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165 replies to this topic | 292 praises

#161

Posted 23 February 2019 - 04:06 PM

YEN96
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Today is 23Feb and PQP for March is already out.

Is it still possible to renew at Feb PQP price today?

Yes. As long u pay Feb pay feb Pqp..U still not clear bt how coe renewal works.???

Rising $1k every month is not really a lot, some times up some times down, hopefully will average out. dun need to be so stress up bro. Many bros already advise. Unless u r so tempted and lured by feb low coe pqp

Edited by YEN96, 23 February 2019 - 04:18 PM.

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#162

Posted 23 February 2019 - 05:04 PM

Albeniz
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Yes. As long u pay Feb pay feb Pqp..U still not clear bt how coe renewal works.???

Rising $1k every month is not really a lot, some times up some times down, hopefully will average out. dun need to be so stress up bro. Many bros already advise. Unless u r so tempted and lured by feb low coe pqp

Steady poon pee pee!
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#163

Posted 23 February 2019 - 06:33 PM

Selanking
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Thanks for Sharing this way of calculating. I am basing on the calculation when I buy my used car with a linear depre of about 14k/year, so if I will to renew it now, I will lose that depre(my own paper value) of about 10k between now to Dec.
Put it the other way round, if COE will to go up by 10k by then, I still will be at best break even, wont lose anything, plus 10 more months of driving vs if I will to renew it now.
Boh bian lah, want to be cheapo, must calculate until so jialat. i thought my logic is reasonable, hope to hear more views.

Your calculation based on your used car depreciation is correct. No rush to Renew COE now as PQP is base on 6 bids coe, just need to monitor closely coming coe bidding.
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#164

Posted 28 February 2019 - 07:40 AM

Lotr8445r
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Looking at the trend chart, it seem like Dec18 is the lowest it can go. After that, coe price keep raising. Does that imply the lowest we can get is over?

Now we are waiting to see how high it can climb for the subseqence years to go?

Can we conclude that in theory, after waiting for so long for coe drop on better performance car (cat B), it will not hit below 30k. In actual fact, it is not less than 40k now because of the invisible 10k ves add on.

So those bought their cat B car at 36k period in early 2016 (3 yrs ago & w/o ves) is the earliest folk that get the best price then

Edited by Lotr8445r, 28 February 2019 - 07:56 AM.


#165

Posted 28 February 2019 - 09:09 AM

mengami
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Today is 23Feb and PQP for March is already out.

Is it still possible to renew at Feb PQP price today?

 

I found it interesting too. I thought CNY was the cause of last month's spike. Although I don't think there's enough data to consider it trend yet. Goes to show you have to be in the trade to know how to bid for COE. Unless there's a data scientist here among us :)


Renaultsport Clio R27

#166

Posted 28 February 2019 - 10:09 AM

carloverguy2017
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think until so much... seems like the impression people give is want to have car but cannot buy new car, cannot afford pre-own car and still can't have money to renew COE, which is the cheapest option to own a car.

Pardon me hor... really.. if struggling at work to sustain a car is tough job , please let go of the car and take public transport.

Uncle always say, no money don't drive car.

Drive car also become no money.


It's PNE ! PLay Not Enough lah...


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