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COE Bidding – August 2021


Carbon82
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6 minutes ago, Wtgoesmydasdy said:

Is there something wrong with OneMotoring website. So few bids still!!!

Its tomorrow.

:D

Edited by Jamesc
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8 hours ago, Jamesc said:

New car and used car is like branded perfume and 3 bottles for $10 type.

Both are perfumes and both smell nice.

But ladies that buy the branded perfume $70 - $100 type will never buy the 3 for $10 type.

No matter how reasonable the used car price it cannot move while new cars are flying out the showroom.

 

Used cars were moving very fast in May / June. But suddenly slowed down in July. Just need to look at the statistics for number of cars sold over past 3 months in sgcarmart for each dealer and the trend is obvious. Some who sold 30 cars each in May and June sold only 10 in July.

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8 hours ago, Jamesc said:

SG got 2 types of car buyers.

Got money or no money.

Got money type go AD put down deposit.

No money type come used car dealer ask this, ask that then say I will think about it and never see them again.

There is the third.  The one that go for coffee and biscuits only.  True story.

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10 minutes ago, Philipkee said:

There is the third.  The one that go for coffee and biscuits only.  True story.

I like that kind.

Came for the free biscuits, saw a car he like,

immediately sign on the dotted line.

:D

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Should be $1k-2k higher...

A lot of backlog from previous bidding and also quota is reducing this month.

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50 minutes ago, Imac said:

Lai liow.....Cat A and B bidding started flowing in.  Everyone huat arh..🤑

 

Hmmm seems bids are coming in earlier compared to previous round. But could be just bids at $1

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49 minutes ago, Scion said:

woooh next week 7th month, prices should go down further?

Yes, everybody is saying that it will be lower in 7th Month...

That's why, EVERYBODY is going to bid...

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