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COE Bidding – 1st Round of August 2019


Carbon82
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30k cat A. Government get about 100million tax twice a month. Shiok

1000+ per bid equates to 2000+ cat A per mth. 60+million monthly only la..
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Turbocharged

Cat A still at $27K, after 74 bids submitted in last 15 min.

 

Dealers are holding on tight.

 

If they want, they can end Cat A at $27K.

 

It's all in dealers' hands. They dictate, control and manipulate COE prices

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Edited by Vinceng
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1000+ per bid equates to 2000+ cat A per mth. 60+million monthly only la..

I mean total COE from all cat

 

30k!

Edited by bamf
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Will be interesting the next round if the number of unsuccessful cat A bids are more than the quota available next round.

 

Up up up, who wins? Government wins.

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