Mkl22 Twincharged May 23, 2019 Share May 23, 2019 The biggest losers are those who renewed COE early for Cat A. I know of some who renewed 12 mths ahead, in April (last mth at $26K).Let’s see if it will drop more. Only 1 bidding drop. Next bidding will go up again. Singaporeans like to see a discount. 9k drop will attract people like flies to buy again. ↡ Advertisement 2 Link to post Share on other sites More sharing options...
13177 Supersonic May 23, 2019 Share May 23, 2019 Letâs see if it will drop more. Only 1 bidding drop. Next bidding will go up again. Singaporeans like to see a discount. 9k drop will attract people like flies to buy again.Maybe ADs trying to attract people back to showroon? Then push up coe in next few round again, then panic buyer would top up to secure their deal? Lol. 1 Link to post Share on other sites More sharing options...
Bioinformatics 3rd Gear May 23, 2019 Share May 23, 2019 Got my Cat A COE this with 1k rebate booked when COE was 33k and current ride expiring next month. LL lol got mine as well for this round. but cat b. 1 Link to post Share on other sites More sharing options...
Scion Turbocharged May 23, 2019 Share May 23, 2019 Some people only want COE price to go up. I got 5 dislikes: Anonymous : 5 Dislikes for COE Bidding – 2nd Round of May 2019 Comment: Dream on my friend...might as well say property will crash tooReport Up down is just a guessing game Just keep a look out for a small window of opportunity in this quarter. look like the one who dislike your post has to makan his words lai own up, who's the one? 2 Link to post Share on other sites More sharing options...
Jamesc Hypersonic May 23, 2019 Share May 23, 2019 (edited) Some people only want COE price to go up. I got 5 dislikes: Anonymous : 5 Dislikes for COE Bidding – 2nd Round of May 2019 Comment: Dream on my friend...might as well say property will crash tooReport Up down is just a guessing game Just keep a look out for a small window of opportunity in this quarter. Must be the same idiot that gave me 5 dislikes when I said COE will go down too. How wrong he is looking at today's results. Hahahahahahahaha. I wonder if he has been telling people to pay the top up for G in the G or non G in today's climate thread? Easy to tell people to TOP UP when its not his money. Edited May 23, 2019 by Jamesc Link to post Share on other sites More sharing options...
Lolperson123 Clutched May 23, 2019 Share May 23, 2019 Can those MCFers who got their CatA coe this time round please sound out, this will help to identify the reason for the drop in COE. I suspect this drop in coe is artificial, dealers banded together to help clear their backlog CatA orders, esp those who bought NonG when coe was around 27k in Feb march, now is about the 6th bid already, dealer feeling the pinch to secure coe. If... -those who booked in Feb March got their coe this time round (minimise losses for dealers) -those who booked Gcoe in May got their coe this time round (maximum profits for dealers) -those who booked in April DID NOT get their coe We know likely dealer manipulation 3 Link to post Share on other sites More sharing options...
Jamesc Hypersonic May 23, 2019 Share May 23, 2019 Some people only want COE price to go up. I got 5 dislikes: Anonymous : 5 Dislikes for COE Bidding – 2nd Round of May 2019 Comment: Dream on my friend...might as well say property will crash tooReport Up down is just a guessing game Just keep a look out for a small window of opportunity in this quarter. The idiot should give us our 5 points back and tell us how wrong he was. No need the 5 points back also can. Just admit he was WRONG. 1 Link to post Share on other sites More sharing options...
ktkt 1st Gear May 23, 2019 Share May 23, 2019 (edited) got mine as well for this round. but cat b. Think most of us got COE this round, AD and Pi making good profit from those who booked 1-2 months back and top up for G coe Edited May 23, 2019 by ktkt 1 Link to post Share on other sites More sharing options...
Lolperson123 Clutched May 23, 2019 Share May 23, 2019 Got my Cat A COE this with 1k rebate booked when COE was 33k and current ride expiring next month. LL lol How much did ur dealer bid? Link to post Share on other sites More sharing options...
13177 Supersonic May 23, 2019 Share May 23, 2019 Think most of us got COE this round, AD and Pi making good profit from those who booked 1-2 months back and top up got G coeCoe dropped so much this round sure most buyers would get their coe. If didnt get i also dont know what to say liao?! Lol. Link to post Share on other sites More sharing options...
awhtc 6th Gear May 23, 2019 Share May 23, 2019 COE will rebound strongly when the quota is cut more steeply over the next few quarters. For this quarter with the trade war, it should be quite safe not to top up to secure the COE. Based on historical trend, COE below $30k is considered relatively cheap so I think car buyers will be back for Cat A cars that are priced around $70k+. Link to post Share on other sites More sharing options...
Privacy 5th Gear May 23, 2019 Share May 23, 2019 Coe dropped so much this round sure most buyers would get their coe. If didnt get i also dont know what to say liao?! Lol.1 bid filled all backlog?if that's the case, i say drop further next month! 1 Link to post Share on other sites More sharing options...
Chogokin 1st Gear May 23, 2019 Share May 23, 2019 Must be the same idiot that gave me 5 dislikes when I said COE will go down too. How wrong he is looking at today's results. Hahahahahahahaha. I wonder if he has been telling people to pay the top up for G in the G or non G in today's climate thread? Easy to tell people to TOP UP when its not his money. My colleague always say wont drop. Govt wan to earn will do this and that blah blah blah.... today all keep quiet.... 4 Link to post Share on other sites More sharing options...
awhtc 6th Gear May 23, 2019 Share May 23, 2019 The idiot should give us our 5 points back and tell us how wrong he was. No need the 5 points back also can. Just admit he was WRONG. This is just a guessing game. I got Cat A wrong as well The price gap between Cat A and B is still very wide. Other than the PHV effect, it could be just that car engines are getting more powerful and fuel efficient, and the demand has gone up for larger cc, hybrid or turbo cars. 3 Link to post Share on other sites More sharing options...
Lolperson123 Clutched May 23, 2019 Share May 23, 2019 Suspect this coe drop will be transient - Those renewing coe will jump on the bandwagon, reducing quotas - dealers have cleared their backlog (?manipulation) - analysing coe trends, single sharp changes in coe are often not indicative of trends - fact is coe quota is being cut, taxis might be competing, more people are renewing instead of buying new car - cyclical nature of coe indicates this year is a glut year, once glut ends prices will rise The only thing against is - economic climate (but its still early) - the recent rise in coe is not due to consumer demands (new cars), but rather Gojek and speculation and perhaps dealer manipulation. The bubble might have burst. But this is also a short term bubble. In other sense, there are too many factors to say how it will go. Mr Market is emotional. Those who scold others idiots are themselves idiots. Avoid them like plague 1 Link to post Share on other sites More sharing options...
awhtc 6th Gear May 23, 2019 Share May 23, 2019 The biggest losers are those who renewed COE early for Cat A. I know of some who renewed 12 mths ahead, in April (last mth at $26K). My take is once Cat A quota drops below 1k, the COE will shoot up. Currently, it is a lull period after the backlog of demand was filled up in the past 1 year and COE renewal in recent months. A car is status symbol and great convenience in fast-paced Singapore, so the demand will start to build up soon. 1 Link to post Share on other sites More sharing options...
Jamesc Hypersonic May 23, 2019 Share May 23, 2019 This is just a guessing game. I got Cat A wrong as well The price gap between Cat A and B is still very wide. Other than the PHV effect, it could be just that car engines are getting more powerful and fuel efficient, and the demand has gone up for larger cc, hybrid or turbo cars. It take a big man to admit he is wrong. I bet that idiot anon disliker cannot admit that. He is a small gas man. 1 Link to post Share on other sites More sharing options...
Apple-Tree 6th Gear May 23, 2019 Share May 23, 2019 Wow, the Ship is back again. Just like the Hwawei P30 ↡ Advertisement 1 Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
Cars at Expo - Apr 2024
Cars at Expo - Apr 2024
COE Bidding - March 2024
COE Bidding - March 2024
Used Car Dealers Feedback (Part 2)!
Used Car Dealers Feedback (Part 2)!
Xiaomi EV is Coming
Xiaomi EV is Coming
Best way to sell car (aka highest price)
Best way to sell car (aka highest price)
2024 COE trend..
2024 COE trend..
Singapore ‘open to’ idea of one-off rise in vehicle population
Singapore ‘open to’ idea of one-off rise in vehicle population
2019 Hyundai Avante (Elantra Facelift)
2019 Hyundai Avante (Elantra Facelift)