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COE Bidding – April 2021


Carbon82
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11 minutes ago, RadX said:

well done...what ride this time?

 

oh...LCI G30...nice

The all seeing hantu 😂

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1 minute ago, BobbyTan_74287 said:

Congratulation!!!

This was in March..1st bid hahha

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(edited)
2 hours ago, wlalala said:

wah contines to rise

my jan coe starting to look like a bargain

Mid 2019 coe is lelong sale already!

Edited by ferrytales
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1 hour ago, ferrytales said:

Mid 2019 coe is lelong sale already!

I thought my $30k COE was a bad deal until last year then realise its a good deal 🤣

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The same may be said of today’s prices in a few months time. Buy while stocks last and before higher COE prices!

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Neutral Newbie

Coe prices are expected to raise even further in the next few months ahead due to projected lower coe quota + economy recovery from covid

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5 minutes ago, Ho2786 said:

don't worry lah.

COE  will drop wan.

if you wait long enough it will drop wan.

Lol will it drop more than it goes up? 😂

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Supersonic
10 hours ago, Tzehou said:

Coe prices are expected to raise even further in the next few months ahead due to projected lower coe quota + economy recovery from covid

COE already increased during when covid still quite bad liao. Lol.

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9 hours ago, Ho2786 said:

don't worry lah.

COE  will drop wan.

if you wait long enough it will drop wan.

yeah. hahaha. same theory as my durain.

Durain will drop one, as long as you wait long enough, durain will drop one. 🤣

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(edited)
9 hours ago, Ho2786 said:

wait a few years lah it will drop wan

10 years? 😁

Here on out will be the lean COE quota years.

Edited by Atachi
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9 hours ago, Ho2786 said:

wait a few years lah it will drop wan

Reverse psychology.... ask everyone wait so you got less competition and buy car yourself 😂

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Since there was no more overseas leisure travel since 2020 and also likely so in 2021 and 2022, a family can easily save $5-10k per year x 3 years = $15-30k.  Hence, current COE prices with a reduced quota (with reference from 1st quarter 2020) seem to be quite reasonable.  If the low quota is sustained for another 1-2 quarters, there might be room for the COE prices to move up by another $5-10k simply based on the overseas trip savings and stronger confidence in the economy (PMI >50).

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