Ben5266 Supercharged January 14, 2015 Share January 14, 2015 Dealer also want to close deal. No point keep bidding low and cannot get COE. So at the end they will bid high and pocket the profit and move on to other deals. of course. They will be f by the buyer if they consistently bidding 10k below last price. Actually, it is the buyer who wish the dealer to bid higher than the last price and yet not asking for top up. So now, is it the dealer or the buyers that cause the high Coe price? ↡ Advertisement Link to post Share on other sites More sharing options...
Chucky2007 Turbocharged January 15, 2015 Share January 15, 2015 Correct. If Coe goes up to $80k, dealer margin down to $20k. So, the incentive to the dealer is when Coe is at $60k where they earn $41k. Anything lower, they will still earn $41k. Buyer pocket the saving. So, no reason why the dealer will push the Coe as high as they light. Right? correct.. that's my view too.. Link to post Share on other sites More sharing options...
Voodooman Supersonic January 15, 2015 Share January 15, 2015 with this headline ... expect big crowd in showroom during weekend liao More COEs for February to April quota Big crowd but few will sign on the dotted line as asking price is based on current COE level. Need to wait dor a few bidding exercises to see impact. 1 Link to post Share on other sites More sharing options...
Wt_know Supersonic January 15, 2015 Share January 15, 2015 (edited) i expect japanese and korean dealer will chut pattern to lower their price more to lure customer to commit for 8 bids ... if coe shoot up then dont bid lor ... hehe Big crowd but few will sign on the dotted line as asking price is based on current COE level. Need to wait dor a few bidding exercises to see impact. Edited January 15, 2015 by Wt_know Link to post Share on other sites More sharing options...
Andyngps 5th Gear January 15, 2015 Share January 15, 2015 correct.. that's my view too.. That is if there is a rebate level. Not all may declare if they expect a significant drop in COE. Link to post Share on other sites More sharing options...
Wildfaye29 Turbocharged January 15, 2015 Share January 15, 2015 LTA has jz made the announcement. wow... 2 days earlier than the last 2 rounds. here's the summary: a) Cat A up 41% as projected! there r 289 more Cat A quota per bidding exercise!!! B) Cat B up 27%, Cat E down 34%. But NETT is 64 more Cat B & D combined COE quota per bidding exercise!! So from Feb is close to 1K per Cat A bid, 2K Cat A per month. What is your estimate for 2015 year end? Link to post Share on other sites More sharing options...
yo2020 6th Gear January 15, 2015 Author Share January 15, 2015 So from Feb is close to 1K per Cat A bid, 2K Cat A per month. What is your estimate for 2015 year end? the combined Cat A & B Quota for the coming quarter is 3400 per mth, jumped 35% from the current 2500! by end 2015, we could b looking at 4500-5000 per mth, that's another 30-45% jump!! it could reach the peak in 2016 at 8000-10000 per mth!!! source: http://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/M01-03M-Age.pdf 1 Link to post Share on other sites More sharing options...
yo2020 6th Gear January 15, 2015 Author Share January 15, 2015 the combined Cat A & B Quota for the coming quarter is 3400 per mth, jumped 35% from the current 2500! by end 2015, we could b looking at 4500-5000 per mth, that's another 30-45% jump!! it could reach the peak in 2016 at 8000-10000 per mth!!! source: http://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/M01-03M-Age.pdf i said this in another thread: 1,000 Cat A will not b enuf for so many hungry buyers. even if Cat A premium drops, most likely it wouldn't b a drastic drop. mayb i would say: a) for potential buyers waiting for small drop, likely can place order within the next 6 mths. b) for potential buyers waiting for medium drop, mayb can place order within the next 9-15 mths. c) for potential buyers waiting for drastic drop, wait long long... (note: this is a positive description, i meant wait >1 yr ) 1 Link to post Share on other sites More sharing options...
Handsomedi January 15, 2015 Share January 15, 2015 the combined Cat A & B Quota for the coming quarter is 3400 per mth, jumped 35% from the current 2500! by end 2015, we could b looking at 4500-5000 per mth, that's another 30-45% jump!! it could reach the peak in 2016 at 8000-10000 per mth!!! source: http://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/M01-03M-Age.pdf what if i tell you, the government will clawback the coe to keep it +- constant 3000-4000 coes per mth to save it for the drought period? lol Link to post Share on other sites More sharing options...
Mustank Hypersonic January 15, 2015 Share January 15, 2015 the combined Cat A & B Quota for the coming quarter is 3400 per mth, jumped 35% from the current 2500! by end 2015, we could b looking at 4500-5000 per mth, that's another 30-45% jump!! it could reach the peak in 2016 at 8000-10000 per mth!!! source: http://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/M01-03M-Age.pdf Bro yo2020!!!!! You run for mp, I consperm vote you in!!!!!!!!! what if i tell you, the government will clawback the coe to keep it +- constant 3000-4000 coes per mth to save it for the drought period? lol The seeding season is coming You need The soil to be wet and fertile to do the seeding 2 Link to post Share on other sites More sharing options...
Voodooman Supersonic January 15, 2015 Share January 15, 2015 what if i tell you, the government will clawback the coe to keep it +- constant 3000-4000 coes per mth to save it for the drought period? lol You work for the govt? Based on Singapore's total car population of around 620k, monthly quota should be around 5-6k to even out the cycle. Any clawback would be next year if you go by maths alone. Link to post Share on other sites More sharing options...
yo2020 6th Gear January 15, 2015 Author Share January 15, 2015 what if i tell you, the government will clawback the coe to keep it +- constant 3000-4000 coes per mth to save it for the drought period? lol no need tell me la, some1 (not me) proposed this to LTA during the public consultation if i recalled correctly. imho, however, even if this clawbck happened it is unlikely to happen this yr n it will b more like 10-15%; mayb max 20%. so the number of quota to clawbck shld b way below your mentioned figures. another option for LTA, of course, is to revamp the COE system. Link to post Share on other sites More sharing options...
Chucky2007 Turbocharged January 15, 2015 Share January 15, 2015 Those that renewed coe early on their 9year old car may stand to save some $$ is they can wait until middle or end of this year then renew.. if coe expired of course no choice cannot renew Link to post Share on other sites More sharing options...
yo2020 6th Gear January 23, 2015 Author Share January 23, 2015 still no news frm LTA yet, but this shld b the week LTA will announce the COE Quota for the next quarter. pretty sure there were more dereg in Dec n i adjusted the Cat A&B figures as shown below. we are looking at 40% more Cat A n 20% more Cat B. but the increase in Cat B may b marred by the decrease in Cat E. assessment time... side by side comparison betw my Projected Quota vs Actual, for those who r interested. the biggest surprise in Cat A & B is the number of dereg for Cat B in Dec. it was surged by 18.6% when compared to Nov's n it was doubled of Cat A's 9.4%!! Link to post Share on other sites More sharing options...
Penknife 5th Gear January 24, 2015 Share January 24, 2015 since cat E is mainly used for big cars, i wonder if LTA is able to break down the different categories that these CAT E are registered to. i have a feeling that Cat A, C and D which goes into Cat E got registered as a Cat B. in substance, it will mean using cat A, C and D to fuel the increase of Cat B cars. Link to post Share on other sites More sharing options...
Forte3737 5th Gear January 25, 2015 Share January 25, 2015 assessment time... side by side comparison betw my Projected Quota vs Actual, for those who r interested. the biggest surprise in Cat A & B is the number of dereg for Cat B in Dec. it was surged by 18.6% when compared to Nov's n it was doubled of Cat A's 9.4%!! Ya ya ya... Mr expert, when u buying a new car? 2 Link to post Share on other sites More sharing options...
Matrix0405 5th Gear January 25, 2015 Share January 25, 2015 assessment time... side by side comparison betw my Projected Quota vs Actual, for those who r interested. the biggest surprise in Cat A & B is the number of dereg for Cat B in Dec. it was surged by 18.6% when compared to Nov's n it was doubled of Cat A's 9.4%!! Zhun King. Will May - Jul 15 be more (COE) than Feb-Apr? Link to post Share on other sites More sharing options...
yo2020 6th Gear January 25, 2015 Author Share January 25, 2015 Zhun King. Will May - Jul 15 be more (COE) than Feb-Apr? guaranteed for cars. ;) Ya ya ya... Mr expert, when u buying a new car? mai gan cheong. ↡ Advertisement Link to post Share on other sites More sharing options...
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