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COE Bidding – April 2022


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

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

3 useful links for our dear MCFers:

Trend Chart (Jan 2020 - Mar 2022) *chart taken from www.sgcarmart.com

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

Tender opens: Monday, 4 April 2022, 12 noon
Tender closes: Wednesday, 6 April 2022, 4.00 pm
Tender results: Wednesday, 6 April 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)) => 536
Category B : Cars (above 1600cc or 97kW (130bhp)) => 550
Category D : Motorcycles => 407

TRANSFERABLE CATEGORIES
Category C
: Goods Vehicles and Buses => 85
Category E : Open Category => 180

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Hypersonic

100k likely to be breached at some point

whether sustainable or not depends remains to be seen 

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5th Gear
5 minutes ago, awhtc said:

Cat A has the EVs pushing up the price.  Cat B/E may take a breather.

but still breath above 100k 😂😂😂

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6th Gear
17 minutes ago, Watwheels said:

S$100K can buy a fully loaded Tesla model 3 in the US.

don't compare with other country lah.... No compare, no damage 

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Twincharged
8 minutes ago, mikk123 said:

don't compare with other country lah.... No compare, no damage 

ya lor. no end to comparison.....

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Sorry noob question here. If I bid for my own COE, will dealers just sell me the vehicle? I called a few dealers and they said they do not sell without COE.

I was told the risk that if I win a COE bid I need to register a car within 6 months or lose the COE.  So is it possible to buy a car first and then bid for COE?  Are dealers or importers able to keep the car for you off the road in their warehouse for let's say 1-2 months while you bid for a COE?  Not worth it as high storage charged?

Thanks.  

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6th Gear
1 hour ago, 13177 said:

Cat B no 100k no talk.

100k no talk? cheap lah. with so many rich in SG, 200k COE will be new norm. 

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Twincharged
2 hours ago, VictorLim said:

Sorry noob question here. If I bid for my own COE, will dealers just sell me the vehicle? I called a few dealers and they said they do not sell without COE.

I was told the risk that if I win a COE bid I need to register a car within 6 months or lose the COE.  So is it possible to buy a car first and then bid for COE?  Are dealers or importers able to keep the car for you off the road in their warehouse for let's say 1-2 months while you bid for a COE?  Not worth it as high storage charged?

Thanks.  

you need to talk to the PI to make sure they will sell you at a certain price, before you go bid . for sure there are some who are willing to sell without coe.

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Hypersonic

I can sell without COE if people want.

:D

Now got Causeway open up sales from jamesc quality used cars.

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