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COE Bidding – April 2021

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5th Gear
9 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

the best time to buy car is NOWWWWW!!!! buy, buy, buy....:XD:

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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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Moderator
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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5th Gear (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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5th Gear
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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5th Gear

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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6th Gear
23 minutes ago, awhtc said:

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).

Uh COE price already went up $10k in the past year... so... ur prediction already came true... or rather its not a prediction anymore 😛

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Twincharged
12 hours ago, yishunite said:

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

People laughed at my $30k COE a year back as "impulse buying". Now those people stopped chatting with me for some reason. So sad.

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Neutral Newbie
12 hours ago, Ho2786 said:

don't worry lah.

COE  will drop wan.

if you wait long enough it will drop wan.

Dunno wait till when and even if its the case... as recent history has shown, ah gong wouldn't let it crash. Its one of their 'cash cows' :)

 

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3rd Gear

don't worry lah

coe will drop wan

in 5 or 6 years it will drop wan

Tan Ku Ku sure drop wan

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Neutral Newbie

Seems that in COE biddings, initially people are acting rationally in putting up only $1.

Only till the last hours before closing monkeys came in and messed up the tranquility. :/

So if all can keep calm and rational and not be overcame with anxiety or desperation then we will have $1 COE price and the LTA and govt can go lick their asses.

Let us suppress our desire and anxiety and hope for the $1 coe days. Thumbs up then:)

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6th Gear
32 minutes ago, zoobezombe said:

Seems that in COE biddings, initially people are acting rationally in putting up only $1.

Only till the last hours before closing monkeys came in and messed up the tranquility. 😕

So if all can keep calm and rational and not be overcame with anxiety or desperation then we will have $1 COE price and the LTA and govt can go lick their asses.

Let us suppress our desire and anxiety and hope for the $1 coe days. Thumbs up then:)

Doesn't work that way. Demand and supply. ADs collected orders that are based on a certain COE price. So they will bid at that COE to fill the order.

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3rd Gear

@Ho2786 new S Class is coming. So, Cat B will go up.  Basically, Cat A buyers are more budget cautious.

Whatever go up, it will come down. I have waited 2 years. And  I bought my SX Cerato at 88K in 2018.

If you are budget tight, don't chong. Especially, Cat B.

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2nd Gear (edited)
23 hours ago, BobbyTan_74287 said:

Anyone got their COE this round?

I got my cat A COE - first bid.

Edited by Owen_fan

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Hypersonic
2 hours ago, zoobezombe said:

Seems that in COE biddings, initially people are acting rationally in putting up only $1.

Only till the last hours before closing monkeys came in and messed up the tranquility. :/

So if all can keep calm and rational and not be overcame with anxiety or desperation then we will have $1 COE price and the LTA and govt can go lick their asses.

Let us suppress our desire and anxiety and hope for the $1 coe days. Thumbs up then:)

It was me.

I always out in a $1 so I can get the car cheap for my buyers

but all the monkeys keep bidding more and more.

:D

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Hypersonic

COE will go up a lot more soon.

Faster book your PI car with me now.

:D

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Twincharged
8 hours ago, mikk123 said:

the best time to buy car is NOWWWWW!!!! buy, buy, buy....:XD:

$bye $bye $bye

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3rd Gear
3 hours ago, Twich said:

@Ho2786 new S Class is coming. So, Cat B will go up.  Basically, Cat A buyers are more budget cautious.

Whatever go up, it will come down. I have waited 2 years. And  I bought my SX Cerato at 88K in 2018.

If you are budget tight, don't chong. Especially, Cat B.

I salute you

best things in life have to wait long long

 

 

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