BobbyTan_74287 4th Gear January 16, 2021 Share January 16, 2021 5 hours ago, Lotr8445r said: they believe those whom scrap will not be able to afford to continue to get replacement? Those whom scrap their car are poor but they themselves sitting fence is richer? what logic is this? Those who scrapped may buy either another used car or new car, depending on their choice. Only few will give up driving. ↡ Advertisement 1 Link to post Share on other sites More sharing options...
Jamesc Hypersonic January 16, 2021 Share January 16, 2021 People live in their own fantasy world. COE is going to crash People that scrap their COE cars will never buy a car again. The gov will increase supply. I will get my car with the lowest COE as all the idiots bought to early and paid too much. I am smarter than all these idiots. The next COE will be the one that crashes. I am going to get my car soon. 1 Link to post Share on other sites More sharing options...
Bensky 1st Gear January 16, 2021 Share January 16, 2021 In a few months’ time, many would lament that they missed out on the low COE prices of today. So instead of hoping for lower COE prices, act now..... Link to post Share on other sites More sharing options...
ferrytales 4th Gear January 16, 2021 Share January 16, 2021 1 hour ago, Jamesc said: People live in their own fantasy world. COE is going to crash People that scrap their COE cars will never buy a car again. The gov will increase supply. I will get my car with the lowest COE as all the idiots bought to early and paid too much. I am smarter than all these idiots. The next COE will be the one that crashes. I am going to get my car soon. heng i bought my car in 2019 when coe bottomed! 1 1 Link to post Share on other sites More sharing options...
Jamesc Hypersonic January 16, 2021 Share January 16, 2021 5 minutes ago, ferrytales said: heng i bought my car in 2019 when coe bottomed! You are a very smart man 2 Link to post Share on other sites More sharing options...
Yongwd 1st Gear January 18, 2021 Share January 18, 2021 Bidding week and rather quiet here. Big coe storm arising? 🤣 1 Link to post Share on other sites More sharing options...
wlalala 4th Gear January 18, 2021 Share January 18, 2021 now still monday, still early Link to post Share on other sites More sharing options...
Lotr 6th Gear January 18, 2021 Share January 18, 2021 Last week's news report says 10% rise in sales from those ADs interviewed Link to post Share on other sites More sharing options...
wlalala 4th Gear January 19, 2021 Share January 19, 2021 10 hours ago, Lotr said: Last week's news report says 10% rise in sales from those ADs interviewed if true then coe is bound to rise again 😖 Link to post Share on other sites More sharing options...
Lotr 6th Gear January 19, 2021 Share January 19, 2021 Property market also picking up. HSK even said that the G "do not want to see the property market run ahead of the underlying economic fundamentals" Link to post Share on other sites More sharing options...
Cheekeong_7 Clutched January 19, 2021 Share January 19, 2021 Come in see see look look for tuesday 1 Link to post Share on other sites More sharing options...
Cheekeong_7 Clutched January 20, 2021 Share January 20, 2021 Bidding day! Link to post Share on other sites More sharing options...
Lotr 6th Gear January 20, 2021 Share January 20, 2021 Saw one finance blogger predict that Cat A and B prices will reach 50k and 65k by end of 2021. His analysis is based on the expected reduction in COE supply as we are entering the low supply period of the cycle, demand is still consistent as many buyers are not affected by the economic impact of Covid and some may divert their travel budget to a car. One thing he didn't mention, at least not directly, is the 5 years COE returning to the system. But one might infer that this point is addressed in the argument that there is a consistent demand. Link to post Share on other sites More sharing options...
ferrytales 4th Gear January 20, 2021 Share January 20, 2021 18 minutes ago, Lotr said: Saw one finance blogger predict that Cat A and B prices will reach 50k and 65k by end of 2021. His analysis is based on the expected reduction in COE supply as we are entering the low supply period of the cycle, demand is still consistent as many buyers are not affected by the economic impact of Covid and some may divert their travel budget to a car. One thing he didn't mention, at least not directly, is the 5 years COE returning to the system. But one might infer that this point is addressed in the argument that there is a consistent demand. Coe goes up, who happy? Gahmen happy so of course it will and should go up! Maybe few years down the road nearing erections or when coe goes up to 80k-90k like the good old 2012-2015 period then maybe come up with new measures to bring it back down. 2 Link to post Share on other sites More sharing options...
khee76 1st Gear January 20, 2021 Share January 20, 2021 this round maybe still flat or drop slightly.. still got chance to hit the CNY delivery.. Next bidding for sure go down.. who buy car before CNY. Next 2 bidding for those who brought during 11.11 sales or Dec promo.. Managed got it a good price and got 6 bidding to spare one.. dun mind CNY delivery or not... Link to post Share on other sites More sharing options...
Lotr 6th Gear January 20, 2021 Share January 20, 2021 2 minutes ago, ferrytales said: Coe goes up, who happy? Gahmen happy so of course it will and should go up! Maybe few years down the road nearing erections or when coe goes up to 80k-90k like the good old 2012-2015 period then maybe come up with new measures to bring it back down. That why's it very important to catch the right period in the cycle to buy a new car. Not sure if government will do anything to cool COE prices. Unlike housing, cars are still considered a luxury rather than a necessity. Link to post Share on other sites More sharing options...
7deadlysins Neutral Newbie January 20, 2021 Share January 20, 2021 1 hour ago, khee76 said: this round maybe still flat or drop slightly.. still got chance to hit the CNY delivery.. Next bidding for sure go down.. who buy car before CNY. Next 2 bidding for those who brought during 11.11 sales or Dec promo.. Managed got it a good price and got 6 bidding to spare one.. dun mind CNY delivery or not... Don’t think the next few biddings will see a drop in COE prices due to lesser COE quota 1 Link to post Share on other sites More sharing options...
Bry_2004 1st Gear January 20, 2021 Share January 20, 2021 time to go marginally higher again.. where is our "if coe 50k i chop didi guy" ↡ Advertisement 4 Link to post Share on other sites More sharing options...
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