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COE Bidding – 2nd Round of October 2019


Carbon82
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Sudden surge in motorcycling interest? 🤣

I don't want to see more retrenched PMETs becoming Grab Deliveroos. 😁

Edited by Kangadrool
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25 minutes ago, Aheart said:

My crystal ball told me it will go up

My gut feel is when the quota is on the down trend, and the excess bids are >40% of quota for 2-3 consecutive COE tenders, the COE prices will start to adopt an uptrend.

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9 hours ago, Kangadrool said:

Need to see how many revalidated COEs also.

the amount of quota released had factored this in.. however this are lagging indicator.

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As long as there is no LCR, PHV or alike to compete for COE, the price wont go up to 60k like a few year ago, COE price should stay around this price range for awhile. From new car price point of view ,there is  no diff in car price when COE moves up and down a few $k, this  is a good time to buy new car. Next year will be a different story when COE quota get to reduced further.

Edited by Ct3833
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Everyone already renew COE for their 10 year old cars to keep for 20 years. 

Not many people need to buy new cars. 

People don't need to worry about COE for another 10 years. 

Plan ahead. 

:D

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3 hours ago, Jamesc said:

Everyone already renew COE for their 10 year old cars to keep for 20 years. 

Not many people need to buy new cars. 

People don't need to worry about COE for another 10 years. 

Plan ahead. 

:D

So you renewed your MIL Jag COE already ? ... :ninja:

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16 minutes ago, Picnic06-Biante15 said:

So you renewed your MIL Jag COE already ? ... :ninja:

I really want to get her a bigger size cat. 

This model. 

:D

 

GettyImages-804145832-3c47e9f.jpg

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49 minutes ago, Spring said:

1.5 hrs to go before closing n we haven't even reach the end of pg 2 so I think all down!!

Last bidding was even quieter but almost all cat  went up. Lol

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