COE Bidding – 1st Round of January 2020

[Sugimoto]

2 hours ago, Stanwick said:

Hi, I wanted to renew my coe but when I login, it was still the old PQP. I need to wait till tomorrow to do it?

my coe expire on 28 jan so actually I can get the new PQP at 38071 right? Or I can only get the old PQP at 39463?

No, you can only renew your car COE based on Jan PQP ($39,463) because your car COE expire on that month. Feb PQP($38,071) is for cars which COE expiring on Feb or later.

[awhtc]

COE price down for small cars, up for big ones

...

Looking ahead, car dealers expect car premiums to converge this year as competition for Category A COEs (for cars up to 1,600cc) intensifies on the back of more premium models and private-hire purchases.

https://www.straitstimes.com/singapore/transport/coe-price-down-for-small-cars-up-for-big-ones

[Twich]

6 hours ago, awhtc said:

COE price down for small cars, up for big ones

...

Looking ahead, car dealers expect car premiums to converge this year as competition for Category A COEs (for cars up to 1,600cc) intensifies on the back of more premium models and private-hire purchases.

https://www.straitstimes.com/singapore/transport/coe-price-down-for-small-cars-up-for-big-ones

Unless you have 300K in your saving account. Don't any how choong.

Grab has just cut incentives for riders.

At the same time, LTA will require all PHV compulsory yearly inspection starts from Jun or Jul 2020. Must pass with first attempt.

Economy is swinging up and down. Be very careful.

By the way, Donald Trump will sure serve 4 more years.

[Koreancarsg]

On 1/22/2020 at 10:10 PM, Ct3833 said:

If COE really crashes, the would be 1, 000 honda city customers queuing  in front of you, letting alone many  more customers queing for  other models. 😀😀😀

I guess COE maybe really crash in months ahead due to virus and bad economy ahead.

Booked my car at 30k COE level, i guess next month coe maybe 20k 🤢😖

[Wt_know]

2 minutes ago, Koreancarsg said:

I guess COE maybe really crash in months ahead due to virus and bad economy ahead.

Booked my car at 30k COE level, i guess next month coe maybe 20k 🤢😖

you not happy with coe crash?

did you trade in your old car

low coe only benefited buy a brand new car without trade in

trust me ... when coe crash your old car will also be lowball to dirt cheap ... 

Edited February 2, 2020 by Wt_know

[Lotr]

33 minutes ago, Wt_know said:

you not happy with coe crash?

did you trade in your old car

low coe only benefited buy a brand new car without trade in

trust me ... when coe crash your old car will also be lowball to dirt cheap ... 

Got a few 2nd hand cars in my shortlist, all selling 15k to 40k above paper.

wonder if the selling price will drop in tandem with coe 😊🤔

[Wt_know]

based on past experience during 2003 SARS

if buying B&B conti like 3/5-series and C/E-Class ... buy new when the best the price reach rock bottom

when the economy pick up few years later ... can sell

that was the  last time dealer sing the song drive for *free* ... sell at no lost

Edited February 2, 2020 by Wt_know

[Koreancarsg]

1 hour ago, Wt_know said:

based on past experience during 2003 SARS

if buying B&B conti like 3/5-series and C/E-Class ... buy new when the best the price reach rock bottom

when the economy pick up few years later ... can sell

that was the  last time dealer sing the song drive for *free* ... sell at no lost

So is time now to visit ATM to bid 50dollar COE 😅

[Koreancarsg]

3 hours ago, Wt_know said:

you not happy with coe crash?

did you trade in your old car

low coe only benefited buy a brand new car without trade in

trust me ... when coe crash your old car will also be lowball to dirt cheap ... 

Just got my car 1month ago, 😫

[Khng8]

1st round of Feb 2020 COE bidding and still no new thread?

Forummers must be more interested to pick up stocks than buying a new car.

[Lotr]

28 minutes ago, Khng8 said:

1st round of Feb 2020 COE bidding and still no new thread?

Forummers must be more interested to pick up stocks than buying a new car.

Jan 2nd round also no new thread