Carbon82 Moderator May 5, 2022 Share May 5, 2022 Didn't know that it has started on Wednesday, and the bidding exercise will end this afternoon. High chance COE premium will continue to soften this round. Community Service brought to you by MCF Good Luck to all vested! 3 useful links for our dear MCFers: Real Time COE Bidding Results Check Your COE Bidding Status Latest COE Prices and Trending Trend Chart (Jan 2020 - Mar 2022) *chart taken from www.sgcarmart.com The details of the May 2022 1st open bidding exercise for Certificates of Entitlement (COEs) are as follows: Tender opens: Wednesday, 4 May 2022, 12 noon Tender closes: Friday, 6 May 2022, 4.00 pm Tender results: Friday, 6 May 2022 (Available on the www.onemotoring.lta.gov.sg) The total quota available for this tender is 2,001 (+245) for the following vehicle categories: NON-TRANSFERABLE CATEGORIESCategory A : Cars (up to 1600cc & 97kW (130bhp), fully electric car up to 110kW (147bhp)) => 612 (+80)Category B : Cars (above 1600cc or 97kW (130bhp), fully electric car above 110kW (147bhp)) => 527 (-33)Category D : Motorcycles => 563 (+159) TRANSFERABLE CATEGORIESCategory C : Goods Vehicles and Buses => 104 (+28)Category E : Open Category => 195 (+11) ↡ Advertisement 10 Link to post Share on other sites More sharing options...
Wildfaye29 Turbocharged May 5, 2022 Share May 5, 2022 Woohoo Up up down down up up down! 1 Link to post Share on other sites More sharing options...
Sdf4786k Twincharged May 5, 2022 Share May 5, 2022 I suppose it’s going to stay sideway. having a plunge only when the sales order is down. no stock or rather still tight supply, every AD in town would rather jack up price so high that you will not consider the model. When stock arrives , gives huge discount to give the illusion that it’s moderated and good time to buy with 30 to 40k discount.. win win situation Link to post Share on other sites More sharing options...
Jamesc Hypersonic May 6, 2022 Share May 6, 2022 Decrease in supply coming it will go up. Link to post Share on other sites More sharing options...
Jamesc Hypersonic May 6, 2022 Share May 6, 2022 I am a car dealer so some people will say - he will say that wouldn't he. 23 minutes ago, Jamesc said: Decrease in supply coming it will go up. Link to post Share on other sites More sharing options...
mersaylee Supersonic May 6, 2022 Share May 6, 2022 Fuel prices up, supply down, inflation up, borders open up, office doors open up, hdb resale prices up...coe sweet spot in 2-3 more rounds...hahaha 😁 1 Link to post Share on other sites More sharing options...
Dilemma 5th Gear May 6, 2022 Share May 6, 2022 37 minutes ago, mersaylee said: Fuel prices up, supply down, inflation up, borders open up, office doors open up, hdb resale prices up...coe sweet spot in 2-3 more rounds...hahaha 😁 https://www.channelnewsasia.com/singapore/coe-quota-11951-lta-bidding-may-july-electric-vehicles-2625346 supply down ??? Link to post Share on other sites More sharing options...
13177 Supersonic May 6, 2022 Share May 6, 2022 Even now petrol price go up but still would not deter people continue to buy new cars la. Coe will maintain the same, or shoot up to 100k. Lol. Link to post Share on other sites More sharing options...
Daniu82 Supercharged May 6, 2022 Share May 6, 2022 I also feel that Cat B won't shoot up to 100k liao. Missed the chance to see it becoming 100k. Hope it will gradually come so I can change car next year or in 2024. 1 2 Link to post Share on other sites More sharing options...
mersaylee Supersonic May 6, 2022 Share May 6, 2022 20 minutes ago, Dilemma said: https://www.channelnewsasia.com/singapore/coe-quota-11951-lta-bidding-may-july-electric-vehicles-2625346 supply down ??? Then there's only one direction...up all night...😁 1 Link to post Share on other sites More sharing options...
Jamesc Hypersonic May 6, 2022 Share May 6, 2022 1 hour ago, mersaylee said: Fuel prices up, inflation up, borders open up, office doors open up, hdb resale prices up...coe sweet spot in 2-3 more rounds...hahaha 😁 Yah lah everything up how can COE come down? Link to post Share on other sites More sharing options...
Jamesc Hypersonic May 6, 2022 Share May 6, 2022 All my customer come to see me and tell me I think COE will come down because they want to change car. This is called wishful thinking. They want to buy car so they WISH COE comes down. 1 2 Link to post Share on other sites More sharing options...
Daniu82 Supercharged May 6, 2022 Share May 6, 2022 12 minutes ago, Jamesc said: All my customer come to see me and tell me I think COE will come down because they want to change car. This is called wishful thinking. They want to buy car so they WISH COE comes down. Ask them buy Toyota Wish then they will get their WISH. Haha. 3 Link to post Share on other sites More sharing options...
Yongwd 1st Gear May 6, 2022 Share May 6, 2022 Borders open, will that affect COE due to less car sales? Lets see results later. Link to post Share on other sites More sharing options...
sg100179 Clutched May 6, 2022 Share May 6, 2022 It should come down this round, given the border opening up so there's other avenue to spend the money!!! The high is over the top to start turning the downward trend. Link to post Share on other sites More sharing options...
Arogab Turbocharged May 6, 2022 Share May 6, 2022 The border opens. My 2 bosses' wife have many chances to go into Malaysia and they go around buy another car for the wife to drive into Malaysia. And then they also buy again cos their younger son or daughter also grown up and also need car. They buy cars like buying candies. How COE dropped. Last round 2 brothers got one sick mother. But both go buy one car each and say they ferry their mother around. Like this also can. 1 1 Link to post Share on other sites More sharing options...
Melody288 2nd Gear May 6, 2022 Share May 6, 2022 Cat B may go up this round. Mazda just up their CX8 prices by $4k this morning. Link to post Share on other sites More sharing options...
Soundphile 2nd Gear May 6, 2022 Share May 6, 2022 36 minutes ago, Melody288 said: Cat B may go up this round. Mazda just up their CX8 prices by $4k this morning. good observation ↡ Advertisement 2 Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
Cars at Expo - Apr 2024
Cars at Expo - Apr 2024
COE Bidding - March 2024
COE Bidding - March 2024
Singapore ‘open to’ idea of one-off rise in vehicle population
Singapore ‘open to’ idea of one-off rise in vehicle population
Used Car Dealers Feedback (Part 2)!
Used Car Dealers Feedback (Part 2)!
2022 3rd Generation Toyota Sienta
2022 3rd Generation Toyota Sienta
2022 4th Generation Toyota Noah & Voxy
2022 4th Generation Toyota Noah & Voxy
Sell by bidding - BEST price from 500 car dealers in 1 day
Sell by bidding - BEST price from 500 car dealers in 1 day
2024 COE trend..
2024 COE trend..