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250 replies to this topic | 639 praises

#1

Posted 22 June 2019 - 02:40 PM

Wolverine23
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Any forecast?


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#2

Posted 25 June 2019 - 08:32 PM

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Up for Cat A , probably down or stable for B
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#3

Posted 26 June 2019 - 09:58 AM

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Any forecast?

 

Flip a coin. Heads it's up; tails it's down; and If it lands on its edge, no change.


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#4

Posted 26 June 2019 - 11:14 AM

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This is the answer to where COE prices are headed - Brace for greater economic headwinds as global uncertainties likely to persist

 

https://www.channeln...inties-11662164

 

[;)]


Edited by Vinceng, 26 June 2019 - 11:15 AM.

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#5

Posted 26 June 2019 - 11:16 AM

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This is the answer to where COE prices are headed - Brace for greater economic headwinds as global uncertainties likely to persist

https://www.channeln...inties-11662164

[;)]

In this case, coe should go down? 😂

Edited by 13177, 26 June 2019 - 11:16 AM.

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When you arise in the morning think of what a precious privilege it is to be alive, to breathe, to think, to enjoy, to love.

#6

Posted 26 June 2019 - 11:33 AM

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In this case, coe should go down? 😂

 

Provided Ah Gong don't reduce quota and the ride hailing films don;t come in to disturb.  [laugh]



#7

Posted 26 June 2019 - 11:39 AM

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I think Cat A will up 1 to 2k and Cat B maybe will drop another 1 to 2k


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#8

Posted 26 June 2019 - 02:59 PM

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Should likely be drop another $1000 for A & B.


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#9

Posted 26 June 2019 - 07:38 PM

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Cat A. $26-28k

Cat B $33 - 35K

New trend now Cat A and B gap looks more like $5k den used to be $10k
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#10

Posted 26 June 2019 - 07:47 PM

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I think A will go up and B will go down.  <2k ea.


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#11

Posted 26 June 2019 - 07:54 PM

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CAT B 26,999

CAT A 22,950
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#12

Posted 26 June 2019 - 08:07 PM

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Any forecast?

You are hoping that COE will go down a lot more so that you could trade your Audi for a Civic? Here is my thought but I could be wrong.
Cat A currently at 26.9k, chances of it to go down by 10k is quite impossible, down by 5k? Maybe, it is anyone's guess. But even if COE will to drop by 5k, price of Civic will not, it will be 2k or 3k lower at best. Since you are looking at spending 95k, what difference would it make for 3k more? or less ?
Would the reverse happen ? Will COE goes up ? Possible especially taxi starts to come in, by then, you have no time to react, while I wont say COE will surge like a derail train , it will for sure to go up.
Net is if you have done your maths and are financially comfortable, your have not much to lose at current price.
Simple comparison, how much COE have you paid for Audi vs now ?

Edited by Ct3833, 26 June 2019 - 08:09 PM.


#13

Posted 26 June 2019 - 08:09 PM

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You are hoping that COE will go down a lot more so that you could trade your Audi for a Civic? Here is my thought but I could be wrong.
Cat A currently at 26.9k, chances of it to go down by 10k is quite impossible, down by 5k? Maybe, it is anyone's guess. But even if COE will to drop by 5k, price of Civic will not, it will be 2k or 3k lower at best. Since you are looking at spending 95k, what difference would it make for 3k more? or less ?
Would the reverse happen ? Will COE goes up ? Possible especially taxi starts to come in, by then, you have no time to react, while I wont say COE will surge like a derail train , it will for sure to go up.
Net is if you have done your maths and are financially comfortable, your have not much to lose at current price.

Agree. Already locked in it :)
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#14

Posted 27 June 2019 - 08:28 AM

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yah... actually for now, it's better to hope the prices of the cars you want to buy drop to your expectation, instead of expecting COE drop to certain levels

 

many car dealers are still stubbornly holding on to their high selling price levels, hoping things will turn around


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#15

Posted 27 June 2019 - 01:54 PM

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With the news of technical recession...... and our PM telling singaporeans to brace ourselves and cannibalise each others.

 

Will Kiasi car buyers hold back their purchase this weekends?

If so, this might mean the COE could drop below $20k or worst.


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#16

Posted 27 June 2019 - 02:13 PM

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With the news of technical recession...... and our PM telling singaporeans to brace ourselves and cannibalise each others.

Will Kiasi car buyers hold back their purchase this weekends?
If so, this might mean the COE could drop below $20k or worst.

Yeah holding it now!
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#17

Posted 27 June 2019 - 06:04 PM

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If demand is weak, dealers will cut price to attract buyers. Otherwise they will not be able to prop up the COE prices. If not, one fine day if the bidding number is not enough, prices will crash and they will have to cough up the rebates.

#18

Posted 27 June 2019 - 06:41 PM

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Car service advisers could suffer reduced commission.

 

This happen as a result of potentially smaller loan package,

 

or even for onward coe reduction/rebate.


Edited by Tanhangkiang, 27 June 2019 - 06:47 PM.

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#19

Posted 27 June 2019 - 09:44 PM

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May 2019 was quite gloomy but there is some recovery of sentiment since mid June 2019.

 

Since Cat A quota might be cut by about 15% from Aug to Oct, it should push the Cat A COE back to $30k+ in July.  Cat B quota seems to be quite stable in the next quarter so I don't expect much changes.

 

Hence, I think Cat A and B prices could converge in July 2019 at around $33k-36k.



#20

Posted 27 June 2019 - 10:05 PM

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One more point of view is that COE quota cut is due to fewer deregistration which is due to more people extending their COEs. Correspondingly the demand for new cars drops. So with COE supply drop, there is also a possible demand drop.

Unless people are extending COEs to keep as an extra car


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