COE Bidding - October 2022

[jasonboh]

What goes up will come down. 
CAT A will lead the drop first for now. 😅

[Mockngbrd]

49 minutes ago, waihoong2001 said:

SE sending me sms to quickly buy now else COE will whallop me and I regret. Sign that they know something?

faster buy!

[Kopites]

3 minutes ago, darviathan said:

yeah. hope the bro earlier on mentioned Skoda Octavia @ 138k signed and pay deposit already. if not no more such price already.

Even if he did signed there is still no guarantee he can get the car. 

[Mockngbrd]

huat ah

Edited October 19, 2022 by Mockngbrd

[Mockngbrd]

[hansmith]

29 minutes ago, darviathan said:

yeah. hope the bro earlier on mentioned Skoda Octavia @ 138k signed and pay deposit already. if not no more such price already.

$110k cat B.

unlikely he gets the COE. 

@$138k its definitely non-guaranteed COE.

Edited October 19, 2022 by hansmith

[Fitmugen]

Good news for Cat A. only 155 unsuccessful bids. Could drop substantially next round.

Cat B wise, it's up up and away!

[camrysfe]

Coe is crazy

[lexiton]

prepare for more COE price increases due to quota reduced by about 25% for next season hohoho

Edited October 19, 2022 by lexiton

[Mustank]

[Jamesc]

I happy our reserves going up.

I put up my used car prices already.

[Bensky]

Prevailing COE prices would be sustained and likely to climb given the small quota available - basic demand/supply.  Assuming if just 0.1% of population are interested and have the means to buy cars, that would already have far exceeded supply and keep prices up.

[D3badge]

1 hour ago, jasonboh said:

What goes up will come down. 
CAT A will lead the drop first for now. 😅

Jason you are quite a pretty heshe from your avatar 🤣🤣🤣

[Arogab]

1 hour ago, Mockngbrd said:

Wah, I now then see, got 2 today. Haha

[Jellandross]

2+ years ago I deposited cheque for new car at $30k coe my friends scolded me mai siao lah so expensive wait for coe to crash during covid lah. 2 years later when coe "fell" below $100k my friends exclaimed wah so cheap faster book liao!

Cheap and expensive are not real it's all in your mind 🤔

 

Edited October 19, 2022 by Jellandross

[yishunite]

1 hour ago, Fitmugen said:

Good news for Cat A. only 155 unsuccessful bids. Could drop substantially next round.

Next round quota reduce further so good luck

[jhzl]

Always here for Mockngbrd’s update 😂😂😂

[Fitmugen]

11 minutes ago, yishunite said:

Next round quota reduce further so good luck

The actual month when the quota reduce usually starts with a drop. With no new Cat A models released, coupled with school exam period, I think we can see $75k if not lower.