COE Bidding – 1st Round of June 2018

[Freeder]

Actually our economy has been pretty stagnant since late 2016. 

 

Can see from your Cai Png lunches..  

[Doppel]

https://samuelee.net/analysis/ves-to-boost-vehicle-tax-collection-to-s2-8b-next-year/

 

- have posted this link in VES thread too.  yes, vehicle taxes will increase govt pocket

Thanks!

 

It all makes sense:

 

FY2017's sum of vehicle taxes and quota premiums: S$8,319 million

FY 2018's budgeted total: S$8,393 million (+S$74 million)

They key point, vehicle taxes cannot be clawed back, unlike COE quota premiums if you scrap your vehicle, LTA must return you the money pro-rata.

[Linusss]

The demand for Cat B is surprisingly higher than Cat A by almost 2 times as of now. Perhaps we will see Cat B ending higher than Cat A today? We will see.

[Defcon]

37k for cat A

36.5k for cat B

[Heman75]

seems like everyone is tired of following the trend.. not much interactions here...... 

 

 

[Linusss]

seems like everyone is tired of following the trend.. not much interactions here...... 

 

Haha, school holiday time. Many people on vacation!

[Defcon]

last 2 weekend see the showrooms not that crowded also... dont think will have any major jumps

[Friendstar]

A crash is coming

[Seetong]

The game probably will starts at last 30 mins

[Defcon]

The game probably will starts at last 30 mins

more like last 5minutes nowadays

[Seetong]

more like last 5minutes nowadays

Lidat where got tym to revise bid. Haha

[Linusss]

more like last 5minutes nowadays

 

Cat B starting very soon.

[Defcon]

surge incoming liao... $1 should be breaking by 1535hrs

[JQ01]

seems like even bids are coming in smaller quantity as compare to the past few bids... lets see, 35mins to go

[Newdriver12345]

Really just the fun of following the trend :)

 

Good luck to all getting car this round :)

 

Last few bids also not much excitement towards last 5 minutes . Price stop moving by then.

[Defcon]

cat B started.. $25k.. seems weak

[may_dream]

only CAT B have movement at the at 3.30pm

[Linusss]

Today really looking quite weak.

 

I thought most of the AD should have put in their bid by now.

Edited June 6, 2018 by Linusss