Cat B COE continues upward rise, and supply for upcoming quarter expected to shrink significantly

[Ct3833]

7 minutes ago, Phang said:

@Ct3833 

I booked a car, one bid guaranteed

sales guy said will bid aggressive today

sorry guys 😁

Haha it is your money, but good that you are being  assured to be getting your new car soon. 

[Gnahp]

@Ct3833 

I got to break this cycle of car changing

my current car also kena high COE at $78k in 2012

now the history is repeating after 10 years

[Roh96]

1 minute ago, Phang said:

@Ct3833 

I got to break this cycle of car changing

my current car also kena high COE at $78k in 2012

now the history is repeating after 10 years

Just curious..why choose to enter now and not one year ago?

Those who entered last year now laughing...

[Lotr]

2 minutes ago, Phang said:

@Ct3833 

I got to break this cycle of car changing

my current car also kena high COE at $78k in 2012

now the history is repeating after 10 years

History is gonna repeat unless government allows growth in car population

[Daniu82]

Just now, Roh96 said:

Just curious..why choose to enter now and not one year ago?

Those who entered last year now laughing...

I entered in 2019, Cat B only at 35k. 

[Lotr]

1 minute ago, Roh96 said:

Just curious..why choose to enter now and not one year ago?

Those who entered last year now laughing...

After CB was the best deal, who would have expected?

[may_dream]

5 hours ago, shrjun said:

Noob question - if the COE is 60k ,were there 60000 people bidding for this COE.Doesn't it start at $1 and then rise ( like an eBay bid 😃 ) 

No lah, not everyone will increase $1 per bid. AD might bid for you at 60k so it will jump from $1 to 60k in 1 bid. 

[Gnahp]

@Roh96 

last year don't have the car that I want

[awhtc]

2 minutes ago, Daniu82 said:

I entered in 2019, Cat B only at 35k. 

 

My 2019 Cat B COE was around $31k+ and my 2019 Cat A COE renewal was about $26k 😁

But I need to start saving up now for their renewals in 2029 😅

[Superamd]

looking at the COE price, COVID-19 means nothing to the economy still plenty of rich man in Singapore. 

[Mustank]

1 hour ago, darviathan said:

My guess for today result Cat A 49k Cat B 70K.

Wah!!! Top player!!!

[Wildfaye29]

@Carbon82 missing your thread

totally forgot about coe bidding

better late then never!

up u down down up up down!

[13177]

4 minutes ago, Phang said:

@Roh96 

last year don't have the car that I want

So did you got your coe? Cat B is $70k.

[shrjun]

6 minutes ago, may_dream said:

No lah, not everyone will increase $1 per bid. AD might bid for you at 60k so it will jump from $1 to 60k in 1 bid. 

Isn't that a foolish way of doing things though.just pay money to G for  ' nothing '

[Brass]

2 hours ago, ZMC said:

All his suggestions got rejected by Baey !! $9k COE is good for govt coffers !!

It's more likely Baey and coy don't want to hassle LTA.

It's not like they benefit from it and motorcycle Coe is a drop of water in the deep blue sea, so why bother?

Just let MP Faisal rant in parliament and then screw him over saying that this cannot...that cannot and at the end of the day the COE system is still the best.

[may_dream]

1 minute ago, shrjun said:

Isn't that a foolish way of doing things though.just pay money to G for  ' nothing '

It’s just how desperate the AD wants to sell the cars to buyers. 

[Gnahp]

@13177 

I booked the car with guaranteed COE/one bid/Open Cat

should got it gua 

[Vulkan]

3 minutes ago, may_dream said:

It’s just how desperate the AD wants to sell the cars to buyers. 

Not only that, some people willing to pay more to get guaranteed COE so the dealer has to get the COE by hook or by crook.