Wolverine23 1st Gear July 3, 2019 Author Share July 3, 2019 Wow...most seems bearish ↡ Advertisement Link to post Share on other sites More sharing options...
makeanewcall 3rd Gear July 3, 2019 Share July 3, 2019 CAT B at 35k means Mitsubishi ASX at 93k is earning very thin profit margin, hence, it is quite likely that CAT B is below 35k today. whatever price they sell, ASX is not even popular in SG to begin with. There is a very high chance of Cat A & B slipping by an average of 5% to 10% if you take into consideration the bidding pattern in the last bid. Some distributors held back bidding for recently secured orders despite the car already arrived on Singapore shores. also mainly cause there aint new Cat A cars to entice buyers anyway with the latest only being mazda 3. Link to post Share on other sites More sharing options...
Yuber Clutched July 3, 2019 Share July 3, 2019 Probably hover around plus minus fewhundred dollars. Link to post Share on other sites More sharing options...
JQ01 3rd Gear July 3, 2019 Share July 3, 2019 hmm... but if they are able to sell at 97k with 39k COE, wouldn't they be making the same margin if they sell at 93k with 35k COE?I was about to mention ASX was also selling at 90K when coe is 32K earlier.. 35K because I guess the coe will be flat this round. Of course, ppl will not agree but that's all guessing for fun! 1 Link to post Share on other sites More sharing options...
Tanhangkiang 3rd Gear July 3, 2019 Share July 3, 2019 I was about to mention ASX was also selling at 90K when coe is 32K earlier.. 35K because I guess the coe will be flat this round. Of course, ppl will not agree but that's all guessing for fun! I must say it is a good price point at 93k, considering purely from financial point of view. Cost of ASX with tax 50.5k Cost of coe is 35.0k Profit and company overheads 7.4k Total 92.9k for asx. 1 Link to post Share on other sites More sharing options...
Soundphile 2nd Gear July 3, 2019 Share July 3, 2019 in any case, the AD's margin is always protected. Consumers will have to bear the full cost of the COE. And as with the majority, I will go with the bear! hoping that coe will drop further so will have a reason to change car! haha 1 Link to post Share on other sites More sharing options...
keanC 3rd Gear July 3, 2019 Share July 3, 2019 8 to 10k quite common for those senior officers. Even junior officer with long service about 20 years should be about 5k to 7k already depending on which civil serviceThey can buy anytime. Most of them only buy merc and BMW. 1 Link to post Share on other sites More sharing options...
Lotr 6th Gear July 3, 2019 Share July 3, 2019 CAT B at 35k means Mitsubishi ASX at 93k is earning very thin profit margin, hence, it is quite likely that CAT B is below 35k today.How does 1 model determine the coe? Link to post Share on other sites More sharing options...
Tanhangkiang 3rd Gear July 3, 2019 Share July 3, 2019 https://www.onemotoring.com.sg/content/onemotoring/home/buying/coe-open-bidding.html See the coe results in near real time. Link to post Share on other sites More sharing options...
Vinceng Turbocharged July 3, 2019 Share July 3, 2019 The action will start at 3:45pm. I hope the system crashes during the critical last 15 minutes. Link to post Share on other sites More sharing options...
dahliax85 Clutched July 3, 2019 Share July 3, 2019 Ya, action is last 15min till 4pm. Have a feeling prices wont deviate too much from last round. Link to post Share on other sites More sharing options...
HP_Lee 5th Gear July 3, 2019 Share July 3, 2019 Yes are close to this. This Q-Q reported and increase in retrenchment to 3000+ as comapred to 2000+ last year. This mainly due to industrial 4.0 and better AI software availability, that have replace PMETs. In terms of percentage share of the retrenchment last reported, PMETs took almost 80% of the share. This group are normally middle class car buyers. Unless Go-jerk come in a big way. But doubt so, due to the PHV market had stabilized and the benefits to driver are not as attractive as before. This make many thing twice. This is the answer to where COE prices are headed - Brace for greater economic headwinds as global uncertainties likely to persist https://www.channelnewsasia.com/news/singapore/brace-for-greater-economic-headwinds-as-global-uncertainties-11662164 With the new ERP 2.0 implementation next year, may drive up further running cost of owning a car. Link to post Share on other sites More sharing options...
bamf 1st Gear July 3, 2019 Share July 3, 2019 Us China trade war good news on 30june. Thing look much rosier than May. Stocks considerable up since a horrible May. But only 3days since trump’s good news so maybe not enough time to sell enough cars to make a difference. So my Guess is COE still down today but up and away next bidding onward Link to post Share on other sites More sharing options...
Dilemma 5th Gear July 3, 2019 Share July 3, 2019 Us China trade war good news on 30june. Thing look much rosier than May. Stocks considerable up since a horrible May. But only 3days since trump’s good news so maybe not enough time to sell enough cars to make a difference. So my Guess is COE still down today but up and away next bidding onward So this Trump- China saga will affect your pay? Alot of us are not really affected by all these saga. So i would say no effect on COE prices. Link to post Share on other sites More sharing options...
yishunite Turbocharged July 3, 2019 Share July 3, 2019 By next bidding who knows what Trump will tweet to turn the knife back on China. Everyone I know is in conservative protect-assets mode. You buy car if u have to but not for the sake of it Link to post Share on other sites More sharing options...
HP_Lee 5th Gear July 3, 2019 Share July 3, 2019 (edited) i personally never like to predict whether is up or down in COE prices. The best closest way , is the see the economic condition, gov. policy (example ERP2.0) that is coming, and with the additional new kid on the block, "Industrial 4.0 and IA" improvements, had made many PMETs' careers either redundant or reduce dependency on junior PMETs' that have just came up to join the wrok-force. Lastly raising numbers of U-graduates could not find the right job matching. This maybe due to lagging changes evolve round our education system, to match ever fast changing environment and technological advancement that we witness the last 5 years. Whatever courses one taking up today, there is a higher chances of not matching future needs upon graduation. The trump thingy, may not feel it now. But does affect us eventually when the changes of the supply chain that we have been enjoying for the pass 2 decades. People will start losing jobs along those supply chains. Edited July 3, 2019 by HP_Lee 2 Link to post Share on other sites More sharing options...
bamf 1st Gear July 3, 2019 Share July 3, 2019 (edited) So this Trump- China saga will affect your pay? Alot of us are not really affected by all these saga. So i would say no effect on COE prices. Doesn’t affect your pay, but affects the economy, and the overall feel in the market and this eventually your pay. And also the stock markets. Stock markets up people feel rich and buy car. Not everyone just depends on salary to make decisions. You mean financial crisis or financial boom times doesn’t affect COE? In fact the 2yr coe chart looks almost the same as the STI stock index chart.... Edited July 3, 2019 by bamf Link to post Share on other sites More sharing options...
dahliax85 Clutched July 3, 2019 Share July 3, 2019 So this Trump- China saga will affect your pay? Alot of us are not really affected by all these saga. So i would say no effect on COE prices. i don't think is impact on pay or what (though to a certain degree yes), but more of the mental and psycological aspect of the buyers. Uncertainties brings about hesitation generally, thus people might hold off purchases for big ticket items unless otherwise absolute necessary. ↡ Advertisement Link to post Share on other sites More sharing options...
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