Carbon82 Moderator August 4, 2018 Share August 4, 2018 Good Luck to all vested! Past Bidding Results (2001 - 2018) PQP (2013 - 2018) The details of the August 2018 first open bidding exercise for Certificates of Entitlement (COEs) are as follows: Tender opens: Monday, 6 August 2018, 12 noon Tender closes: Wednesday, 8 August 2018, 4.00 pm Tender results: Wednesday, 8 August 2018 (Available on the www.onemotoring.com.sg website) The total quota available for this tender is 4,697 for the following vehicle categories: NON-TRANSFERABLE CATEGORIES: Category A: Cars (up to 1600cc & 97kW (130bhp)) => 1,672 Category B: Cars (above 1600cc or 97kW (130bhp)) => 1,265 Category D: Motorcycles => 845 TRANSFERABLE CATEGORIES: Category C: Goods Vehicles and Buses => 379 Category E: Open Category => 536 During the bidding exercise, bidders can check on the status of their bids and revise their reserve price using these banks’ services or the LTA Open Bidding website (https://ocoe.lta.gov.sg). ↡ Advertisement 13 Link to post Share on other sites More sharing options...
Pocy Hypersonic August 4, 2018 Share August 4, 2018 Waiting for durian 3 Link to post Share on other sites More sharing options...
StingerGT 5th Gear August 4, 2018 Share August 4, 2018 Hope Cat B doesn't go up too much so that I can get mine! 2 Link to post Share on other sites More sharing options...
Jammy_buttons 3rd Gear August 4, 2018 Share August 4, 2018 Good luck to those who are vested. I wonder if cat a will increase Link to post Share on other sites More sharing options...
DACH Supersonic August 4, 2018 Share August 4, 2018 Thanks @carbon82 to start the ball rolling early. 2 Link to post Share on other sites More sharing options...
Chongster 6th Gear August 4, 2018 Share August 4, 2018 volkswagen rebate for Cat B at 30k. that's sincere. Link to post Share on other sites More sharing options...
EvaEva 2nd Gear August 4, 2018 Share August 4, 2018 With KMC giving discount of $5.3K after raising the price of the Elantra by 8K the week after the 25K COE, looks like demand is not strong and COE prices will be maintained at current level. Link to post Share on other sites More sharing options...
silvialite 1st Gear August 4, 2018 Share August 4, 2018 Praying hard I’ll get my COE this round. Link to post Share on other sites More sharing options...
Roh96 6th Gear August 4, 2018 Share August 4, 2018 I still believe COE has more downside potential than upside. Many ppl are stuck with their used cars which they bought over the past few years. I have heard terrible trade in value for merely 3 yrs old cars. Unless one is willing to part their money like that, otherwise most will just have to hold on to their existing cars. Link to post Share on other sites More sharing options...
Friendstar Supercharged August 4, 2018 Share August 4, 2018 K3 launched. Coe will be supported. Link to post Share on other sites More sharing options...
Apple-Tree 6th Gear August 4, 2018 Share August 4, 2018 The problem now is not COE Up or Down. The bigger problem is that many car is still priced as if COE is 50K lor ..... It is such a terrible times to buy car lor ...... I still believe COE has more downside potential than upside. Many ppl are stuck with their used cars which they bought over the past few years. I have heard terrible trade in value for merely 3 yrs old cars. Unless one is willing to part their money like that, otherwise most will just have to hold on to their existing cars. 1 Link to post Share on other sites More sharing options...
EvaEva 2nd Gear August 4, 2018 Share August 4, 2018 The problem now is not COE Up or Down. The bigger problem is that many car is still priced as if COE is 50K lor ..... It is such a terrible times to buy car lor ...... The current situation is that people are still not used to cars slapped with 10K to 20K of VES tax, hence, car prices do appear high even with lower COE price. Indeed, the prices of these cars are similar to when COE was 40K to 50K range. Link to post Share on other sites More sharing options...
pegasi 4th Gear August 4, 2018 Share August 4, 2018 does ves add to the parf rebate value? how does the calculation look like Link to post Share on other sites More sharing options...
Inlinefour Twincharged August 4, 2018 Share August 4, 2018 does ves add to the parf rebate value? how does the calculation look like VES is extra penalty paid Nothing to do with your Parf Rebate Link to post Share on other sites More sharing options...
Apple-Tree 6th Gear August 4, 2018 Share August 4, 2018 About there but still not there. Example 10 MPV brands. 6 kenna 10K VES while 4 in the neutral band. That 4 brands of MPV will pegged as if it is in the 10K band. Hence, profited the 10K. No competition ma. Good example, Carens I bought 103. Now 101. But my COE is 50K lor. So the strategy would be to pick the type of Car where everybody is in the same band. Difficult. - Low CC, Saloon or Tiny Saloon lor ?? Not sure. For us who have already bought a car, if there is planned to sell then expect a big price distortion lor. Total loss claim also difficult to close case due to distortion. Best is drive the full 10 years lor. Or else, prepare for a big loss for changing car. The current situation is that people are still not used to cars slapped with 10K to 20K of VES tax, hence, car prices do appear high even with lower COE price. Indeed, the prices of these cars are similar to when COE was 40K to 50K range. Link to post Share on other sites More sharing options...
Roh96 6th Gear August 4, 2018 Share August 4, 2018 The problem now is not COE Up or Down. The bigger problem is that many car is still priced as if COE is 50K lor ..... It is such a terrible times to buy car lor ...... Is it bcos they are subjected to VES surcharge? I realise those neutral ones are generally cheaper now than when COE was at 50k. Link to post Share on other sites More sharing options...
EvaEva 2nd Gear August 4, 2018 Share August 4, 2018 You are right that some ADs are profiteering from the imperfect market situation by pricing their VES B cars close to those VES C cars especially if these cars are high in demand. Consumers must educate themselves when buying cars in Singapore. If not, the ADs will continue to take advantage of the market imperfection to maximize profits. About there but still not there. Example 10 MPV brands. 6 kenna 10K VES while 4 in the neutral band. That 4 brands of MPV will pegged as if it is in the 10K band. Hence, profited the 10K. No competition ma. Good example, Carens I bought 103. Now 101. But my COE is 50K lor. So the strategy would be to pick the type of Car where everybody is in the same band. Difficult. - Low CC, Saloon or Tiny Saloon lor ?? Not sure. For us who have already bought a car, if there is planned to sell then expect a big price distortion lor. Total loss claim also difficult to close case due to distortion. Best is drive the full 10 years lor. Or else, prepare for a big loss for changing car. Link to post Share on other sites More sharing options...
Nuffle Clutched August 4, 2018 Share August 4, 2018 Citroen can offer Cat A rebate at 32k means this round Cat A will rise? ↡ Advertisement Link to post Share on other sites More sharing options...
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