COE Bidding – 2nd Round of May 2019

[nigel8210]

people who bought COE at high prices will wish COE goes up even higher

people whom are waiting to enter market will wish COE goes down further

and all sorts of reasoning will come out, at the end of the day, nobody can 100% predict

[RogerNg_185295]

But there are those cannot afford the 30 per cent DP. So they buy used cars.

 It depends - a new car annual depreciation can be lower than that of  a used car

 

Mitsubishi Attrage - 

 

New - $6,500 / year - https://www.sgcarmart.com/new_cars/newcars_overview.php?CarCode=11610

Used - $6,900 / year - https://www.sgcarmart.com/used_cars/info.php?ID=824555&DL=2283

 

[Sopskysalat]

agree. used car financing are more innovative in packaging loan to assist those who can't meet criteria.

But there are those cannot afford the 30 per cent DP. So they buy used cars.

 

[Ct3833]

 It depends - a new car annual depreciation can be lower than that of  a used car

 

Mitsubishi Attrage - 

 

New - $6,500 / year - https://www.sgcarmart.com/new_cars/newcars_overview.php?CarCode=11610

Used - $6,900 / year - https://www.sgcarmart.com/used_cars/info.php?ID=824555&DL=2283

agree,makes no sense but some simply could only afford a used car because of financial "needs". for my case,  mine is COE car, the most basic "needs" already. 

[kennyng82]

CAt A another 3k jump

[Clu999]

Trade war so my guess for today

Cat A $37k

Cat B $47k

[Jwee85]

Seems kinda slow today...low numbers of bidders at this moment in time.

[NiteCruiser]

Seems kinda slow today...low numbers of bidders at this moment in time.

After 3.30pm then is Showtime..

[Lotr]

After 3.30pm then is Showtime..ð

Yeah 345 is the finale, building up to the climax at 4

[13177]

Seems kinda slow today...low numbers of bidders at this moment in time.

Every bidding same, action only start last 30 mins.

[ktkt]

Let's see stock market crash and trade war will make an impact on COE 

[Lotr]

Showtime not yet started? Everything still $1. Lelong lelong

[13177]

Showtime not yet started? Everything still $1. Lelong lelong

Already 3.40pm still no action? 

[dannychoy84]

Due to over adjustment of pricing by AD after previous 2 rounds COE surge, many potential buyers will hold back. So, total buyer count will be less than quota available resulting $1 COE.

 

Cat A- $1

Cat B - $1

 

Edited May 23, 2019 by dannychoy84

[Ronleo]

Already 3.40pm still no action?

346pm still at $1...

[JQ01]

15mins to go. Haven break 0.

[Lotr]

Lai liao lai liao, building up to climax

[Ronleo]

CAT A $1...

Bids received far lesser than Quota!