Carbon82 Moderator November 18, 2018 Share November 18, 2018 Community Service by MCF 2 useful links for our dear MCFers, who are following the bidding exercise:Real Time COE Bidding ResultsCheck Your COE Bidding Status [sunny] Good Luck to all vested! [sunny]Past Bidding Results (2001 - 2012) Past Bidding Results (2013 - 2018) Trend Chart (Nov 2016 - Oct 2018) *chart taken from www.sgcarmart.comPQP (2013 - 2018)The details of the November 2018 2nd open bidding exercise for Certificates of Entitlement (COEs) are as follows:Tender opens: Monday, 19 November 2018, 12 noonTender closes: Wednesday, 21 November 2018, 4.00 pmTender results: Wednesday, 21 November 2018 (Available on the www.onemotoring.com.sg website)The total quota available for this tender is 5,045 for the following vehicle categories:NON-TRANSFERABLE CATEGORIES:Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,818Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,241Category D: Motorcycles => 1,103TRANSFERABLE CATEGORIES:Category C: Goods Vehicles and Buses => 331Category E: Open Category => 552 ↡ Advertisement 10 Link to post Share on other sites More sharing options...
Pocy Hypersonic November 18, 2018 Share November 18, 2018 X’mas sales!! COEs cheap cheap 1 Link to post Share on other sites More sharing options...
DACH Supersonic November 18, 2018 Share November 18, 2018 Thanks to @Carbon82 for this thread. 1 Link to post Share on other sites More sharing options...
radiographer 1st Gear November 18, 2018 Share November 18, 2018 cat A to fall below 25k as all budgets would be allocated for overseas trips 2 Link to post Share on other sites More sharing options...
Ct3833 Supersonic November 18, 2018 Share November 18, 2018 (edited) Cant praise you enoug TS, now have colorful trend chart some more. My guess is at best flat if not 2k range lower. Edited November 18, 2018 by Ct3833 1 Link to post Share on other sites More sharing options...
Hub8246 2nd Gear November 18, 2018 Share November 18, 2018 My guess is all cat will drop slightly or remains. Don't think will increase. 2 Link to post Share on other sites More sharing options...
Wildfaye29 Turbocharged November 18, 2018 Share November 18, 2018 Up up down down up up down 1 Link to post Share on other sites More sharing options...
Spring Moderator November 18, 2018 Share November 18, 2018 I’m also predicting an all round drop of $1k to $2k. Good luck to all who r vested!! 2 Link to post Share on other sites More sharing options...
Ironstarz 1st Gear November 18, 2018 Share November 18, 2018 Last bidding was fuelled by the expo , I Guess it would be down this time round 2 Link to post Share on other sites More sharing options...
Runforyourlife 5th Gear November 19, 2018 Share November 19, 2018 Stay sane or drop 1-2k! 1 Link to post Share on other sites More sharing options...
Jwee85 5th Gear November 19, 2018 Share November 19, 2018 Waiting for cheap Motorcycle COE dream. Just scrapped my old bike, and getting free $3500 from gov. Will reinvest the free $$ in a brand new motorcycle. So will be bidding for the bike Cat.D COE this week. Cat.A might drop below $25,000 this time. 2 Link to post Share on other sites More sharing options...
Carlson55 2nd Gear November 19, 2018 Share November 19, 2018 Last bidding was fuelled by the expo , I Guess it would be down this time roundExpo car show last month sales not as good as previous Apr version, most of potential buyers stay sideline and with wait-and-see approach. COE up last bidding due to clearing backlog and 3-week long bidding interval. Everyone wishes to buy car with low low COE...when COE plunged a few K, you will see buyers rush to market again, because you never know whether COE will head south further. Yes quota increase for next few months, will this extra quota really enough for new car buyers? If you thought of bidding COE $1000 this around with hope to get it, there will be always someone out there is willing to bid $2000...this cycles continue till last bidded amount. 3 Link to post Share on other sites More sharing options...
Hub8246 2nd Gear November 19, 2018 Share November 19, 2018 Expo car show last month sales not as good as previous Apr version, most of potential buyers stay sideline and with wait-and-see approach. COE up last bidding due to clearing backlog and 3-week long bidding interval. Everyone wishes to buy car with low low COE...when COE plunged a few K, you will see buyers rush to market again, because you never know whether COE will head south further. Yes quota increase for next few months, will this extra quota really enough for new car buyers? If you thought of bidding COE $1000 this around with hope to get it, there will be always someone out there is willing to bid $2000...this cycles continue till last bidded amount. The problem is, the customers or end users are not bidding for the coe themselves. If they have to bid it themselves, the value will be very different from the coe now. my guess is that it will be lower if they bid it themselves. 3 Link to post Share on other sites More sharing options...
kelaihoyin 5th Gear November 19, 2018 Share November 19, 2018 The problem is, the customers or end users are not bidding for the coe themselves. If they have to bid it themselves, the value will be very different from the coe now. my guess is that it will be lower if they bid it themselves. Yea to say that the dealers don't collude at any level is total BS. But then again gov happy, dealer happy business happy so they wouldn't care at all. 2 Link to post Share on other sites More sharing options...
Sohboonguan 1st Gear November 19, 2018 Share November 19, 2018 This coming COE Nov 2nd bid is the $2 COE crash 10 years anniversary. LCR car still left a bit. Economy is not doing so well... Good luck to us all... 4 Link to post Share on other sites More sharing options...
Dafansu Turbocharged November 19, 2018 Share November 19, 2018 This coming COE Nov 2nd bid is the $2 COE crash 10 years anniversary. LCR car still left a bit. Economy is not doing so well... Good luck to us all... ðMaybe this time round will be motorcycle 1 Link to post Share on other sites More sharing options...
Carlson55 2nd Gear November 19, 2018 Share November 19, 2018 The problem is, the customers or end users are not bidding for the coe themselves. If they have to bid it themselves, the value will be very different from the coe now. my guess is that it will be lower if they bid it themselves.AD sell you a car with unknown profit margin. Best case is COE plunged a lot after transaction. let' s say hitting the COE cash rebate they set...then they make the most profit out of this transaction. In contrast, they are still conservative enough to allow 2-3K COE increase without asking you to top up. Buying a car without COE from dealer is tough...seldom AD will sell to you as they lose the opportunity of another source of profit due to COE fluctuation. 2 Link to post Share on other sites More sharing options...
Lotr 6th Gear November 19, 2018 Share November 19, 2018 AD sell you a car with unknown profit margin. Best case is COE plunged a lot after transaction. let' s say hitting the COE cash rebate they set...then they make the most profit out of this transaction. In contrast, they are still conservative enough to allow 2-3K COE increase without asking you to top up. Buying a car without COE from dealer is tough...seldom AD will sell to you as they lose the opportunity of another source of profit due to COE fluctuation. In some cases, they already have open cat coe on hand so they do know the profit margin, e.g. during the recent cars@expo some dealers already said this. ↡ Advertisement 2 Link to post Share on other sites More sharing options...
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