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COE Bidding – 2nd Round of January 2018


Carbon82
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I also think the net effect (i.e COE+VES as fixed taxes) did not fluctuate much actually. Overall general car price not significantly different.

Most CatA cars do not have VES surcharge, in fact some CatA cars e.g. Honda jazz have 10k VES rebate.

So general demand for cars have been tapering off as most of the car-buying crowd have gotten their rides in past 2 years. What is left is the incremental buyers who are not the kian cheong type

 

Perfect time to snag Honda jazz which should retail sub-70k price in this coming week

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taxi no need to bid COE ... but still need to pay COE ... lol

 

Taxis are not part of the COE.

 

Edited by Wt_know
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Anybody signed during car show and got their COE today? 

signed during car show after seeing the following

 

was given 5 yrs warranty and 5 yrs free servicing (including battery but exclude tires), interest rate 1.98%, aig insurance special deal, higher trade in price + 3k, free tinted flim... may consider top up abit more to cover brake pads and disc rotor wear and tear.

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Category Current COE Price ($) Quota Bids Received A CAR UP TO 1600CC & 97KW 36,824 1,713 1,936 B CAR ABOVE 1600CC OR 97KW 42,661 1,381 1,649 C GOODS VEHICLE & BUS 38,889 257 398 D MOTORCYCLE 8,001 565 779 E OPEN-ALL EXCEPT MOTORCYCLE 43,999 515 805

COE OPEN BIDDING

JANUARY 2018 2nd Open Bidding Exercise has ended on 17/01/2018 16:00 hrs

RESULTS FOR JANUARY 2018 2ND OPEN BIDDING EXERCISE Category Quota QP($) PQP($) A CAR UP TO 1600CC & 97KW 1,713 36,890 42,122 B CAR ABOVE 1600CC OR 97KW 1,381 42,661 50,578 C GOODS VEHICLE & BUS 257 39,000 46,992 D MOTORCYCLE 565 8,001 6,875 E OPEN-ALL EXCEPT MOTORCYCLE 515 44,000   QP: Quota Premium 

PQP: Prevailing Quota Premium

Edited by Fitvip
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Following the new VES in 2018, some dealers margin have actually increased given the lower COE... Especially those VES neutral and above, some dealers are making more each car they sell

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Most CatA cars do not have VES surcharge, in fact some CatA cars e.g. Honda jazz have 10k VES rebate.

So general demand for cars have been tapering off as most of the car-buying crowd have gotten their rides in past 2 years. What is left is the incremental buyers who are not the kian cheong type

 

Perfect time to snag Honda jazz which should retail sub-70k price in this coming week

 

From the looks of it, distributors will bring in more cars with low VES penalty or high VES rebate, especially for Cat A. Once the market realises this, COE bidding should go up again.

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COE OPEN BIDDING

JANUARY 2018 2nd Open Bidding Exercise has ended on 17/01/2018 16:00 hrs

RESULTS FOR JANUARY 2018 2ND OPEN BIDDING EXERCISE Category Quota QP($) PQP($) A CAR UP TO 1600CC & 97KW 1,713 36,890 42,122 B CAR ABOVE 1600CC OR 97KW 1,381 42,661 50,578 C GOODS VEHICLE & BUS 257 39,000 46,992 D MOTORCYCLE 565 8,001 6,875 E OPEN-ALL EXCEPT MOTORCYCLE 515 44,000 QP: Quota Premium

PQP: Prevailing Quota Premium

Thanks.
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signed during car show after seeing the following

 

was given 5 yrs warranty and 5 yrs free servicing (including battery but exclude tires), interest rate 1.98%, aig insurance special deal, higher trade in price + 3k, free tinted flim... may consider top up abit more to cover brake pads and disc rotor wear and tear.

What car?

so what does this bid signal?

CNY coming
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It signals the govt to think of what pattern to chut during budget day :D

Govt already foreseen all thesr. Thats whybthe intro of ves, zero growth, n more to come
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Dont understand after a couple of times mentioning coe is typically lowest in end of the year or beginning of the year before CNY, many still like to speculate this and that.

 

History has been proven again and again.

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Dont understand after a couple of times mentioning coe is typically lowest in end of the year or beginning of the year before CNY, many still like to speculate this and that.

 

History has been proven again and again.

you dont know mei.....either that someone is vested or just plain ignorant. I overheard some people talking about coe shooting up this round maciam pprofessional punter like that.......trying to look clever!
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What car?

CNY coming

Trade in my Cooper S (F55) to clubman S (F54)

 

Wife need a bigger n easy loading space for her dog cage.

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Trade in my Cooper S (F55) to clubman S (F54)

 

Wife need a bigger n easy loading space for her dog cage.

Can get more freebies since coe drop?
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