COE Bidding - December 2023

[Brass]

On 1/6/2024 at 4:58 PM, 13177 said:

Passed by hyundai car showrm, many people inside. 😂

I think they're renovating, the showroom lacks cars and was half empty when I was there on the 4th.

Btw Volvo coffee nth to call home about.

[RadX]

On 1/6/2024 at 7:10 PM, Mkl22 said:

Stolen in malaysia better? 🤪

Msian also duwan 

 

cannot run away

[Fitmugen]

If you are trading in a fairly new car to buy a new car now, frankly there is not much savings. The trade in price now will be very low as the 2nd hand car dealers won’t dare to offer high liao. Their own stock will be stuck for up to 6 months.

But if you are buying your first car, then mai tu liao! After election it’s up up up back to $150k COE.

[Tohto]

On 1/6/2024 at 5:21 PM, 13177 said:

Kimchi cars now no longer budget. 😅

Kimchi car already on par or better than Japanese car. How to be budget.

 

[Hellflame]

hi guys, my COE honda fit is due to scrape this coming April 2024.

With CAT A at 65,000 Coe, isit recommended to shop for new cars now?

 

[Brass]

On 1/6/2024 at 11:41 PM, Hellflame said:

hi guys, my COE honda fit is due to scrape this coming April 2024.

With CAT A at 65,000 Coe, isit recommended to shop for new cars now?

 

Prices don't seem soft yet.

I thought champion will sell swift at 99k this weekend but apparently they're still selling at 113k (bummer)

Corolla Altis is still at 148,888, gauge that as you may ...

 

[Throttle2]

On 1/4/2024 at 7:19 PM, Mkl22 said:

My neighbor jumped from his SKH plate golf to another brand new golf. High coe 10years ago to another high coe car. Either he has too much money to care or totally clueless. 

He likes to be f**ked, thats all i can say 

😂😂😁🤦🏻‍♂️

Edited January 7, 2024 by Throttle2

[13177]

On 1/7/2024 at 2:26 AM, Brass said:

Prices don't seem soft yet.

I thought champion will sell swift at 99k this weekend but apparently they're still selling at 113k (bummer)

Corolla Altis is still at 148,888, gauge that as you may ...

 

AD no decrease car price means they anticipate next few round will go up again. 

[Fitmugen]

On 1/6/2024 at 11:41 PM, Hellflame said:

hi guys, my COE honda fit is due to scrape this coming April 2024.

With CAT A at 65,000 Coe, isit recommended to shop for new cars now?

 

I would advise you to buy now, if you are looking only at new car. Car show some prices are good. MG ZS EV $118k. 12k depreciation is reasonable even during times of low COE.

SG population going up. Car population same. COE only has one long term trend

Edited January 7, 2024 by Fitmugen

[Daniu82]

On 1/7/2024 at 10:17 AM, 13177 said:

AD no decrease car price means they anticipate next few round will go up again. 

Cos they are the ones controlling the prices. If not where got just nice before car show then COE big drop? Many carrots to be chopped during the show! 

[ccc888]

On 1/7/2024 at 2:26 AM, Brass said:

Prices don't seem soft yet.

I thought champion will sell swift at 99k this weekend but apparently they're still selling at 113k (bummer)

Corolla Altis is still at 148,888, gauge that as you may ...

 

If go for NG bids, some other ADs give 15k price drop.

For G package, cfm will not drop price more than 10k unless they have big fat margin to begin with hahahaha

[ccc888]

On 1/7/2024 at 10:33 AM, Daniu82 said:

Cos they are the ones controlling the prices. If not where got just nice before car show then COE big drop? Many carrots to be chopped during the show! 

Yes, smart ones already gotten high COE rebates plus lock in high trade in value during last bidding liao 🙂

Song Song Gao Jurong 😉

[ccc888]

On 1/7/2024 at 10:30 AM, Fitmugen said:

I would advise you to buy now, if you are looking only at new car. Car show some prices are good. MG ZS EV $118k. 12k depreciation is reasonable even during times of low COE.

SG population going up. Car population same. COE only has one long term trend

Yes long term COE chart will only be higher highs and higher lows.

Most recent lows in 2019-2020 around 35kish and gauge from there for next trough. 🙂

[thebestbees]

@Brass many are expecting price to rebound sharply with huge drop. Thats why many of them only reduce the price by 10-15k for cat B. Especially with motorshow coming up next week demand will bound to be elevated.

[ccc888]

On 1/7/2024 at 12:31 PM, thebestbees said:

@Brass many are expecting price to rebound sharply with huge drop. Thats why many of them only reduce the price by 10-15k for cat B. Especially with motorshow coming up next week demand will bound to be elevated.

Yes and for those who never follow actual nett price for past few months may not know what they are getting…..all they care about is the extra freebies they get and headliners COE prices has crashed whahahaha

[Fitmugen]

On 1/7/2024 at 11:12 AM, ccc888 said:

If go for NG bids, some other ADs give 15k price drop.

For G package, cfm will not drop price more than 10k unless they have big fat margin to begin with hahahaha

I would say just go for NG bids. They have targets to meet for the car show. Even if earn only a few k they may sell to you

[thebestbees]

@ccc888 yes exactly, I’ve check a few AD the prices right now even though cat B is at 85k a lot of the dealers are pricing it as if the cat B is at $110k just a couple of weeks ago ! 

[waihoong2001]

Forget it folks, went a few showrooms yesterday. Packed, lots buying.