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COE Bidding – 1st Round of April 2019


Carbon82
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Cars@expo also coming next weekend... Guess what that will do to coe..

Edited by Lotr
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Turbocharged

Last round 1st bidding April 2019 vs 2nd bidding prediction ;))

 

Cat A   $29,159 - up 5% $30,615

 

Cat B   $43,102 - up 8% $46,550

 

Cat E   $48209 -  up 2% $49,175

 

Just gassing

 

:D

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Some large scale retrenchments at MNCs are on-going now. Our exports are also falling:

 

https://www.channelnewsasia.com/news/singapore/singapore-march-exports-post-worst-fall-in-2-years-11452728

 

So let's hope all the COEs fall sharply [laugh]

 

Then the government can announce more COE quota to earn more COE revenue to counter the slowing economy :D

Unfortunately the quota is calculated by fixed formula. It depends on how many cars r scrapped and currently zero growth in car population. And next few months will see quite a big drop in quota. However for the retrenchment if get worst w have some impact.
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So sorry, don't think I am able to sort out the data for posting tonight. Am very busy the past few days.

 

Let post all discussions in this thread instead.

No worries pal.

 

Hope all things good on your side.

 

Take care!

Edited by Ronleo
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Some large scale retrenchments at MNCs are on-going now. Our exports are also falling:

 

https://www.channelnewsasia.com/news/singapore/singapore-march-exports-post-worst-fall-in-2-years-11452728

 

So let's hope all the COEs fall sharply [laugh]

 

Then the government can announce more COE quota to earn more COE revenue to counter the slowing economy :D

Coe quota cannot increase as it will not be in line with a car lite society.

does any MCF bro know the link / information about Gojek buying 1000 Opel (as posted earlier) inside straits time

 

or just fake news?

It is statement by the ST motoring writer.
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Some AD have already adjusted their pricing on the last 2 days

That means demand and backlog is still strong

 

I don't think this round the prices will go down

At most flat

 

And next Quarter, well.....Good Luck.

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does any MCF bro know the link / information about Gojek buying 1000 Opel (as posted earlier) inside straits time

 

or just fake news?

From this article: https://www.straitstimes.com/lifestyle/motoring/making-sense-of-the-coe-spike

 

“Word has it that rental companies in partnership with Gojek have been on a buying spree, with one of their latest acquisitions being a fleet of 1,000 Opel Insignia sedans.

Gojek has tied up with half a dozen such rental partners. So, it is able to ramp up its fleet without being asset-heavy. And it may have to go on this strategy if it wants to compete more effectively with Grab, which has the lion's share of the private-hire market.

Grab, on its part, is not sitting idle. Fuelled by seemingly unending waves of funding, it has also been renewing its fleet of cars to stay competitive.“

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Some AD have already adjusted their pricing on the last 2 days

That means demand and backlog is still strong

 

I don't think this round the prices will go down

At most flat

 

And next Quarter, well.....Good Luck.

 

Seems like quite quiet today

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