COE Bidding – 1st Round of November 2018

[Ct3833]

again, repeating like a broken tape recorder. without LCR and Uber etc, COE price should fluctuate less aggressively. 

[13177]

Last coe for Cat A is $25k, if today bidding drop lower than $25k then it would break record liao. Lol.

[Dafansu]

Don't understand why some keep saying no drop. Must drop how much then consider drop? 

Elantra price March 2014 

Edited November 8, 2018 by Dafansu

[Ct3833]

50k cheaper like for like     

[Chogokin]

Wow Cat A 21k liao....

[Dafansu]

Should be going up because of the recent car show, if don't go up maybe will crash during the next few rounds  . Still waiting for motorcycle to crash. 

[Lonelysin]

I can see the posting trend showing majority of the folks here are hoping that COE will drop and crash. When COE prices go up, there will be comments that this is due to the recent roadshow expo and perhaps in the coming weeks people will say prices go up due to year end bonus?

 

Agree that COE prices are in the down trend but impossible to time when it will bottom. Hence, to those who needs a car just go for it 

[Tcx607]

"Should be going up because of the recent car show, if don't go up maybe will crash during the next few rounds    . Still waiting for motorcycle to crash."

Motorcycle coe is purely control by bike agent/distributors. Remember, motorcycle coe is transferrable.

That's is why the coe slowly trending down. Totally unlike car coe. The shops have to offload all the buyers booking over the time.

 

[Dafansu]

Thought bike also not transferable? Para 2 from one motoring

 

 

COEs in Categories A, B and D are non-transferable, while COEs in Categories C and E are transferable only once if the COEs were bid under the name of an individual. If the Categories C and E COEs were bid under the name of a company, business (including limited liability partnership, club, associations, etc.) or organisation, the COEs are not transferable. Click here to see the different vehicle categories

[Wildfaye29]

Will motor really crash?

[Shorty]

the power of the invisible hand will not let that happen

[Ct3833]

Agree, COE is so low now. Comparing with the time  of $90k, it is 1/3 the price . Comparing with $60k period, it is half price now/  COE downside benefit is not going to be significant even it will to decline further. Of course upside risk is also minimum over the next few months. so buy within the next 3 months  if anyone is planning to buy a new car.....or two  .  

[Runforyourlife]

No surprise. Status quo or increase abit.

[Dafansu]

maybe not today, maybe upcoming few rounds. Need to clear the buyers first before such crash can happen 

[Runforyourlife]

maybe not today, maybe upcoming few rounds. Need to clear the buyers first before such crash can happen

No crash will happen. Clear already den ppl change for cny. Earliest is end feb beginning March. But I believe maybe drop 1-2k per round also take 5 mths to drop max 10k. Den ppl buy again with bonus.

 

Cycle continues.

[Dafansu]

referring to the motorcycle COE not car. Anyway drop $1442 to $2509 for motor cycle COE

[Ct3833]

there is slight increase in demand after car show but the bid price is not aggressive as expected. Next round CAT A will likely drop back to 25k range. 

[Shorty]

wah...this is gd enough. compared to 6k jus recently.