd.png

 

2010 - 2012

2llo7c3.png

 

2013 - 2015

e8vdqg.png

 

2016 - 2018

2w6f79w.png

 

 

The details of the May 2018 second open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Monday, 21 May 2018, 12 noon

Tender closes: Wednesday, 23 May 2018, 4.00 pm

Tender results: Wednesday, 23 May 2018 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 4,189 for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,434

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,283

Category D: Motorcycles => 529

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 385

Category E: Open Category => 558

 

During the bidding exercise, bidders can check on the status of their bids and revise their reserve price using these banks’ services or the LTA Open Bidding website (https://ocoe.lta.gov.sg).

 

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Hypersonic

Cat A and Cat B will still be < $40k.

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Supersonic

[flowerface]Community Service Time [flowerface]

 

Looking at the revenue from the last bidding exercise, the $136 mil collected is the lowest since Feb 2015, and even if we assume that there is an additional $20 mil collected from VES every month, the total figure is still >20% lesser than the average COE revenue collected (per bidding) in 2016 & 2017. Sustainable? :wacko:[lipsrsealed]

 

[sunny]Good Luck to all vested! [sunny]

 

2001 - 2003

28s81uf.png

 

2004 - 2006

34zd8uq.png

 

2007 - 2009

29qh6hd.png

 

2010 - 2012

2llo7c3.png

 

2013 - 2015

e8vdqg.png

 

2016 - 2018

2w6f79w.png

 

 

The details of the May 2018 second open bidding exercise for Certificates of Entitlement (COEs) are as follows:

 

Tender opens: Monday, 21 May 2018, 12 noon

Tender closes: Wednesday, 23 May 2018, 4.00 pm

Tender results: Wednesday, 23 May 2018 (Available on the www.onemotoring.com.sg website)

 

The total quota available for this tender is 4,189 for the following vehicle categories:

 

NON-TRANSFERABLE CATEGORIES:

Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,434

Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,283

Category D: Motorcycles => 529

 

TRANSFERABLE CATEGORIES:

Category C: Goods Vehicles and Buses => 385

Category E: Open Category => 558

 

During the bidding exercise, bidders can check on the status of their bids and revise their reserve price using these banksâ services or the LTA Open Bidding website (https://ocoe.lta.gov.sg).

Of course not sustainable. Issue more COEs!

And stop increasing GST on the people.

 

 

This round you open the thread really early.

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Turbocharged

Can TS also include the PQP (prevailing quota premium) too? Thanks.

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Turbocharged

I think more or less the same. no excitement to spur and those who need and have budget will still buy.

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2nd Gear

Probably won't change much from previous round: +/-1K.

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5th Gear

This round is the last round for VES2.0. Those who have bough have would have bought, Dealers need to get aggressive to clear their orders, like in last Nov. Car prices next month likely attract additional $10K VES , which eventually compensated by $10K fall in COE in July; because nobody is going to buy car next month. 

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Turbocharged (edited)

Firesale by Uber's Fleet. Lots of Mazda 3 going for $70++k only, relatively new less than 1 year old car. If this keep coming into the market, the COE will continue it's downward pressure.

 

http://www.sgcarmart.com/used_cars/listing.php?BRSR=50&MOD=Mazda%203&FR=2016&TO=2018&ASL=1

Some of the mileage is too low to be believed! Obviously tweaked. One of the ways is to match the mileage to the wear on the tires and the date code of the tires. If it’s original tires, the date code should precede the registration date.

 

Also scuffs on the left side panel of the rear doors should be more than the right, given the number of passengers in and out daily. If it’s a LCR Car.

Edited by Mkl22
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Supercharged

Some of the mileage is too low to be believed! Obviously tweaked. One of the ways is to match the mileage to the wear on the tires and the date code of the tires. If it’s original tires, the date code should precede the registration date.

 

Also scuffs on the left side panel of the rear doors should be more than the right, given the number of passengers in and out daily. If it’s a LCR Car.

 

most of the mileages  are too low  [laugh]

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5th Gear

Firesale by Uber's Fleet. Lots of Mazda 3 going for $70++k only, relatively new less than 1 year old car. If this keep coming into the market, the COE will continue it's downward pressure. 

 

http://www.sgcarmart.com/used_cars/listing.php?BRSR=50&MOD=Mazda%203&FR=2016&TO=2018&ASL=1

 

Where is the firesales? Same depreciation as new car. many LCR cars run 2 shifts, continuous 16hrs a day. 

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Moderator

most of the mileages are too low [laugh]

You will be surprised that many are brand new and have been stored somewhere since day 1. Laterally tow into and out of the car park.

 

This is just 1 of the handful storage area, you can even go and pick what you want,maybe...

 

f1fnkm.jpg

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Supercharged

Where is the firesales? Same depreciation as new car. many LCR cars run 2 shifts, continuous 16hrs a day. 

 

depreciation about $7k++, new mazda selling for $90k+ 

new mazda 3 price how much?

 

 

they bought in bulk, should be much cheaper

post-7510-0-62058300-1526694510_thumb.png

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Turbocharged

Some of the mileage is too low to be believed! Obviously tweaked. One of the ways is to match the mileage to the wear on the tires and the date code of the tires. If it’s original tires, the date code should precede the registration date.

 

Also scuffs on the left side panel of the rear doors should be more than the right, given the number of passengers in and out daily. If it’s a LCR Car.

these r cars that were nvr rented out. overstocked by lcr. thats y the mileage is low. u r basically buying a brand new car. 

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Supersonic

all the best for this round!

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