Hub8246 2nd Gear January 6, 2019 Share January 6, 2019 My guess is cat a will go up slightly while cat b remains. ↡ Advertisement Link to post Share on other sites More sharing options...
Solidus_gz 1st Gear January 6, 2019 Share January 6, 2019 My bet is increase 1k for cat a And still have people buying car thinking it was still cheap Link to post Share on other sites More sharing options...
Scion Turbocharged January 6, 2019 Share January 6, 2019 i also think COE will increase this time.... Cat A up to 27/28k Link to post Share on other sites More sharing options...
Tvios 2nd Gear January 6, 2019 Share January 6, 2019 where can buy this car? Uber's Lion City Rentals finally sold 8000 cars sold https://www.straitstimes.com/singapore/transport/ubers-lion-city-rentals-finally-sold?utm_campaign=STFB&utm_medium=Social&utm_source=Facebook&fbclid=IwAR0qwbNGCTJXo3wx4xivpapcxd2FHO7hYq5VkjK1SOdcFkBNzIFXG9_mwKQ#Echobox=1546669865 Link to post Share on other sites More sharing options...
Si4dr 5th Gear January 7, 2019 Share January 7, 2019 where can buy this car? People avoid PHV car yet you interested Link to post Share on other sites More sharing options...
13177 Supersonic January 7, 2019 Share January 7, 2019 Uber's Lion City Rentals finally sold 8000 cars sold https://www.straitstimes.com/singapore/transport/ubers-lion-city-rentals-finally-sold?utm_campaign=STFB&utm_medium=Social&utm_source=Facebook&fbclid=IwAR0qwbNGCTJXo3wx4xivpapcxd2FHO7hYq5VkjK1SOdcFkBNzIFXG9_mwKQ#Echobox=1546669865 Cannot believe all the 8000 cars sold?! Wonder how come the two companies wait until now then go in buy the cars? Wonder how come Go-Jek did not buy any of these cars? Lol. Link to post Share on other sites More sharing options...
DACH Supersonic January 7, 2019 Share January 7, 2019 Cannot believe all the 8000 cars sold?! Wonder how come the two companies wait until now then go in buy the cars? Wonder how come Go-Jek did not buy any of these cars? Lol. Maybe LCR sells them at a very good prices to these used car dealers. I suspect some might be exported out. People avoid PHV car yet you interested He just want a car that can take him to point A to point B. Link to post Share on other sites More sharing options...
cashcow Turbocharged January 7, 2019 Share January 7, 2019 i also think COE will increase this time.... Cat A up to 27/28k Based on my estimation, Cat A - $26/27K, Cat B - $31/32. Link to post Share on other sites More sharing options...
assiak71 2nd Gear January 7, 2019 Share January 7, 2019 Maybe LCR sells them at a very good prices to these used car dealers. I suspect some might be exported out. He just want a car that can take him to point A to point B. Exported out/deregistered - may-jul quota to increase, hence potentially even higher quota than nov-jan? Link to post Share on other sites More sharing options...
Roh96 6th Gear January 8, 2019 Share January 8, 2019 Cannot believe all the 8000 cars sold?! Wonder how come the two companies wait until now then go in buy the cars? Wonder how come Go-Jek did not buy any of these cars? Lol.The company was sold, together with the remaining fleet of vehicles. How come wait until now then go in to acquire? Few possible reasons.1) LCR was too big for acquition at first. They need to downsize the operation and inventory to a level that is attractive. 2) Maybe the biz buyers see opportunities in rental biz since new player like Go-Jek is coming 1 Link to post Share on other sites More sharing options...
Sdf4786k Twincharged January 8, 2019 Share January 8, 2019 Maybe LCR sells them at a very good prices to these used car dealers. I suspect some might be exported out. He just want a car that can take him to point A to point B. If the rumours of what the used car dealers are getting for the Mz3 is true, the prices are just simply too good to missed. Link to post Share on other sites More sharing options...
DACH Supersonic January 8, 2019 Share January 8, 2019 If the rumours of what the used car dealers are getting for the Mz3 is true, the prices are just simply too good to missed.My guess is LCR sells them at very Low prices and these dealers may probably export them if they cannot sell in the local market. Link to post Share on other sites More sharing options...
Ct3833 Supersonic January 8, 2019 Share January 8, 2019 (edited) Cannot believe all the 8000 cars sold?! Wonder how come the two companies wait until now then go in buy the cars? Wonder how come Go-Jek did not buy any of these cars? Lol. they must have negotiated a damn good deal . Next is they must have gotten secured consumption to know that they are able to digest most if not all the 8000 cars. And they are likely the one to rent cars for potential go-jek drivers. Go-jek is a startup which do not like huge capital assets liability, they will not spend so much money to buy cars especially car is so expensive in SGP. Back on COE, the number of COE re-validation over the last few months are quite high, this will affect the COE allocation for next 3 months. Edited January 8, 2019 by Ct3833 Link to post Share on other sites More sharing options...
MoXiao 1st Gear January 8, 2019 Share January 8, 2019 350M/8000 car = $45k for 8 years old car.That is as good as paper value. Low downside risks.80%Fleet rented out average = $60 daily X 6400 = $380k Daily.One month is 11.5 million = 30 months to break even and still own all cars even if at paper. Damm good deal if got the muscle to eat. Link to post Share on other sites More sharing options...
13177 Supersonic January 8, 2019 Share January 8, 2019 they must have negotiated a damn good deal . Next is they must have gotten secured consumption to know that they are able to digest most if not all the 8000 cars. And they are likely the one to rent cars for potential go-jek drivers. Go-jek is a startup which do not like huge capital assets liability, they will not spend so much money to buy cars especially car is so expensive in SGP. Back on COE, the number of COE re-validation over the last few months are quite high, this will affect the COE allocation for next 3 months. The companies who acquire all the 8000 cars, think they should able to get some good deal from overseas as well, so that they could export some of these cars there, if not how to digest all the 8000 cars to be use and sell in local market? If local market really so good, then LCR should be able to sell off most of these cars liao, but sadly no one interested. Lol. Hopefully if most of these cars got exported, coe quota will increased more for the coming months?! 1 Link to post Share on other sites More sharing options...
13177 Supersonic January 8, 2019 Share January 8, 2019 True, even got the capital to digest all the 8000 cars, but these cars cannot buy and just park without business. I guess majority of these cars should be exported, since the car is still so new, quite good market if there is a demand in overseas. Link to post Share on other sites More sharing options...
awhtc 6th Gear January 8, 2019 Share January 8, 2019 Cat B looks ready to increase by about $3k. Cat A probably increase by around $1k. Link to post Share on other sites More sharing options...
kennyyy 4th Gear January 8, 2019 Share January 8, 2019 Uber's Lion City Rentals finally sold 8000 cars sold https://www.straitstimes.com/singapore/transport/ubers-lion-city-rentals-finally-sold?utm_campaign=STFB&utm_medium=Social&utm_source=Facebook&fbclid=IwAR0qwbNGCTJXo3wx4xivpapcxd2FHO7hYq5VkjK1SOdcFkBNzIFXG9_mwKQ#Echobox=1546669865 Nwadays dun kw wat news is true and wat not. Mayb ownself set up company by another affiliated name sell ownself or watsoever. How they dispose all these 8000 cars alao noboday kws. :) ↡ Advertisement Link to post Share on other sites More sharing options...
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