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COE Bidding – 2nd Round of August 2019


Carbon82
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Common to see showrooms ghost town when coe go up lo, so if this round coe still go up, showrooms will continue to be ghost town. Lol.

 

Given significant less quota for CAT-A, if COE keep going up continuous 3-4 times then it can hit panic button, resulting fear to lose out and packed showrooms....  haha we all love to speculate .. lets see what really happen in next 2-3 months 

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Rare for Open to break so early, before big cars.

Weird,

 

 

Bidding status as at 21/08/2019 15:35:27 hrs

Category Current COE Price ($) Quota Bids Received

A CAR UP TO 1600CC & 97KW 28,000 1,062 1,458

B CAR ABOVE 1600CC OR 97KW 1 1,045 810

C GOODS VEHICLE & BUS 1 283 207

D MOTORCYCLE 1 742 648

E OPEN-ALL EXCEPT MOTORCYCLE 22,629 363 379

Source: Land Transport Authority

Edited by Jwee85
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Given significant less quota for CAT-A, if COE keep going up continuous 3-4 times then it can hit panic button, resulting fear to lose out and packed showrooms....  haha we all love to speculate .. lets see what really happen in next 2-3 months 

If the economy now is good, surely will hit the panic button esp when quota is cut. But now the economy is not very bright and stable lo, so coe should not rocket high.

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If the economy now is good, surely will hit the panic button esp when quota is cut. But now the economy is not very bright and stable lo, so coe should not rocket high.

 

This economy not v good thingie.. I hear v long liao since 2008  [laugh]

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Is it CAT B gonna dip today  [laugh]

Confirmed no because as per normal practise, ADs would not submit bid until last 15 mins de.

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Bidding status as at 21/08/2019 15:47:27 hrs

Category Current COE Price ($) Quota Bids Received

A CAR UP TO 1600CC & 97KW 29,966 1,062 1,642

B CAR ABOVE 1600CC OR 97KW 33,700 1,045 1,124

C GOODS VEHICLE & BUS 1 283 278

D MOTORCYCLE 1 742 668

E OPEN-ALL EXCEPT MOTORCYCLE 26,989 363 440

Source: Land Transport Authority
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Cat.B is confirmed weak today.

Actual action havent start yet la.

 

Cat A $30k liao, seems like might not go up too much or maybe might closed at around the same amount as last round?

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Bidding status as at 21/08/2019 15:50:07 hrs

Category Current COE Price ($) Quota Bids Received

A CAR UP TO 1600CC & 97KW 30,735 1,062 1,642

B CAR ABOVE 1600CC OR 97KW 35,003 1,045 1,177

C GOODS VEHICLE & BUS 20,001 283 302

D MOTORCYCLE 1 742 669

E OPEN-ALL EXCEPT MOTORCYCLE 32,989 363 487

Source: Land Transport Authority
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Bidding status as at 21/08/2019 15:54:47 hrs

Category Current COE Price ($) Quota Bids Received

A CAR UP TO 1600CC & 97KW 31,777 1,062 1,678

B CAR ABOVE 1600CC OR 97KW 37,001 1,045 1,326

C GOODS VEHICLE & BUS 25,409 283 372

D MOTORCYCLE 3,501 742 813

E OPEN-ALL EXCEPT MOTORCYCLE 36,890 363 553

Source: Land Transport Authority
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