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Carbon82

COE Bidding – 1st Round of May 2019

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Got my CatA Gcoe first time round. Mitsubishi.

AD bidded at 38k for me

Congrats !!!
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pls increase more in the 2nd bid COE.

 

COE prices not really affected by the recent cars@expo 

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too low lah COE, 2nd round pls push it higher.

 

maybe Cat A buyers, seeing the 10% rise, all rush in before prices goes up further

 

but then again, this round is a 3 weeks gap and with cars@expo, whereas next round is is a 2 week gap.

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maybe Cat A buyers, seeing the 10% rise, all rush in before prices goes up further

 

but then again, this round is a 3 weeks gap and with cars@expo, whereas next round is is a 2 week gap.

Yes there is some chance next round will see sone corrections down from the looks of things
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Posted (edited)

COE prices not really affected by the recent cars@expo

Cause there no sales mah :D Edited by Jumpmanz

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Just go into LTA website look at the estimated profit margin of each car, u will know if the price you signed at is realistic.

 

If at sub 30k Coe, the profit margin is only 5k to 10k for those bnb cars like attrage/note and with Coe increasing so much, you can do the calculation yourself.

Hi got the link ? Thanks

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Congrats to all who got their COEs!

It was my 5th Cat B bid and still unsuccessful. So annoying. Anyone the same fate as me? LOL

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It was my 5th Cat B bid and still unsuccessful. So annoying. Anyone the same fate as me? LOL

What car? AD or PI? G or nonG? How much was the coe when u signed?

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What car? AD or PI? G or nonG? How much was the coe when u signed?

Cat B SUV, AD, coe was ard 35k (i booked in 1st week of march 19). NonG.

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Yes there is some chance next round will see sone corrections down from the looks of things

 

Don't think so. Issue is, cat A quota took a hit.

1,653 (17apr bidding) vs 1,431. That's a 15% cut in quota.

Cat b took a hit too, but about 5%.

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Don't think so. Issue is, cat A quota took a hit.

1,653 (17apr bidding) vs 1,431. That's a 15% cut in quota.

Cat b took a hit too, but about 5%.

Did you read the news? Trade War...this war will not disappear for the next few years.

Better your worry your jobs than COE.

Unless you have half a million in your accounts.

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A bread & butter car now can be used an an interim PHV during a job loss.

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Posted (edited)

A bread & butter car now can be used an an interim PHV during a job loss.

Yes. But, there are other jobs. For example, bus drivers, lorry drivers, nurses and etc. Not long term. No CPF, no medical issurance and etc. And a lot of smokers.

Next generation of GPSS ERP is coming.

Edited by Twich

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Did you read the news? Trade War...this war will not disappear for the next few years.

Better your worry your jobs than COE.

Unless you have half a million in your accounts.

COE is a demand higher than supply trade, there will always be people with half a million in their pocket to buy car. Morover government have absolute control of the surrounding mechanism like loan etc, they won allow COE price to drop too low to impact their more than 10% revenue, so hoping that COE will drop is unlikely.

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COE is a demand higher than supply trade, there will always be people with half a million in their pocket to buy car. Morover government have absolute control of the surrounding mechanism like loan etc, they won allow COE price to drop too low to impact their more than 10% revenue, so hoping that COE will drop is unlikely.

Some people just buy car with a regular income and enough for dp. Not necessarily have half mil in pocket, unless considering house

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COE is a demand higher than supply trade, there will always be people with half a million in their pocket to buy car. Morover government have absolute control of the surrounding mechanism like loan etc, they won allow COE price to drop too low to impact their more than 10% revenue, so hoping that COE will drop is unlikely.

Better worry your jobs than COE. Unless you have half a million in your saving account.

Remember the 10 years economic cycle. Anyway, good luck to you.

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10 year or 7 year lai Leow..little bird.. many retrenchment rumours expected in the next half year-9 mths.

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If COE is too low, VES is likely to go up to compensate for the loss in revenue.

 

Hence, it is better to make use of this 1 more week of window to lock in the low Cat A car price if one needs a car for family or work.

 

Next COE tender is very likely to rebound.

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