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128 replies to this topic | 222 praises

#41

Posted 23 January 2019 - 03:05 PM

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Cat A should be above 30k, demanding is high
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#42

Posted 23 January 2019 - 03:05 PM

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Rephrase

3pm is an indicator if it will be a hot round. If 3pm already more than $1 then it should be quite hot

The converse may not be true

It happened. 28k today?

#43

Posted 23 January 2019 - 03:27 PM

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1st out of 6 rounds non guaranteed for me. Confirm no chance today

 

With COE quota (number of COEs available for bidding) due to be lowered in the next quarter and coming quarters (3 years at least). Be prepared for higher COE prices. 

 

If you have signed for non-guaranteed COE package, it will be very likely that you will be asked to top-up. 

 

Dealers and PI who offers guaranteed COE are likely to have on hand CAT E COEs and are well guarded against COE price hikes (hedged). 

 

It is 3.27pm and CAT B already at $30k. 


Edited by Civicblade, 23 January 2019 - 03:28 PM.

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#44

Posted 23 January 2019 - 03:28 PM

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With COE quota (number of COEs available for bidding) due to lower in the next quarter and coming quarters (3 years at least). Be prepared for higher COE prices.

If you have signed for non-guaranteed COE package, it will be very likely that you will be asked to top-up.

Dealers and PI who offers guaranteed COE are likely to have on hand CAT E COEs and are well guarded against COE price hikes (hedged).

It is 3.27pm and CAT B already at $30k.

3.28pm...
Cat B $31.5k liao

#45

Posted 23 January 2019 - 03:33 PM

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With COE quota (number of COEs available for bidding) due to be lowered in the next quarter and coming quarters (3 years at least). Be prepared for higher COE prices.

If you have signed for non-guaranteed COE package, it will be very likely that you will be asked to top-up.

Dealers and PI who offers guaranteed COE are likely to have on hand CAT E COEs and are well guarded against COE price hikes (hedged).

It is 3.27pm and CAT B already at $30k.

Gone liao I'm getting CAT A car from AD. Non guaranteed. Hope dont need top up too much

#46

Posted 23 January 2019 - 03:37 PM

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who said motor show sales not good? should have been quite decent

Edited by bronzy, 23 January 2019 - 03:37 PM.


#47

Posted 23 January 2019 - 03:40 PM

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Last chance for dealers to secure coe for those cny delivery. All bidding generously . Govt huat!

#48

Posted 23 January 2019 - 03:42 PM

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This final 15 minute is the decisive period.

#49

Posted 23 January 2019 - 03:44 PM

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600 excess bids in both CAT A and B. 

 

Demand looks healthy. Dealers will increase the list price tomorrow after LTA announce the quota reduction tomorrow. 



#50

Posted 23 January 2019 - 03:47 PM

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Open cat still $1

#51

Posted 23 January 2019 - 03:54 PM

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Dealers all bid cat B forgot about open car. $1 only !!

#52

Posted 23 January 2019 - 03:55 PM

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Motorcycle $1. How much is it usually?

#53

Posted 23 January 2019 - 03:57 PM

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Motorcycle seems to be set for $1  

 

unless invisible hands interfere haha



#54

Posted 23 January 2019 - 04:00 PM

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Slight increase in CAT A. Not a bad result.


Edited by Civicblade, 23 January 2019 - 04:02 PM.


#55

Posted 23 January 2019 - 04:01 PM

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Motorcycle $1. How much is it usually?

IDDING STATUS AS AT 23/01/2019 16:00 HRS Category Current COE Price ($) Quota Bids Received A CAR UP TO 1600CC & 97KW 26,170 1,818 2,864 B CAR ABOVE 1600CC OR 97KW 33,989 1,244 2,119 C GOODS VEHICLE & BUS 26,230 344 537 D MOTORCYCLE 2,889 1,104 1,473 E OPEN-ALL EXCEPT MOTORCYCLE 33,689 540 797

#56

Posted 23 January 2019 - 04:04 PM

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Invisible hands came in for Motorcycle  $1  to  $2,889 within last 2 minutes haha.

 

 

Category                                              Current COE Price ($)  Quota Bids Received
BIDDING STATUS AS AT 23/01/2019 15:58:22.00 HRS MOTORCYCLE - $1 1,104 963
BIDDING STATUS AS AT 23/01/2019 15:59:02.00 HRS MOTORCYCLE - $709 1,104 1,126
BIDDING STATUS AS AT 23/01/2019 15:59:42.00 HRS MOTORCYCLE - $2,709 1,104 1,411
BIDDING STATUS AS AT 23/01/2019 16:00 HRS       MOTORCYCLE - $2,889 1,104 1,473


#57

Posted 23 January 2019 - 04:13 PM

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COE is going upwards for all CAT slowly with significant no of unsuccessful bids which is not a good sign.

Are we heading towards medium level COE following by high COE era again so soon?

 


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#58

Posted 23 January 2019 - 04:13 PM

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Slight increase in CAT A. Not a bad result.

 

Quite surprise with the increment of 250$ only for cat A. It seems Motor Car Show does not really have big impact to the COE. But may be from Feb when the quota is cut down then we can see. I think the market now is stabilizing at COE for cat A around 26k.


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#59

Posted 23 January 2019 - 04:27 PM

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Are you sure or not?

 

My prediction was not bad based on day 1 and 2 bidding pattern - about $26k for Cat A and $34k for Cat B.

 

The pressure is for Cat B to go up quite fast from the next quarter since more car buyers are going for hybrids that are Cat B.

 

In the next VES review, LTA should also revise their power output differentiation for Cat A/B due to technological advances, if not Cat B prices will run to $40k+ quickly.



#60

Posted 23 January 2019 - 04:55 PM

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Quite surprise with the increment of 250$ only for cat A. It seems Motor Car Show does not really have big impact to the COE. But may be from Feb when the quota is cut down then we can see. I think the market now is stabilizing at COE for cat A around 26k.

not 600?


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