COE Bidding – 2nd Round of February 2020

[Jamesc]

On 2/18/2020 at 9:38 AM, Jamesc said:

Put both lah. 

$2 only. 

If both get take both lah. 

 

On 2/18/2020 at 2:02 AM, Skyline6 said:

I always dilemma cat a or b. If the one i didn't choose dropped till $1, I will bang wall.

Lucky you put in both Cat B still $1 only.

[Jamesc]

Open cat $1 only

[Estrangable]

still got hope la.... open cat still 1 dollar. Don't give up

[Jwee85]

I believe one IC no. can only bid for one particular category, in each round of bidding exercise.

Multiple category bids using same IC is not possible, right?

 

Edited February 19, 2020 by Jwee85

[Jamesc]

4 minutes ago, Estrangable said:

still got hope la.... open cat still 1 dollar. Don't give up

I give up.

I only bid cat A $2.

[Jamesc]

4 minutes ago, Jwee85 said:

I believe one IC no. can only bid for one particular category, in each round of bidding exercise.

Multiple category bids using same IC is not possible, right?

 

Why not?

So cannot buy 2 cars?

[Skyline6]

Open cat $1 possible?? Cat A not moving liao

Edited February 19, 2020 by Skyline6

[Smeagol]

1 minute ago, Skyline6 said:

Open cat $1 possible?? Cat A not moving liao

If Open Cat $1 I buy you the COE and 1 drink of your choice 🤣

[Enye]

wah...so many patriotic people trying to help save sg economy from recession in the face of crisis

salute

🤣

[Dilemma]

6 minutes ago, Jamesc said:

Why not?

So cannot buy 2 cars?

 

1 bid only can bid once.

[Sword28]

anyone book a car this round? Fingercross for me now ... monitoring closely

[Vinceng]

Very conservative bids. There can be 30 bids coming in but price increase by only $10. 

Dealers sold cars at rock bottom prices during motor show and last two weeks, probably limited margins.

Prices should remain status quo as with  last bid, unless the car rental firms come in at the last five min to create havoc!

Edited February 19, 2020 by Vinceng

[Smeagol]

Cat B already at $30,001 with 10 minutes to go. Expect it to go above last bid's amount of 30,890

[Jwee85]

looks like Cat.A and Cat.C might be lower today.

big car buyers really are rich.

 

Bidding will end on 19/02/2020 16:00:00 hrs

Bidding status as at 19/02/2020 15:47:39 hrs
Category    Current COE Price ($)    Quota    Bids Received
A    CAR UP TO 1600CC & 97KW    25,137    982    1,310
B    CAR ABOVE 1600CC OR 97KW    30,001    987    1,296
C    GOODS VEHICLE & BUS    20,001    352    371
D    MOTORCYCLE    1    577    548
E    OPEN-ALL EXCEPT MOTORCYCLE    1    328    306
Source: Land Transport Authority

[iceraider]

2 minutes ago, Vinceng said:

Very conservative bids. There can be 30 bids coming in but price increase by only $10. 

Dealers sold cars at rock bottom prices during motor show and last two weeks, probably limited margins.

Prices should remain status quo as with  last bid, unless the car rental firms come in at the last five min to create havoc!

Cat B 31k liao.. is moving

[Vinceng]

The car rental firms are in now, sending prices for Cat A to rise by $4K to $29,000 with 20 bids.

[Dilemma]

3 minutes ago, Jwee85 said:

looks like Cat.A and Cat.C might be lower today.

big car buyers really are rich.

 

Bidding will end on 19/02/2020 16:00:00 hrs

Bidding status as at 19/02/2020 15:47:39 hrs
Category    Current COE Price ($)    Quota    Bids Received
A    CAR UP TO 1600CC & 97KW    25,137    982    1,310
B    CAR ABOVE 1600CC OR 97KW    30,001    987    1,296
C    GOODS VEHICLE & BUS    20,001    352    371
D    MOTORCYCLE    1    577    548
E    OPEN-ALL EXCEPT MOTORCYCLE    1    328    306
Source: Land Transport Authority

U lag is it? already above last bid.

[Dilemma]

Just now, Vinceng said:

The car rental firms are in now, sending prices for Cat A to rise by $4K to $29,000 with 20 bids.

Why would car rental firms bid so high when demand for PHV is super low currently.