COE Bidding – January 2021

[7deadlysins]

Predicting Cat A and B COE price will drop 1-3% in each of the next 3 bids. Total number of bids seem to be on a downward trend.

[Powxus]

Hard to say as COE quota is going to be reduced by 11% from Feb.

[Spring]

31 minutes ago, 7deadlysins said:

Predicting Cat A and B COE price will drop 1-3% in each of the next 3 bids. Total number of bids seem to be on a downward trend.

Whilst it is true that number of bids have shrunk, available COE over the next few mths are also lesser so your prediction seems abit optimistic to me. Let’s see.

[BobbyTan_74287]

Looking at today Straits Times so many cars promotion, people may cheong to cars showroom and see see and may buy buy. So COE maybe will just stay at current level as I believed dealers now quite cautious to avoid COE go above current level.

[ferrytales]

On 1/8/2021 at 9:53 AM, BobbyTan_74287 said:

Oh, either from the SE or from the price list. Your SE will tell you the COE rebate level. 

Lol when kmc was selling the avante 2019/2020, rebate level 23k. 

[Cheekeong_7]

On 1/10/2021 at 11:55 AM, ferrytales said:

Lol when kmc was selling the avante 2019/2020, rebate level 23k. 

This kind of rebate level is for show only... 

[Cheekeong_7]

On 1/8/2021 at 10:40 AM, 7deadlysins said:

Predicting Cat A and B COE price will drop 1-3% in each of the next 3 bids. Total number of bids seem to be on a downward trend.

We shall see! I think price will hold.. At least for the next few bids... 

[awhtc]

Fewer COEs in Feb-April quota

SINGAPORE - There will be 12.8 per cent fewer certificates of entitlement (COEs) for car buyers and sellers in the next three-month quota period starting from February.

https://www.straitstimes.com/singapore/transport/fewer-coes-in-feb-april-quota

[Newkid]

40 minutes ago, awhtc said:

Fewer COEs in Feb-April quota

SINGAPORE - There will be 12.8 per cent fewer certificates of entitlement (COEs) for car buyers and sellers in the next three-month quota period starting from February.

https://www.straitstimes.com/singapore/transport/fewer-coes-in-feb-april-quota

looks like higher prices on the horizon!

[Didu]

[Jamesc]

Faster buy now before the cut in COE.

[BobbyTan_74287]

2 hours ago, Jamesc said:

Faster buy now before the cut in COE.

Then COE sure will rise up higher and higher. Oh no.

[Ho2786]

LOL

COE will drop

LOL

[Lotr]

We are just at the start of the COE supply drought.  Based on 10 years cycle, COE was the highest around 2012 and 2013.

The only hope for higher supply is the expiring 5 years COE renewals AND assuming these owners switch to other modes of transport.

 

[Roh96]

On 1/13/2021 at 9:36 PM, awhtc said:

Fewer COEs in Feb-April quota

SINGAPORE - There will be 12.8 per cent fewer certificates of entitlement (COEs) for car buyers and sellers in the next three-month quota period starting from February.

https://www.straitstimes.com/singapore/transport/fewer-coes-in-feb-april-quota

Some people in this forum still believe COE supply will remain stable bcos there are many 5 year COE renewal and these cars will soon have to be scrapped.   

[Jwee85]

deleted/////

 

 

Edited January 15, 2021 by Jwee85

[awhtc]

11 hours ago, Lotr said:

We are just at the start of the COE supply drought.  Based on 10 years cycle, COE was the highest around 2012 and 2013.

The only hope for higher supply is the expiring 5 years COE renewals AND assuming these owners switch to other modes of transport.

 

PHVs are coming in to replace their COE cars as well over the next 1-2 years. 

[Lotr8445r]

On 1/15/2021 at 11:17 AM, Roh96 said:

Some people in this forum still believe COE supply will remain stable bcos there are many 5 year COE renewal and these cars will soon have to be scrapped.   

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?