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


awhtc
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58 minutes ago, awhtc said:

 

The writer may not always be correct.  The demands for Cat B, D and E are high and quotas are still being reduced.  2021 to 2023 will be tough years for non-luxury car dealers.

 

yes, I did some checking before and was shocked to see the sales volumes tumble badly  even for the likes of Toyota , Honda etc - this was during the low coe quota period.  i expect the same will happen again.  heards some ad like komoco had already halved their sales force. maybe they will even cut some more frontline staff again. 

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2 hours ago, Gz0707 said:

yes, I did some checking before and was shocked to see the sales volumes tumble badly  even for the likes of Toyota , Honda etc - this was during the low coe quota period.  i expect the same will happen again.  heards some ad like komoco had already halved their sales force. maybe they will even cut some more frontline staff again. 

Managed to pull up the previous numbers.  even the great Toyota dropped from 20% market share to 12% during low COE season. Imagine a grand total of 942 Honda cars sold in 2011 and only 515 sold in 2012 - luxury conti brands retain their volume and hence increase their market share instead.  Very interesting to see of this is repeated again.  Pls feel free to verify, I rem getting these nos from LTA. 

MERC BMW.jpg

Edited by Gz0707
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On 10/24/2021 at 3:51 PM, Ho2786 said:

We shall bid on the beaches,

we shall bid on the landing grounds,

we shall bid in the fields and in the streets,

we shall bid in the hills;

we shall never give up bidding,

until they trample over our dead bodies.

 

this is the result of watching a war movie and posting on mcf

would be interesting to see what you post when you are watching japanese education movie instead

🤣

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3 hours ago, Gz0707 said:

yes, I did some checking before and was shocked to see the sales volumes tumble badly  even for the likes of Toyota , Honda etc - this was during the low coe quota period.  i expect the same will happen again.  heards some ad like komoco had already halved their sales force. maybe they will even cut some more frontline staff again. 

The Hyundai Avante elite now is already selling at more than 100k, almost the same price when I bought the Hyundai Elantra elite in 2016 when Cat A COE is at 50k. 

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So tell me, tell me, am i right once again! 😂🤣😎

$10k per month salary is entry level , please…….told you that

$5k pm is the poor of today.  Told you that.  Face your reality.

 

Tolong Tolong please let COE go up to $150k by mid 2022.  And $200k by 2023.

yeah yeah yeah……..

 

muayhahhahhahha

Edited by Throttle2
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47 minutes ago, Throttle2 said:

So tell me, tell me, am i right once again! 😂🤣😎

$10k per month salary is entry level , please…….told you that

$5k pm is the poor of today.  Told you that.  Face your reality.

 

Tolong Tolong please let COE go up to $150k by mid 2022.  And $200k by 2023.

yeah yeah yeah……..

 

muayhahhahhahha

Yeah, we know you are rich.

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20 minutes ago, Ingenius said:

Yeah, we know you are rich.

You are missing the point.  I am realistic about things, rich or not, its all relative.

Also, i dont consider myself rich.  Just can do.

I just like to give people wakeup call.  😃

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4 minutes ago, PandaNeverDie said:

Car prices in Singapore are really too expensive, even used car.
I used to buy a Bentley in Dubai with a 50K SGD, so  i still can not face to the price Singapore

$50K? here can only buy Bentley 4 rims exclude tyres ... lol

Edited by Wt_know
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17 minutes ago, neoki_29 said:

Wrong, here can get you paper called CatA

The average course fees of local universities certificates are also less than a CatA cert.😏

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They need to bring back the old 3000cc and above Cat lah.

Saying Conti 1.6 130+ hp fighting with Mazda 3 or Vios is unfair.

Isnt it more unfair that Mazda 6 or Conti 1.5 150hp have to fight Lambo and Bentleys?

Change the damn Cat E to 3000cc and above.

Weekly live bidding at Lido Palace stage. Let towkays hang happy happy.

Edited by Ake109
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3 hours ago, Ake109 said:

They need to bring back the old 3000cc and above Cat lah.

Saying Conti 1.6 130+ hp fighting with Mazda 3 or Vios is unfair.

Isnt it more unfair that Mazda 6 or Conti 1.5 150hp have to fight Lambo and Bentleys?

Change the damn Cat E to 3000cc and above.

Weekly live bidding at Lido Palace stage. Let towkays hang happy happy.

And happy towkays give big tips.😉

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With our environment targeting less carbon, COE are not going to be cheaper with the addition of lesser availability. With the introduction of EVs, which is more of a hype than needs, these EVs price are not going to be "affordable" like the usual bread and better cars. We are moving towards "only the rich" can and will not be affected society.

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