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COE Bidding – April 2022


Carbon82
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21 minutes ago, Kar_lover said:

Not sure i understand your reply. Precisely that i don't think there are many 110kW EV are sold, so the fact that they are moving to Cat A next month does not explain the drop in Cat B today. Also as there will a drop in Cat B (-46) which is more than the increase in Cat E (+19) next 3 months (May to Jul 22), Cat B and E should have continued to increase today, not decrease.

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It was a projection. Today's CAT B drop is done deal. Last fortnight already drop 500.  Less bids means less demand. Dont think dealers hoard COEs it make sense for them to bid as low as possible but fulfil the order at the highest agreed price.

Next month Cat A and B will be interesting. How many 110kW EVs will shift from B to A? What models are out there?

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23 minutes ago, mikk123 said:

should let individual bid....dealers are too smart to play around the system. Who knows? maybe there is no demand, the real COE level is around 10k or 20k only. 😁

I have been talking about COE bidding with Singpass for the longest time.

No sane person will bid high especially when the bidder has to pay $20k deposit.

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44 minutes ago, mikk123 said:

should let individual bid....dealers are too smart to play around the system. Who knows? maybe there is no demand, the real COE level is around 10k or 20k only. 😁

dealer smart ? no , it is the government who is smart . If they change the COE system to individual bidding, their pocket will be hurt. 

Edited by Ct3833
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1 hour ago, midnightclub2 said:

@ER-3682 hold at 10K also not your profit (dealer quietly keep the change)

Oops then those who booked their Cars 2 Biddings ago...damm bad luck.

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38 minutes ago, Bensky said:

Here on with more COE from next month onwards, this is the start of price decline.  Happy news for all….

Cat B+E total is still effective decline in quota. And rich ppl still got deep pockets. But if enough PHV company can find their cars in Cat A maybe got hope

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Just now, Jamesc said:

Now is a good time to buy.

COE fall down.

:D

Haha 100k, drop by 1k is good time to buy? 

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Just now, Ct3833 said:

Haha 100k, drop by 1k is good time to buy? 

Save 1k is a lot right?

:D

Who say $1k is small money, can I take a small loan from you?

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2 minutes ago, Jamesc said:

Save 1k is a lot right?

:D

Who say $1k is small money, can I take a small loan from you?

1k is not a lot to me but 98k is.😅😅😅

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Supersonic
2 hours ago, ER-3682 said:

Hope 1 Day some Computer Hacker,Hack into LTA Computer System on Bidding Day...hold the amount at $10,000...🤣

They say that even in a nuclear war, 3 things will survive:

1. Cockroach

2. ERP Gantry

3. COE bidding system network 

 

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5 minutes ago, Soya said:

They say that even in a nuclear war, 3 things will survive:

1. Cockroach

2. ERP Gantry

3. COE bidding system network 

 

4 things: GST still can raise 

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