COE Bidding – May 2022

[Philipkee]

3 hours 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.

Nah. Some say this as an excuse to stay longer while they munch biscuits and drink the coffee 

True story.

Thinking of buying electric vehicle Liao.  Maybe in a few years.  But none of the electric car showrooms have good coffee and biscuits (  MG).  Only KM, KMC and Wearnes.  Surprisingly nothing nice in Lamborghini. Audi so so.  Mercedes and BMW so so...

 

[inlinesix]

So fast Page 2

[Tianmo]

Cat A go back above $70k

Cat B go back up to $94K.  

Cat E go back to test $99K

Long Zhong up up up!!! 

Tok ah tok ah,  wu lang ai tok boh? 

 

 

Edited May 6, 2022 by Tianmo

[13177]

1 hour ago, Philipkee said:

Nah. Some say this as an excuse to stay longer while they munch biscuits and drink the coffee 

True story.

Thinking of buying electric vehicle Liao.  Maybe in a few years.  But none of the electric car showrooms have good coffee and biscuits (  MG).  Only KM, KMC and Wearnes.  Surprisingly nothing nice in Lamborghini. Audi so so.  Mercedes and BMW so so...

 

You so fast already recee those showroom selling EV if they have nice coffee and biscuits ah? I never go to many car showroom, but so far seems like KMC served the best food stuff? Last time even have buffet for lunch and tea break.

[13177]

12 minutes ago, Tianmo said:

Cat A go back above $70k

Cat B go back up to $94K.  

Cat E go back to test $99K

Long Zhong up up up!!! 

Tok ah tok ah,  wu lang ai tok boh? 

 

 

You tok so much, so still means cannot see 100k coe la? 

[darviathan]

Maybe cat A will go up and cat B will go down abit?

[Jamesc]

Cat B is inelastic.

If you can put down 100k for Car B

If it falls to 90k or go up to 110k

you are NOT going to cancel your order.

Cat A is elastic goes up to 80k and many people drop out.

Falls to 35k and you see people queuing outside my shop around the block.

This is why I don't want to see EVs in Cat A. 

[Soundphile]

Breaking $1 any time now...

[Yongwd]

[Yongwd]

[Jamesc]

I just bid Cat A 69,007

[Jamesc]

Someone just outbid me 70k

[Yongwd]

[13177]

Coe dropped le. So no more 100k coe liao. Lol.

[Jamesc]

Who go and bid 70,901

$1?

[Daniu82]

1 minute ago, mikk123 said:

haha...our government scholar are really tip top in extracting more money from the ground. Just as Cat A quota increase, they include more battery car in this category, then push up the Cat A price all over again..... 🤣 

Definitely!! Increase quota for Cat A but put more EVs there then huat on both Cat A and B. 

[Recharging]

Cat B super interesting. For a good 5 minutes, everyone was pakat dont dare to cross $90,003. Bid count going up but premium static. Furthermore seems like many individual bidders this time.

April 2nd bid: Quota 550 Received 687
May 1st bid:   Quota 527 Received 699 (+12)

Clearly got some people die die must have car next week, make everyone pay $2k more.

[Scion]

look like some buyers are spooked by PM Lee's recession warning? 😁

see next round will test 100k level again a not