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COE Bidding – February 2022


Carbon82
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Borrowed @RadX's favourite gif, 

3D69C1FC-CD0C-46A4-89ED-87690697EB5A.gif

Or everyone's like @Jamesc, relaxing in one corner to decide what is the ideal buy / sell price (for their new / used car)?

Oh I forgot, maybe many are still waiting for Friday Toto draw... :D :D  

[flowerface]Community Service brought to you by MCF[flowerface]

[sunny]Good Luck to all vested![sunny]

3 useful links for our dear MCFers:
=> Real Time COE Bidding Results
=> Check Your COE Bidding Status
=> Latest COE Prices and Trending
 

 

The details of the February 2022 1st open bidding exercise for Certificates of Entitlement (COEs) are as follows:

Tender opens: Monday, 7 February 2022, 12 noon
Tender closes: Wednesday, 9 February 2022, 4.00 pm
Tender results: Wednesday, 9 February 2022
 
(Available on the www.onemotoring.lta.gov.sg website)

The total quota available for this tender is 1,758 for the following vehicle categories:

NON-TRANSFERABLE CATEGORIES
Category A : Cars (up to 1600cc & 97kW (130bhp)) => 542
Category B : Cars (above 1600cc or 97kW (130bhp)) => 550
Category D : Motorcycles => 406

TRANSFERABLE CATEGORIES
Category C : Goods Vehicles and Buses => 80
Category E : Open Category => 180

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COE quota cut beginning from Feb 7 bidding

3 wk break from last bidding

AD CNY open house deals

SG's national car, the C-Class just launched

PML pushing out Singapore Airshow BMWs

So I'm guessing COE gonna crash?...........

 

 

 

 

............thru the roof

 

 

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24 minutes ago, Soundphile said:

But sales agents are telling people COE will not come down! 😁

I don't think there's ever been a time where SE tells customers that COE will drop..

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25 minutes ago, Soundphile said:

But sales agents are telling people COE will not come down! 😁

I visit the showroom last weekend and say the same to sales agent. I will not buy if COE won't come down. Haha

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Covid ending in March.

Don't buy now when economy open up the price will go even higher.

:D

Please don't feel I putting pressure to make people buy now.

People will always buy car. It just whether they pay more or a lot lot more.

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Btw car dealers do not benefit from high COE.

We don't get the money.

Only ah gong gets it.

:D

If people still say we pakat to raise COE price ask yourself how do we benefit?

Its not like we get a cut of the COE so if it's higher we get more!

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COE topic is not so hot like many years ago, so it is easier for me to secure a place in page 1 than in the reckless drivers thread.🤭

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28 minutes ago, Kopites said:

Budget announcement soon.

Expect the unexpected with pending gst increment. 

If GST going to increase, does it mean car will be more ex? So buy before GST increase? 😅

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Turbocharged
2 hours ago, Tkseah said:

I don't think there's ever been a time where SE tells customers that COE will drop..

car sale agents: COE will not drop one... buy now or regret!

property agents: property prices will not drop one... buy now or regret!

stock remisiers: stock markets will not drop one... buy now or regret!

😂

same same but different

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