Cheefarn 5th Gear February 5, 2020 Share February 5, 2020 3 minutes ago, Jwee85 said: haiz.....final push all above $30k. invisible hand is strong. FEBRUARY 2020 1st Open Bidding Exercise has ended on 05/02/2020 16:00:00 hrs Results are being finalised Bidding status as at 05/02/2020 16:00:26 hrs Category Current COE Price ($) Quota Bids Received A CAR UP TO 1600CC & 97KW 30,010 982 1,204 B CAR ABOVE 1600CC OR 97KW 30,890 984 1,173 C GOODS VEHICLE & BUS 25,013 314 504 D MOTORCYCLE 4,401 578 821 E OPEN-ALL EXCEPT MOTORCYCLE 34,900 335 525 Source: Land Transport Authority All PHV companies rush in at the last min as usual ↡ Advertisement Link to post Share on other sites More sharing options...
Lotr 6th Gear February 5, 2020 Share February 5, 2020 LOL, S60 and passat still increasing price last week. Link to post Share on other sites More sharing options...
Neost 6th Gear February 5, 2020 Share February 5, 2020 within expectation. At least things looks inline with current situation and have a stabilising effect Can you imagine if COE drops to 3-digit figure and the kind of message and shiver that it will send across the whole economy. "YOU CANNOT HANDLE THE TRUTH" as the famous line from one of Tom Cruise movie Link to post Share on other sites More sharing options...
Lotr 6th Gear February 5, 2020 Share February 5, 2020 Monitoring a few 2nd hands, wondering if the dealers will reduce price or 2nd hands not really affected by coe 1 Link to post Share on other sites More sharing options...
Dilemma 5th Gear February 5, 2020 Share February 5, 2020 12 minutes ago, Lotr said: Monitoring a few 2nd hands, wondering if the dealers will reduce price or 2nd hands not really affected by coe Usually follow the depre of new cars. Link to post Share on other sites More sharing options...
Daniu82 Supercharged February 5, 2020 Share February 5, 2020 This wuhan virus is strong. Even COE prices cannot tahan and drop. Cat B at 30k is even lower than last year’s lowest price of 31k. 1 1 Link to post Share on other sites More sharing options...
Old-driver 5th Gear February 5, 2020 Share February 5, 2020 A drop is drop is a drop. Everyone is expecting a big drop but then the next one rebound since every Tom Dick Harry and their brothers go in. Isn't it better that is keeps going down a few k each bidding? 2 Link to post Share on other sites More sharing options...
13177 Supersonic February 5, 2020 Share February 5, 2020 14 minutes ago, Daniu82 said: This wuhan virus is strong. Even COE prices cannot tahan and drop. Cat B at 30k is even lower than last year’s lowest price of 31k. Dont know why Cat B dropped so much? Link to post Share on other sites More sharing options...
Dilemma 5th Gear February 5, 2020 Share February 5, 2020 13 minutes ago, Old-driver said: A drop is drop is a drop. Everyone is expecting a big drop but then the next one rebound since every Tom Dick Harry and their brothers go in. Isn't it better that is keeps going down a few k each bidding? I really doubt people will chiong in this kind of situation. For me i will hold on till there's a cure or the situation is better before committing to buy a new car. Link to post Share on other sites More sharing options...
Jamesc Hypersonic February 5, 2020 Share February 5, 2020 All the people that booked booked weeks ago before Wuhan became big news. 3 Link to post Share on other sites More sharing options...
Enye Hypersonic February 5, 2020 Share February 5, 2020 wah...motor show supposedly packed with tables full of people signing great deals queue up 1 hour to enter event hall somemore but subsequent 2 biddings, coe drop 😅 1 Link to post Share on other sites More sharing options...
Philipkee Twincharged February 5, 2020 Author Share February 5, 2020 8 minutes ago, Enye said: wah...motor show supposedly packed with tables full of people signing great deals queue up 1 hour to enter event hall somemore but subsequent 2 biddings, coe drop 😅 Key word. Supposedly. 1 Link to post Share on other sites More sharing options...
Roh96 6th Gear February 5, 2020 Share February 5, 2020 Many past predictions had gone wrong. Last time people predict COE will cheong after vehicle growth cut to zero percent. Then people predict COE will cheong after new emission scheme. Now people predict COE will Cheong after motor show and quota cut. Luckily all predictions were wrong. hahaha.. 3 Link to post Share on other sites More sharing options...
boonhat_91 6th Gear February 5, 2020 Share February 5, 2020 18 minutes ago, Dilemma said: I really doubt people will chiong in this kind of situation. For me i will hold on till there's a cure or the situation is better before committing to buy a new car. I would do the opposite, just YOLO. With news like Kobe's death and now this virus, never know when my time is up. Too bad I no money 😅 1 2 Link to post Share on other sites More sharing options...
Twich 3rd Gear February 5, 2020 Share February 5, 2020 1 hour ago, Cheefarn said: All PHV companies rush in at the last min as usual Hay day is over. Link to post Share on other sites More sharing options...
Dilemma 5th Gear February 5, 2020 Share February 5, 2020 7 minutes ago, boonhat_91 said: I would do the opposite, just YOLO. With news like Kobe's death and now this virus, never know when my time is up. Too bad I no money 😅 If you are single then can YOLO. I dont want to leave all the liabilities for my wife and children to bear in case anything happened to me. 3 Link to post Share on other sites More sharing options...
13177 Supersonic February 5, 2020 Share February 5, 2020 16 minutes ago, mikk123 said: haha...read the newspaper yesterday. a lot PHV driver are in deep trouble now as the tourism comes to a sudden halt. They can't afford to pay the bank installment anymore.... this is just the beginning.... If they rent from PH company, jusy return the car lo. No deep trouble. Unless you are private owned car and depend on PHV business to pay for installment then really deep trouble liao. But tourism comes to a halt but PHV driver still can depends on local business? As many people might take PHV more when they go out to avoid crowded buses and train? Link to post Share on other sites More sharing options...
Lotr 6th Gear February 5, 2020 Share February 5, 2020 20 minutes ago, boonhat_91 said: I would do the opposite, just YOLO. With news like Kobe's death and now this virus, never know when my time is up. Too bad I no money 😅 Yolo can zero down payment and full loan ↡ Advertisement 2 Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
Cars at Expo - Apr 2024
Cars at Expo - Apr 2024
COE Bidding - March 2024
COE Bidding - March 2024
Singapore ‘open to’ idea of one-off rise in vehicle population
Singapore ‘open to’ idea of one-off rise in vehicle population
Used Car Dealers Feedback (Part 2)!
Used Car Dealers Feedback (Part 2)!
2024 COE trend..
2024 COE trend..
New car discount/price/promo
New car discount/price/promo
Guide - Getting a preowned / 2nd hand car
Guide - Getting a preowned / 2nd hand car
Top 5 questions to ask every used car dealer
Top 5 questions to ask every used car dealer