Twich 3rd Gear September 19, 2019 Share September 19, 2019 11 hours ago, awhtc said: If there is no trade war, both Cat A and B should be $40k+ easily by now. Don't worry. Trump will serve another 4 years. Don't forget hot spot in Middle East. ↡ Advertisement Link to post Share on other sites More sharing options...
Twich 3rd Gear September 19, 2019 Share September 19, 2019 11 hours ago, awhtc said: If there is no trade war, both Cat A and B should be $40k+ easily by now. Trump will serve 4 more years. Don't forget the hot spot in Middle East. Link to post Share on other sites More sharing options...
Cheefarn 5th Gear September 19, 2019 Share September 19, 2019 18 hours ago, Lotr said: Hmmm, wonder when the surge will come typically? 1550, 1555, 1559? No need to guess. Both Grab and Go Jek needs to buy lots of new cars to replace their crashed or abused till beyond repair ones This is where the last min surge came from. And rem... that 1000 Opel Insignia units for Go Jek. Alpine needs many months of aggressive bidding to fulfil those 1000 orders ah Not possible for them to register all 1000 in one go 2 Link to post Share on other sites More sharing options...
Twich 3rd Gear September 19, 2019 Share September 19, 2019 40 minutes ago, Cheefarn said: No need to guess. Both Grab and Go Jek needs to buy lots of new cars to replace their crashed or abused till beyond repair ones This is where the last min surge came from. And rem... that 1000 Opel Insignia units for Go Jek. Alpine needs many months of aggressive bidding to fulfil those 1000 orders ah Not possible for them to register all 1000 in one go One main reason could be new MAS rule for car loan limit is coming soon. It will apply across the board. Plus, demand from Mercedes A Class and BMW 3 serious. Link to post Share on other sites More sharing options...
Lotr 6th Gear September 19, 2019 Share September 19, 2019 (edited) 45 minutes ago, Cheefarn said: No need to guess. Both Grab and Go Jek needs to buy lots of new cars to replace their crashed or abused till beyond repair ones This is where the last min surge came from. And rem... that 1000 Opel Insignia units for Go Jek. Alpine needs many months of aggressive bidding to fulfil those 1000 orders ah Not possible for them to register all 1000 in one go don't think their bidding will be aggressive, seeing the low price that they are selling insignias. From the newspaper reports, it sound as if PHV coys are bidding their own COEs and if so, Alpine doesn't need to bid for those cars to be sold to Gojek. They are registering 20~30 HBs every month, presumably Insignias Edited September 19, 2019 by Lotr Link to post Share on other sites More sharing options...
Fitmugen 5th Gear September 19, 2019 Share September 19, 2019 Seriously, world economy has little bearing on COE demand one. The rich are not affected and the 100% loan people won’t care also. COE will roughly follow 10 year cycle. Next surge to $50k will be mid 2020 onwards Link to post Share on other sites More sharing options...
Twich 3rd Gear September 19, 2019 Share September 19, 2019 (edited) 15 minutes ago, Fitmugen said: Seriously, world economy has little bearing on COE demand one. The rich are not affected and the 100% loan people won’t care also. COE will roughly follow 10 year cycle. Next surge to $50k will be mid 2020 onwards Whenever LTA announce the COE quota, car dealers said it will surge to 70K or 90K. So... Don't worry. Trump will serve 4 more years. Do not forget the hot spot in Middle East. It just started to bite. Edited September 19, 2019 by Twich 1 Link to post Share on other sites More sharing options...
Lotr 6th Gear September 19, 2019 Share September 19, 2019 23 minutes ago, Twich said: Whenever LTA announce the COE quota, car dealers said it will surge to 70K or 90K. So... Don't worry. Trump will serve 4 more years. Do not forget the hot spot in Middle East. It just started to bite. And in the meantime, the Fed just cut for the 2nd time in a decade as well as injected something like 100 billion in the banking system to stop the repo rates from rising to 10%, also the first time in a decade. 2 Link to post Share on other sites More sharing options...
Spring Moderator September 19, 2019 Share September 19, 2019 17 hours ago, intelormental said: The AD offered me CAT E COE. 😊 Congrats! Surprised they give u Cat E as on paper its more valuable so their profit margin lesser though for u no diff as they follow the Category your new car is registered under. What car u buy? 3 Link to post Share on other sites More sharing options...
Twich 3rd Gear September 19, 2019 Share September 19, 2019 2 hours ago, Fitmugen said: Seriously, world economy has little bearing on COE demand one. The rich are not affected and the 100% loan people won’t care also. COE will roughly follow 10 year cycle. Next surge to $50k will be mid 2020 onwards Unless has 200K in the saving account. Otherwise, don't anyhow Chong. 1 Link to post Share on other sites More sharing options...
Jp66 5th Gear September 19, 2019 Share September 19, 2019 1 hour ago, Spring said: Congrats! Surprised they give u Cat E as on paper its more valuable so their profit margin lesser though for u no diff as they follow the Category your new car is registered under. What car u buy? maybe that piece of Cat E COE is expiring soon 1 Link to post Share on other sites More sharing options...
intelormental Clutched September 19, 2019 Share September 19, 2019 2 hours ago, Spring said: Congrats! Surprised they give u Cat E as on paper its more valuable so their profit margin lesser though for u no diff as they follow the Category your new car is registered under. What car u buy? Yes I was surprised too since it was a 6 bid non gtd and first round this time. Went for a Suby xv 1 Link to post Share on other sites More sharing options...
Tannl 1st Gear September 19, 2019 Share September 19, 2019 (edited) 9 minutes ago, intelormental said: Yes I was surprised too since it was a 6 bid non gtd and first round this time. Went for a Suby xv Did they ask u to top up? Edited September 19, 2019 by Tannl Link to post Share on other sites More sharing options...
Jamesc Hypersonic September 19, 2019 Share September 19, 2019 People say COE prices so high and condo prices so high there will be no recession. This is completely wrong. COE and housing prices are lagging indicators of economic activity. They are not leading indicators. Every company I know is cutting cost but they are not cutting staff on a big level yet. They are cutting overseas travel, training courses and entertainment first. Only as a last resort will they cut staff and only when staff are cut on a massive level then COE will fall. People will panic and we will see COE will dive. 😀 8 1 1 Link to post Share on other sites More sharing options...
icez118 Clutched September 19, 2019 Share September 19, 2019 8 hours ago, Twich said: One main reason could be new MAS rule for car loan limit is coming soon. It will apply across the board. Plus, demand from Mercedes A Class and BMW 3 serious. Meaning can apply for higher loans? Link to post Share on other sites More sharing options...
intelormental Clutched September 19, 2019 Share September 19, 2019 18 minutes ago, Tannl said: Did they ask u to top up? Nope, if they had; I would have waited instead. Link to post Share on other sites More sharing options...
Terence2112 2nd Gear September 19, 2019 Share September 19, 2019 2 hours ago, intelormental said: Nope, if they had; I would have waited instead. I thought Subaru sells their cars with 6 bid guaranteed coe Link to post Share on other sites More sharing options...
Spring Moderator September 19, 2019 Share September 19, 2019 3 hours ago, intelormental said: Yes I was surprised too since it was a 6 bid non gtd and first round this time. Went for a Suby xv Subaru XV shld be Cat B so maybe that’s why they gave an Open COE as the prices quite near. Thought u booked a Cat A car. ↡ Advertisement 3 Link to post Share on other sites More sharing options...
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