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COE Bidding – 2nd Round of November 2019

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Data tables and chart will come later, as I am busy with something currently.

 

[flowerface]Community Service Time [flowerface]

2 useful links for our dear MCFers:
Real Time COE Bidding Results
Check Your COE Bidding Status


[sunny] Good Luck to all vested! [sunny]

 

The details of the November 2019 2nd open bidding exercise for Certificates of Entitlement (COEs) are as follows:

Tender opens: Monday, 18 November 2019, 12 noon
Tender closes: Wednesday, 20 November 2019, 4.00 pm
Tender results: Wednesday, 20 November 2019 (Available on the www.onemotoring.com.sg website)

The total quota available for this tender is 3,452 for the following vehicle categories:

NON-TRANSFERABLE CATEGORIES:
Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,023
Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,019
Category D: Motorcycles => 698

TRANSFERABLE CATEGORIES:
Category C: Goods Vehicles and Buses => 322
Category E: Open Category => 390

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Some one stole the up down up down poster's job. 

:D

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Cat A down another 2k this time?

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1 hour ago, Jamesc said:

Some one stole the up down up down poster's job. 

:D

He no kena dislike before😄😄.

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23 minutes ago, Scion said:

Cat A down another 2k this time?

If down 2k who will change car here ? Kee chiu . 

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Quota will cut further right? So this coming round might go up a bit?! 😂

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1 hour ago, Ct3833 said:

If down 2k who will change car here ? Kee chiu . 

oh please, as if AD will lower the price by 2k accordingly?

Very likely they will either maint or even increase prices in the name of lower COE allocations. 

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1 hour ago, Cheefarn said:

oh please, as if AD will lower the price by 2k accordingly?

Very likely they will either maint or even increase prices in the name of lower COE allocations. 

So the conclusion is even COE will to drop by 2k is not going to influence caebuying decision .😄

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9 hours ago, acdbrn25 said:

up down up down up down up down

ahem.

up up down down up up down

高高低低高高低

atas atas turun turun atas atas turun

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8 hours ago, Jamesc said:

Some one stole the up down up down poster's job. 

:D

no steal no steal

come here to chit chat tok cock only

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6 hours ago, 13177 said:

Quota will cut further right? So this coming round might go up a bit?! 😂

Quota is the same from nov-Jan. No change from last round. 
likely drop another 1-2k. IMHO. 

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First time bidding through dealer, how do I check how much he bid for me ah? Individual and IC? Or its under the company instead? 

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15 hours ago, Ct3833 said:

So the conclusion is even COE will to drop by 2k is not going to influence caebuying decision .😄

Let me give you some eg from Komoco... SE name take out for privacy, but you can see for yourself if lower COE prices= lower selling price...

12 Oct 2019

HYUNDAI promotion
Cat A-34001👆2242
Cat B-41361👆4361
Accent-70999
Avante Auto-77999
S model-82999
Elite-89999
I30 Hatchback-92999
Ioniq hybrid-103999
I30 wagon-106999
Tucson 2.0-109999
Tucson 1.6 T S-118999
Santa fe 2.4 S/R-169999
Kona EV-142999
I30N 2.0 Manual Turbo-162999

25 Oct 2019

HYUNDAI promotion
Cat A-32309👇1692
Cat B-41805👆444
Accent-69999
Avante Auto-76999
S model-81999
Elite-88999
I30 Hatchback-91999
Ioniq hybrid-102999
I30 wagon-104999
Tucson 2.0-107999
Tucson 1.6 T S-116999
Santa fe 2.4 S/R-167999
Kona EV-140999
I30N 2.0 Manual Turbo-160999

Then on 9 Nov 2019

HYUNDAI promotion
Cat A-30000👇2309
Cat B-40009👇1796
Accent-73999
Avante Auto-80999
S model-85999
Elite-92999 😮 WTF! 
I30 Hatchback-93999
Ioniq hybrid-106999
I30 wagon-108999
Tucson 2.0-111999
Tucson 1.6 T S-120999 :o WTF!
Santa fe 2.4 S/R-171999
Ioniq EV-155999
Kona EV-144999
I30N 2.0 Manual Turbo-164999

 

The dealer's profit margin actually went up when COE prices decreases. 

 

 

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With lower COE quota, I expect profit margin to go up to cover the overheads.

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13 minutes ago, awhtc said:

With lower COE quota, I expect profit margin to go up to cover the overheads.

Correct. It makes even more sense to import a car in yourself during these times if you really want to stretch your $$ to the max. Most AD profit margins are getting ridiculous these days.

Many models actually cost more than when COE was at 60-70k.... 

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13 hours ago, XiaoBai2 said:

First time bidding through dealer, how do I check how much he bid for me ah? Individual and IC? Or its under the company instead? 

Ur own nric

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